August 18, 2017: *** The National Grid Corp. of the Philippines (NGCP) is now faced with the problem of looking for usable areas to hold transmission lines that would link the power barge in Tapal Wharf in Ubay town to a substation in Barangay Emelda of the same town. ***The City Government of Tagbilaran is set to sign a memorandum of agreement with BFAR for a multi-million peso livelihood project intended to uplift the living conditions of the fisherfolk. ***47th Infantry Battalion Commanding Officer, Lt. Col. Joel Malig said units under him are currently undergoing intensified intelligence operations along with other allied units to confirm the reports on sightings of armed men in Bohol. *** LGU Pilar's program, "Productivity Improvement thru landcare and Agriculture Resource Development and Management"(Pilar Dam) landed in the top 20 in Taking Look 2017. *** LGU Panglao got third place (3rd-6th class municipalities) in Infrastructure during the 5th Regional Competitiveness Summit held at PICC recently. ***LGU Panglao's entry program "A Purok-Based Approach in Basic Education Reforms/Turo-Turismo: Strengthening Partnership and Industry Linkage for Effective K-12 Implementation is among the 20 finalist of the Galing Pook Awards 2017. ***The towns of Panglao and Pilar are among the 20 finalists in the yearly search for Galing Pook Awards 2017. *** The National Food Authority in Bohol said prices of rice in the province have been on an uptrend since last week reaching an increase of up to P5 per kilo. *** A man listed in the Bohol Provincial Police Office drug watch list was caught last night with drugs weighed 80 grams with estimated street value of P993,000.

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Thursday, January 31, 2013



MALACA√ĎANG welcomed reports that the Philippine economy grew by 6.8 percent in the fourth quarter of 2012, assuring that the Aquino government will continue to work even harder to maintain the economy’s upward trajectory, a Palace official said. 

Presidential Spokesperson Edwin Lacierda issued the statement during the regular press briefing in Malacanang on Thursday following reports that the country’s Gross Domestic Product (GDP) grew by 6.8 percent due to the robust performance of the services sector led by trade and real estate, renting and business activities as well as the substantial improvements in manufacturing and construction. 

"The Philippine economy grew by 6.8 percent in the 4th quarter of 2012, bringing full-year growth for 2012 to 6.6 percent. This is higher than the government’s official target of 5 to 6 percent," Lacierda said. 

"What is particularly important to note is that while growth was initially driven by government stimulus, it is now being increasingly driven by private sector activity, including investments, which grew by 8.7 percent in 2012. This means growth is becoming more sustainable from a fiscal and macroeconomic perspective," Lacierda noted. 

Lacierda said the continued growth of the GDP is proof of the country's ability to sustain a united march towards equitable progress. 

"Private sector activity has been enabled by the Aquino administration’s dedication to positive reform. Without doubt, good governance means good economics," Lacierda stressed. 

"The administration’s vision for the economy has always been to ignite a virtuous cycle of growth and empowerment—to enable business and enterprise to flourish; to open doors of opportunity for each citizen; and to invest in them so that they can truly take hold of their own destinies," he said. (PND)

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