October 18, 2017: *** The newly-restored Holy Trinity Parish Church of Loay is formally turned-over on Sunday October 15, 2017 from the National Historical Commission of the Philippines (NHCP) to the Diocese of Tagbilaran through Bishop Alberto Uy. ***For the very first time, Bohol landed among the 14 finalists in the search for thr Most Business-Friendly Province in the country. ***PDEA-Bohol Head Agent Nicholas Gomez admitted that the drug problem in Bohol persists despite the reduction of supply of shabu coming from Cebu. *** The administration of the Bohol District Jail is now planning to acquire an x-ray machine as part of its crackdown on the entry of contraband into the jail facility, said BDJ Warden Jail Chief Insp. Felipe Montejo. *** DILG-Bohol conducted People's Forum on Federalism on October 17, 2017 at JJ's Seafood Village with city/municipal information officers and CSO/Faith-Based Representatives as participants. ***Schools across the province are expected to conduct make-up classes in lieu of class suspensios due to the two-a nationwide raspot astrike, according toDepEdBohol SchoolVGovernace and Operations Division Chief Desiderio Delgero. ***The province is bent on making history by getting a UNESCO recognition as a global geological park, the first for Philippines. ***The symbolic unveiling of the Geomarker at the Chocolate Hills Complex on Sunday will boost Bohol's application for UNESCO declaration of the entire province as a global geological park.

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Wednesday, February 19, 2014

In the official results of The Heritage Foundation and The Wall Street Journal’s Index of Economic Freedom, the Philippines now ranks 89th out of 178 countries, improving from last year’s 97th out of 177 countries. 

The Philippines ranks 16th out of 42 Asia-Pacific countries, with a score of 60.1, 1.6 points higher than the regional average of 58.5. 

According to this report, the Philippines improved its ranking because of “notable improvements in investment freedom, business freedom, monetary freedom, and control of government spending,” and is “moderately free.” 

Secretary Cesar V. Purisima noted that this report proves the Aquino administration’s principle that good governance is good economics.

“By focusing on deepening the virtuous cycle of good governance, the administration’s efforts in addressing the problems of corruption, fiscal mismanagement, and inefficient regulatory processes are being noticed by international organizations and observers, making the Philippines more attractive to investors,” Purisima said. 
Purisima said, “Our challenge now is to continue our improvements and to ensure our recent economic growth and inclusive development remain beyond President Aquino’s term ending in 2016. We are now focusing on legislating these reforms to ensure the dividends of good governance will be here to stay.” 

Looking forward, Purisima said, “We hope that Filipinos will demand succeeding administrations to enter into the virtuous cycle of good governance.” 

The Index of Economic Freedom is a joint publication of The Wall Street Journal, and The Heritage Foundation. The annual report tracks progress in economic freedom through indicators such as Rule of Law, Limited Government, Regulatory Efficiency, and Open Markets in 186 countries. Economic Freedom as defined by the publication is the fundament right to control one’s labor and property, with government allowing the free movement of labor, capital and goods. (DOF)

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