Cebu City News

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Cebu ready to host 5,000 guests for Batang Pinoy

By Iste S. Leopoldo, Edri K. Aznar

AROUND 5,000 athletes and spectators are expected to grace the opening of the 2015 National Youth Games-Batang Pinoy National Championships this Friday at the Cebu City Sports Center.

This was disclosed by Cebu City Sports Commission Chairman Ed Hayco during last Monday’s press conference together with Philippine Sports Commission (PSC) Chairman Ritchie Garcia, CCSC Commissioner Bernard Ricablanca, Cebu Province Sports Commission Director Brando Velasquez, PSC executive assistant Atty. Jay Alano and CCSC commissioner Danilo Villadoid.

Hayco said the Cebu City hosting will have the support from Cebu Province, Danao and Mandaue.

During the opening, Cebu will showcase a grand show prepared by the Sinulog Foundation headed by Ricky Ballesteros.

Most of the performers come from five-time Sinulog champion Cebu Basakanon, the Sinulog Idol, the Philippine Taekwondo Association-Cebu Chapter, the UC Dance Company and Abellana National School Dance Troupe and the DanceSport Team Cebu City.

Meanwhile, the Cebu City girls’ volleyball team composed of players from the Southwestern University (SWU) and University of San Carlos are all geared up for the competition. The boys’ team is composed of players from USC and Abellana National School.

The girls’ beach volleyball team is composed of players from St. Theresa’s College (STC), while the boys are from ANS.

In tennis, coach Fritz Tabura said that he based his selection on the players’ performances during the recent major tennis tournaments such as the Cebu City Olympics, Milo Little Olympics and Cebu Schools Athletics Foundation Inc. (Cesafi) tournaments.

The tennis team is composed of Francis Hidalgo and Francis Ricana, Gener Francis Lambayan and Marc Suson for the boys side and Zethley Mae Alferez, Kara Salimbangon, Elizabeth Abarquez and Kristella Zampan in the girls division.

In taekwondo, Cebu City and Cebu Province are out to prove that the best jins are from this part of the country.

Philippine Taekwondo Association Region 7 chairman Tony del Prado has high hopes for both teams.

The Cebu Province team is composed of the sparring team led by Arwen Sorross, Wendil Rama, Jayden Guevara, Job Canedo, Lester Parba, Alec Villahermosa, Denison Caneda, Urea Villahermosa, Lord Deguma, Yusuf Bin Mohammad Ali, Royda Ranile, Sharmaine Albarracin, Shiela Lepon, Princess Parba and Kym Guilot. The poomsae team is composed of Quincy Asilo, Shaneen Paran, Crystal Dela Torre, Romeo Reyes III and Johann Concepcion.

Meanwhile, the Cebu City squad has a 21-man roster of Ray Giganto, Jhayson Navaja, Patrick Nacorda, Julia Ybarra, Mary Max, Dandy Sator, Archie Tejas, Ghohan Aquino, Charlotte Aquino, Gavrie Bulibuli, Grainne Bulibuli, Joshua Afar, Vanessa Catubig, Charisse Pasilan and Gabriel Trocio make up the Cebu City sparring team. Cheyena dela Fuente, Kobe Hayrana, Cha Labiste, Aidaine Laxa, Alexander Llenes and Joshua Verdida are the players for the Cebu City poomsae team.

The poomsae event will be on Nov. 29 at the University of San Carlos North Campus, while the sparring competition is from Nov. 30 to Dec. 1 at SM City Cebu.

Grand Land to bring dusitD2 to Cebu


AFTER announcing an unprecedented joint venture with Dusit International as the operator of its Grand Tower Hotel in Cebu City’s North Reclamation Area, Grand Land, Inc. confirmed that a second project is set to join the ranks of Asia’s leading hospitality group.

At a ceremony last month at Dusit Thani Dubai, GLI President Ryan Bernard Go signed a deal with executives from Dusit International to bring a dusitD2 Residence to Cebu.

DusitD2 is Dusit International’s “next generation” hotel brand, catering to the needs and desires of today’s new generation traveler, seeking cutting-edge design, high-tech connectivity and efficient convenience, the company said in a press statement.

As the first branded serviced residences in Cebu City, guests and residents can expect to enjoy Dusit’s signature Thai hospitality with a modern touch.


“Our partnership with Dusit International will hopefully blossom into more projects, as Grand Land is embarking into more tourism-related projects around Cebu. The Dusit hospitality is very similar to our Cebuano hospitality, warm and welcoming,” Go said.

“We wanted to bring an international-branded hotel with exceptional service and aesthetically-designed rooms within the master-planned development to complement the grand experience we want to offer for each guest,” he added.

Grand Land is the residential property arm of the Gaisano Grand Group of companies.

Ryan Chen, Dusit International director for development, also said, “We are pleased to work on our second project with Grand Land within their landmark development, Grand Residences Cebu. Given the pleasant environment and integrated facilities, we believe that dusitD2 Residence Cebu City will enliven both the guests’ and residents’ experience. This vibrant brand is well suited to the exciting growth of Cebu City that seeks to offer quality accommodations in this burgeoning market.”

Located along Gov. M. Cuenco Ave. and close to the city’s business district, Cebu IT Park, and the Cebu Golf and Country Club, the dusitD2 Residences will be situated within GLI’s five-tower condominium development, Grand Residences Cebu.


This 3.2-hectare project, the company said, will be “all about convenience—living in the center of the city and, at the same time, having all the resort amenities for relaxation and family bonding.”

A separate entrance and lobby will lead guests to the 160-unit serviced apartments, which will include an all-day dining restaurant, a gym, swimming pool, and meeting rooms.

150 kids, parents mark global Children’s Month

(Sun.Star Cebu)

SOME 150 children and their parents gathered at the Don Bosco Youth Center in Barangay Pasil, Cebu City for a day of fun and learning in celebration of the Universal Children’s Month.

The gathering was organized by Feed The Children Philippines and participated in by their elementary and high school scholars from the different depressed areas in Cebu City.

The activities include story-telling by Pandoo Foundation, an orientation on first aid by the Philippine Red Cross, and a discussion on “Understanding Money” by the Employee Association of Bangko Sentral ng Pilipinas.

A poster-making contest was also facilitated by Mugna Collective’s Melver Mercado on this year’s theme, “Komunidad at Pamahalaan Magkaisa, Pang Aabuso sa Bata Wakasan Na (Community and Government Unite, Put an End to Child Abuse).”

Comic books

Dunkin Donuts and Julie’s Bakeshop provided refreshments to the participants.

Comic books depicting the role of Bangko Sentral ng Pilipinas in the lives of the Filipinos were also distributed to the children.

A film showing of “Hoy Bata Mahalaga Ka” was also held during the whole-day activity.

The elementary and high school scholars are supported by Feed The Children through its partners Korea Hope Foundation, Feed The Children Japan, Cebu Employee Association of Bangko Sentral ng Pilipinas, Archi Global, Carol Go and the filming crew of Feed The Children Oklahoma.

Work on Cebu City’s Php 10.6-B BRT system to start early 2016


CEBU CITY, Nov. 21 (PNA) -- Actual work on the Php 10.6-billion Bus Rapid Transit (BRT) mass transport system in Cebu City could start in early 2016, an official said.

National Economic Development Authority (Neda) 7 Director Efren Carreon said the original target for the construction was early 2016.

The project is now at the detailed engineering phase which is expected to complete by December 2015.

But Carreon said the completion of the detailed engineering plan might be extended to February 2016.

“I’m still banking that this can start by early 2016,” he said.

The Department of Transportation and Communications Office (DOTC) awarded in April the South Korean consultants, Kunhwa Engineering and Consultancy, the detailed engineering design and supervision contract for the BRT project.

The detailed engineering design will provide the scope of work for the project’s implementation and the procurement of construction services, including infrastructure design.

The 16-kilometer BRT will stretch from N. Bacalso Ave. in Barangay Bulacao to Gov. M. Cuenco Ave. in Barangay Talamban.

It will involve 33 stations with 176 buses and is expected to be operational by 2017.

Once completed, the project is expected to serve an average of more than 300,000 individuals per day.

Account for cash aid, brys. told

By Princess Dawn H. Felicitas

SIXTEEN of the 80 barangays in Cebu City have yet to receive their financial assistance from the City Government for this year.

This is because they failed to account for the previous cash aid given to them by the City in the combined amount of more than P130.1 million.

To help them solve their unliquidated financial assistance in the prior years, Mayor Michael Rama met with the barangay officials yesterday.

The mayor wanted them to submit all their liquidation papers by Dec. 15, so the cash aid will not be reverted to the City’s coffers.

The 16 barangays are Banilad, Capitol Site, Cogon Ramos, Day-as, Kasambagan, Lahug, San Roque and Talamban, Buhisan, Bulacao, Guadalupe, Kinasang-an, Labangon, Tejero, Zapatera and Quiot.

During the meeting, Rama said that some of accounts are “questionable” because these were supposed to be liquidate for the previous administration yet. These barangays include Buhisan, Capitol Site, Day-as, Kasambagan, Lahug and Quiot.

Despite this though, Rama said the City will still help them settle these accounts.

“Padung man gud na sa tawo unya ang mga tawo maoy apektado. Luoy kayo (The money is supposed to be for the barangay constituents and they will be the ones affected),” he said.

Rama said that the City will help even those barangays that are not identified with Team Rama.

“Dili ko motan-aw kon kaatbang ba mo or dili. Para nako, you deserve to receive kay para inyo gud na nga project (It will not matter if you are on the other camp. The projects are intended for you),” he said.


For the past few months, the City has been releasing the aid to the barangays in the amount of P10 million, P8 million, P6 million or P5 million depending on the size of the barangay.

Some of the 16 barangays were not represented in yesterday’s meeting but Rama asked them to attend another meeting set on Dec. 15.

And if the villages will still not be able to account for the previous financial aid, Rama said he will make a final decision on that date.

“Right now, let’s just all work out so they will have a chance to receive it because it belongs to the constituents,” he said.

Rama directed City Administrator Lucelle Mercado yesterday to create a task force that will oversee the liquidation process.

Cebu City Council wants traffic enforcers to nab drivers who won’t give way to pedestrians


CEBU CITY, Nov. 19 (PNA) -- The Cebu City Council has passed a resolution directing the Cebu City Transportation Office (CCTO) to apprehend drivers who won’t stop at pedestrian lanes to give way to the public who are crossing the streets.

The Cebu City Traffic Code imposes on violators of traffic rules and regulations in the city a fine of not less than PHP3,000 but not more than PHP5,000 or imprisonment of not less than six months but not more than one year.

In a privilege speech, Cebu City Councilor Dave Tumulak said many drivers in the city are ignoring the pedestrian lanes.

“There are pedestrians needing special treatment in crossing the city streets, the likes of senior citizens, persons-with-disabilities and pregnant women yet motorists, in most cases, fail to yield to the right-of-way of these pedestrians,” he said.

Tumulak presented to the council several photos showing some drivers of jeepneys, motorcycles, taxis and private vehicles who don’t stop on pedestrian lanes even if there are people crossing.

He said these poses dangers to the public especially students crossing the streets in going to their school.

He cited Article 17, Section 2 of the traffic code which provides that “when traffic control signals are not in place or not in operation and traffic is not being directed, the driver of a vehicle shall yield to the right-of-way, slowing down or stopping if necessary in order to yield, to a pedestrian crossing the roadway within any marked or unmarked crosswalk.”

Tumulak said he has also received complaints that some senior citizens who try to cross the streets are being yelled at by some disrespectful drivers.

Cebu City Hall workers to get year-end bonus


CEBU CITY, Nov. 18 (PNA) -- The Cebu City government’s 5,000 employees of Cebu City Hall will soon get their year-end bonus, an official said.

Cebu City Budget Officer Marietta Gumia said the city government is set to release at least PhP51 million as year-end bonus and cash gifts for regular and casual employees.

Gumia said PhP38 million of the amount will cover the year-end bonus of the employees while PhP12.3 million will cover the payment of the cash gifts.

Gumia said the year-end bonus is equivalent to half of the employee’s monthly salary while the cash gift amounts to PhP2,500 each, which is half of the PhP5,000 cash gift set aside for them for this year.

The other half of the cash gift and the bonus was already released by the city government last May, she said.

The budget covering the bonus and cash gifts are already included under the city’s PhP13.4 billion annual budget this year.

Acting Cebu City Treasurer Diwa Cuevas said they have started processing the payrolls of the employees’ bonuses and cash gifts.

Cebu City Mayor Michael Rama said the money should be received by the employees the soonest time possible.

The employees are also supposed to receive their productivity enhancement incentive (PEI) this year but it has not yet been given since the approval of the proposed PhP2.8 billion first supplemental budget has been stalled due to a court case surrounding its source of fund.

Cebu City, Cordova to publish bid for PHP27-B 3rd Cebu-Mactan bridge on Nov. 18


CEBU CITY, Nov. 17 (PNA) -- The Municipality of Cordova and the Cebu City Government are set to publish in a national daily the invitation to bid for the proposed third bridge linking Cebu mainland and Mactan Island on Wednesday, Nov. 18.

They asked the Metro Pacific Tollways Development Corp. (MPTDC), the original proponent of the eight-kilometer PHP27-billion bridge project, to put up a proposal security bond of PHP279 million, also on Wednesday.

Half of the amount will be payable to Cebu City and the other half to Cordova town.

In a letter to MPTDC dated Nov. 12, joint venture selection committee (JV-SC) head Cebu City Administrator Lucelle Mercado said the PHP279-million security bond, which is one percent of the total project cost, will be for the “financing, design, construction, implementation, operation and maintenance of the toll road.”

The payment of a proposal security is in compliance with Cebu City Ordinance 2154, passed in 2008, which sets guidelines and procedures for entering into a joint venture agreement with private entities.

Mercado said the PHP279 million will be returned to MPTDC if there will be a better proposal from other interested bidders.

A copy of the invitation to bid said interested private sector proponents (PSP) should submit their notarized expression of interest (EOI) to submit comparative proposals on or before Dec. 7 to the office of Mercado and the office of Mary Therese Cho, chairperson of the private-public partnership-selection committee (PPP-SC) of Cordova.

The EOI must contain a statement that the PSP has completed a similar project with a minimum capitalization of PHP10 billion.

The PSP should also show that they have access to a credit facility of at least PHP18 billion and then obtain the bidding documents by paying a non-refundable amount of PHP1 million.

The invitation to bid further states that the EOI must contain an undertaking that the PSP will adhere to ordinances, resolutions, policies, pronouncements and qualification criteria set by the JV-SC and the PPP-SC.

It also provides that they “will not seek and obtain a writ of injunction or prohibition or restraining order against the JV-SC or the awards committee and the PPP-SC, Cebu City Government and Municipality of Cordova and its respective officials to prevent or restrain the competitive challenge process, the award and implementation of project.”

In addition, the EOI should provide that the PSP will not lodge any criminal, civil and/or administrative cases against JV-SC, PPP-SC, Cebu City and Cordova.

Interested bidders will have to submit their comparative proposals 30 days from receipt of the notice of eligibility.

The MPTDC, in return, will be given 10 days from receipt of the notice to exercise its right to match, in case there will be a superior offer.

New Cebu City mall seeks more public transport as it opens on Dec. 10


CEBU CITY, Nov. 16 (PNA) -- The management of Robinson’s Galleria Cebu (RGC), which is set to open on Dec. 10, has asked the Cebu City government to make their mall at the city’s North Reclamation Area (NRA) more accessible to public transportation.

Floramie Vega, regional operations manager of Robinson’s Land Corp., said they wanted public transportation to be more available because their mall would start operating on Dec. 10.

In a letter to the Cebu City Council, Vega asked the city to make RGC as one of the stations for the Bus Rapid Transit (BRT) system, or the high quality public transport system (HQPTS) or the MyBus.

They also want additional routes for public utility jeepneys (PUJ) to the mall.

Aside from the RGC, Robinson’s Land Corp. is also building a hotel which is set to start operating on the first quarter of 2017.

The complex also includes condominium units which are expected to be completed in 2019.

Vega said the mall alone was expected to generate 50,000 in “foot traffic” daily, with a work force of around 6,000.

“The state of the existing public transportation in the area becomes a critical concern,” she said.

Vega said there were now only nine PUJ routes that had direct access to RGC, which mostly comes from Barangay Labangon and Urgello St. in the south district of Cebu City and Mandaue City.

There are also only five PUJ routes that pass near RGC which come from Barangay Bulacao and Urgello in the south district and Mandaue City and Consolacion in the north of Cebu.

Vega said barangays with bigger population, which are located at the center of the city, such as Lahug, Capitol Site and Guadalupe, as well as the north district barangays of Banilad and Talamban, had no transportation link to RGC.

Council eyes P15T cash aid for seniors

By May B. Miasco / FPL (The Freeman)

CEBU, Philippines – The Cebu City Council is eyeing to give additional P3,000 in the annual cash assistance to qualified senior citizens but the proposal is opposed by Mayor Michael Rama.

The council through a resolution sponsored by Councilor Sisinio Andales asked the city treasurer and the budget officer to study the possibility of increasing the annual cash assistance to P15,000. Qualified senior citizens are receiving a total of P12,000 annually, which is given on a staggered basis.

" request the Cebu City Treasurer's Office and the Cebu City Budget Office to study and make recommendations, as soon as possible, on the possibility of increasing the financial assistance from P12,000 to P15,000 annually for qualified senior citizens in the city," the resolution read.

Andales backed his proposal with Section 458 of the Local Government Code which states that the City Council shall "approve resolutions which shall ensure the efficient and effective delivery of the basic services... Provide for the care of the aged."

The city government is allocating at least P720 million every year for the 60,000 qualified beneficiaries.

"Let them enjoy on their twilight stages in life. Let us care and love them," said Andales, who is a senior citizen himself.

As the elderly individuals have been asking for the increase, he stressed the need to increase the annual cash assistance "to at least alleviate the growing needs of each senior citizen in Cebu City."

"Senior citizens benefited much from the financial assistance, however, there are some necessary expenses which a senior citizen ought to avail or have for their health and comfort," he said.

Andales explained that the P1,000 per month from the P12,000 annual aid is "small for the needs of the senior citizens" while the prime commodities in the city kept on increasing.

Further, he said the city government can possibly support the increase since it has already "huge money" from the proceeds of the sale of the South Road Property lots.

Rama described Andales' move to be politically motivated. The mayor challenged the proponent to instead open the deliberation of the Supplemental Budget 1.

"Ayaw nalang ta, maybe he's losing votes from the seniors that's why he's proposing that. He wants to have something in return," said Rama.

"I already made a position on that matter. It's politics. Why don't they tackle first the SB-1. There's another responsibility and they keep on insisting that. That, it's been clear that they are being political. I-discuss sa na nila ang SB-1 uy kaysa seniors kay sige man ta og hatag," he added.

DTI holds seminar for cacao industry


WITH the growing demand for the raw material and its potential for job creation, the Department of Trade and Industry is supporting the revitalization of the local cacao Industry.

On Nov. 17, the DTI will hold a Cacao Industry Techno-Investment Forum from 9 a.m to 4:30 p.m. at the Cebu Grand Hotel, Cebu City.

Topics for discussion include sharing of industry updates, the National Cacao Industry Roadmap, investment opportunities in the global and domestic market, government interventions in support of the industry, experiences of the private sector with regards to intercropping, and basics of cacao production.


The country is well placed to supply the world with the chocolate it needs. The Philippines in general is a good place to grow cacao because it is on the Equator, the only part of the world where cacao can grow, DTI says.

The department believes that with the country’s perfect climate and soil conditions for cacao cultivation, not to mention a ready global market, the Philippines’ potential stands to benefit many growers, retailers and chocolate makers.

Right now, Mindanao accounts for around 90 percent of the Philippine cacao production. Davao Region is the biggest local player, producing 78 percent of the country’s total production, according to the Philippine Statistics Authority - Bureau of Agricultural Statistics.

Though the country’s contribution to the global market is miniscule, the Philippines is already exporting cacao to the United States, Singapore, New Zealand and Europe.

For more information on the forum, contact DTI Cebu at (032) 253-2631 local 204 or 0928-7825092.

DOLE lauds Cebu City for help on JobStart

By Mitchelle L. Palaubsanon / ATO (The Freeman)

CEBU, Philippines - The Department of Labor has commended the Cebu City government for committing to help expand the coverage of the agency’s newest full-cycle employment facilitation program, JobStart.

DOLE Secretary Rosalinda Dimapilis-Baldoz acknowledged the Cebu City government which committed to help in the rollout of JobStart in order to include other local government units and Public Employment Service Offices in the city and the province.

“This is, indeed, good news about JobStart. It means more Filipino youth Filipinos could benefit from the program,” Baldoz said, after she received a report from the Bureau of Local Employment, JobStart program implementer, on the successful employers’ forum and media launch of JobStart in Cebu City.

In her report, BLE Director Dominique Tutay said 58 of Cebu City’s biggest employers attended the employers’ forum where the BLE and its local government unit partner, Department of Manpower Development and Placement, outlined the specifics of the JobStart Philippines Program.

JobStart Philippines is a program under President Benigno Aquino III’s administration which hopes to address the job-skill matching and youth employment challenge in the country.

The first of its kind in Southeast Asia, JobStart borrows good practices in full-cycle employment facilitation service from Kenya, Chile, and the United Kingdom. Freeman ( Article MRec ), pagematch: 1, sectionmatch:

It was pilot-tested in four local government units in Luzon, with funding support from the government of Canada and technical assistance from the Asian Development Bank.

Given the positive feedback from both the employers and JobStart youth beneficiaries during the mid-term review, DOLE decided to scale up the program in the pilot areas and roll it in 10 additional LGUs covering Visayas and Mindanao, including Cebu City.

JobStart is a career coaching and skills training program intended to help young people jumpstart their careers by creating opportunities to improve their technical skills and develop the life skills necessary for success in today’s competitive workplace through partnerships with employers.

In a statement, Baldoz said the program’s full-cycle employment facilitation service is a systematic approach in assisting young jobseekers from planning their career paths all the way to acquiring the best-fit jobs.

Under JobStart, a parti-cipant is assessed for his or her job readiness and then provided with a 10-day intensive life skills training designed to holistically hone his or her attitude and behavioral skills and transform him or her into a person well-prepared to face the challenges of the world of work.

The labor secretary said that the completion of career guidance and life skills training enables the participant to be job-matched with a partner employer for the technical training of up to three months and application of learning through internship program for another three months in a workplace environment.

Baldoz said that with JobStart, the government hopes to make a dent in youth unemployment, which remains a pressing, continuing challenge, noting that almost half of the Philippines’ unemployed are young Filipinos aged 15 to 24 years old.

Baldoz further said that youth unemployment rate is still more than twice the national rate. One of the root causes of youth unemployment is reportedly the lack of relative experience and skills among young jobseekers, and JobStart seeks to address that problem.

Mayor switches on PHP24.4-M power project for 25 sub-villages in upland Cebu City villages


CEBU CITY, Nov. 12 (PNA) -- Cebu City Mayor Michael Rama Wednesday switched on the PHP24.4-million rural electrification project for 25 sitios or sub-villages in four hinterland barangays in the city.

These sub-villages, located in Barangays Kalunasan, Lusaran, Sinsin and Buhisan, have no electrical connection in the last 50 years.

“Let there be light!” Rama said during the ceremonial switch-on at the Cebu City Social Hall witnessed by some of the beneficiaries, who said they have been waiting for this for 50 years.

Rama, who approved the project based on the recommendation of the barangay officials, said residents in these villages are happy because they can now do some chores at night.

“This electrification project will surely improve the life of the poor people, especially that we already concreted most of the roads in the mountain barangays. Now that there are Veco posts in these areas, the streetlights will follow,” said Rama.

Lawyer Jill Verallo, head of the Visayan Electric Company (Veco) Reputation Enhancement Department, said that 527 households are expected to benefit from the rural electrification project in Cebu.

Department of Energy (DOE) Visayas Director Antonio Labios said the electrification project is funded under Energy Regulations 1-94, the implementing rules and regulations of the Electric Power Industry Reform Act.

Labios said the law requires all power generators or power producers to set aside one centavo of their gross income for the host municipalities, cities, provinces and Regional Development Councils (RDCs).

The proceeds from this will be used to provide basic services, such as electricity and other development projects, to the Filipino people to uplift their lives and bring equitable benefits to host communities.

Labios said the DOE received the funds and turned these over to Veco, which implemented the project.

Cebu City revenue collection exceeds by PHP2.49B this year's budget


CEBU CITY, Nov. 11 (PNA) -- The Cebu City government’s revenue collection has already exceeded by PHP2.49 billion this year’s annual budget of PHP10.3 billion, an official said.

Cebu City Treasurer Diwa Cuevas said the city has a total revenue collection of PHP12.79 billion as of November 8, PHP2.49 billion more than the city’s P10.3-billion annual budget this year.

The city’s approved budget this year is supposedly PHP13.4 billion, but Cuevas said they did not include the PHP3.1 billion for “domestic borrowings” as one of its sources of funds.

The PHP3.1 billion is supposed to support another expense, which is the payment of the PHP2.4-billion loan balance for the South Road Properties (SRP) with the Japan International Cooperation Agency (JICA).

The city, however, decided to pay off the loan using the more than PHP8.3 billion it earned when it sold 45.2 hectares in the SRP.

The PHP8.3-billion down payment from the three winning bidders of the property made up the city’s biggest collection, Cuevas said.

Aside from that, Cuevas said the city collected more than PHP1.7 billion from business tax and other receipts, more than PHP734 million from real property taxes, PHP47.89 million from regulatory fees and PHP134.14 million from receipts in economic enterprises.

The city also got PHP1.28 billion as its Internal Revenue Allotment share from the National Government.

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