Davao City ranks 9th place in the Richest City in the Philippines

SDCP Biznes | Economy

Abreeza CBD by Ayala Land 
as of 2018 | Photo courtesy of Mark Perandos

DAVAO CITY, Philippines
— For the 2nd time, Davao City made it to the top 10 Richest City in the Philippines. President Rodrigo Duterte's hometown Davao City ranks 9th place of the Richest City according to COA 2017 Annual Financial Report.  In the previous report, Davao City  rank 10th place. It has a  total assets of P13.18 billion from P8.9 billion in last year report for 2016.

The richest city is still Makati with P196 billion in total assets. It is followed by Quezon City with P68.33 billion and Manila with P38.67 billion.

In the same report, COA said Cebu City is the fourth richest city in the country, also in 2017, with P33.86 billion in assets. Its current assets are worth P23.73 billion while its non-current assets are worth P10.12 billion.

The other cities that made it to the Top 10 are Pasig with P33.7 billion, Taguig with P19.64 billion, Caloocan with P17 billion, Pasay with P16.6 billion, Davao with P13.18 billion, and Calamba with P12.41 billion.


The complete list of COA's 2017 Annual Financial Report for Richest City in the Philippines

1. Makati City with P196 billion
2. Quezon City with P68.33 billion  
3. Manila with P38.67 billion
4. Cebu City with P33.86 billion
5. Pasig City with P33.7 billion
6. Taguig City with P19.64 billion 
7. Caloocan City with P17 billion
8. Pasay City with P16.6 billion
9. Davao City with P13.18 billion
10. Calamba City with P12.41 billion

Davao City dislodges Makati in 'Most Competitive' List

Photo (ctto)

Davao City has bumped off Makati City from the top three spots among the country’s most competitive highly urbanized cities (HUC), according to the Cities and Municipalities Competitiveness Index. President Rodrigo Duterte’s home turf placed third behind Quezon City, also the 2016 top notcher, and Manila in the annual rankings developed by the National Competitiveness Committee (NCC) with technical assistance from the United States Agency for International Development. In announcing its 2017 selections on Wednesday, the NCC said Davao fared better than perennial top-three city Makati based on the overall competitiveness scores. The index is the sum of the scores in economic dynamism, government efficiency and infrastructure.

Meanwhile, Antipolo City topped the competitiveness index for component cities, followed by Naga City and Tagum City in Davao del Norte. Three Rizal towns occupied the top three among the most competitive first and second class municipalities, with Cainta placing first followed by Taytay and Angono. Rizal is the overall most competitive province in the 2017 index, followed by South Cotabato and Cavite in that order.

source: Philippine Daily Inquirer

Rody Duterte in the eyes of a Manileño as commented on forums.

Duterte and Binay have been local chief executives for long, and have children in public office. Both began their political careers after EDSA ‘86, and both of them won their first elections in 1988. Both served under five Presidents since, and both have led local governments. Both have never lost an election.

The comparison, however, ends there. Duterte has the distinction of having served as a Congressman in the House of Representatives, while Binay has not one day of service in either the lower house or the Senate. Binay, however, served in the Aquino cabinet and was one time chairman of the Metro Manila Development Authority. On this note, Duterte surpasses Binay due to the former’s legislative experience.

A look at Binay’s Makati and Duterte’s Davao shows us a larger backdrop in comparing the two. Binay’s supposed success in Makati is clearly the result of having inherited it as the financial center of the country upon his assumption into office. He has just allowed it to continue. It cannot grow any further as a city. Duterte’s Davao, on the other hand, is a Southeast Asian success story almost similar to the rise of Singapore under Lee Kuan Yew. Both Davao and Singapore rose from violence and dirt into the clean and safe cities they are today.

Regarding current challenges, Makati sees no need to produce food or ensure steady water supply, and to my knowledge, has no rebel fronts, NPA kutas or other forms of insurgency. There are no fisherfolk or lumads claiming ancestral domains. I wonder if Makati has a City Agriculture Office? As Makati Mayor and MMDA Chair, Binay has never had to deal with NPA rebels or other insurgents, and never felt the pressure to ensure stable food and water supply for his constituents. Davao, on the other hand, has 244,000 hectares in its territory, and almost 2 million residents compared to Makati’s half-million population in a dense 21 square kilometers or 2,157 hectares. Davao City is half the size and 3 times the population of Brunei Darussalam and a third the size of East Timor. It has the world’s largest Chinatown and is host to a kaleidoscope of cultures and faiths unseen in the rest of the country.

Davao can feed, water and clothe itself with the coming 200 plus megawatts of power coming from hydroelectric power and other sources, and has a deep water port and an international airport with coming upgrades through which direct trade with neighboring countries can take place. Davao is virtually a self-supporting country where almost a hundred Makatis can fit!

Having limited experience, Metro Manila mayors like Binay are relegated to ensuring proper garbage collection (a task which many even fail to achieve), street lighting and beautification, and free entertainment every election day, everything else that gives life to its constituents is up to MMDA and Malacañang.
Binay never had to deal with peace negotiations and release of captives from the hands of rebels. Duterte’s history, on the other hand, is filled with the successful negotiation of released captives.


check the source here

SDCP Politics | VP BINAY'S NUMBERS PLUMMET AND THE PRESIDENCY IS NOW A MIRAGE

The blunders of Jojo Binay
By Manny Piñol


Jesus Jose Maria Binay is the ultimate politician.
He befriends everybody, visits the wake of almost all dead people even those he does not personally know, rides on popular issues, reaches out to people identified with his political adversaries and most of all, he has expertly played the "poor versus rich" card to get the sympathy of the hoi polloi.
Shortly after the 2010 presidential elections, when Binay came from virtually nowhere to defeat frontrunner Mar Roxas III and become the vice president to Benigno S. Aquino III, he immediately positioned himself for the presidency.
True to his color as an astute politician, he immediately reached out to people who worked for his main political adversary.

I was one of those invited to the Coconut Palace through the intercession of a common friend, businessman and horseracing enthusiast Hermie Esguerra.
Of course, Binay knew that I campaigned for Mar Roxas and while I lost in the 2010 elections for the governorship of North Cotabato, he and his people knew that I have a sizable number of loyal supporters who believed in my governance and who could neither be swayed by money, rice and goodies nor cowed by threats and intimidation.

I knew Jojo Binay from way back since my journalism days to the period when I was in politics where we were brought together by another common friend, former President Joseph Estrada.
But it was only when I called on him in the Coconut Palace along with my brothers Mayor Lito of M'lang and Mayor Efren of Magpet when I realized how warm Jojo Binay was as a person.
Holding my hand like we were long lost friends, Jojo Binay told me: "O, sa susunod ha, tayo na ang magsama." (Hey, next time, the two of us should be together.)
I found it easy to like Jojo Binay.

He was so unlike Mar Roxas who could sometimes be very abrasive, irascible and incapable of showing warmth to people around him.
Mar's character though is understandable having grown up in an environment where as a super rich kid everybody around him was either a servant or a driver.
I was deeply impressed by Jojo Binay's warmth, which whether real or feigned, made people around him feel comfortable.

It was during that meeting, which was followed by many other encounters later, when I told Jojo Binay that he was a cinch to be the next President of the Philippines if only he could avoid committing a political blunder.

"Wala naman sigurong delikado na magka-blunder tayo kasi hindi naman controversial ang hawak kong position," he told me obviously referring to his being the housing Czar of the Aquino administration.
But there is a saying "When things are bound to go wrong, they will go wrong." The blunders that Jojo Binay tried hard to avoid started to unfold for people to see.

There was a video of his vehicles convoy crossing a street on a red light which he later justified by saying he was late for an appointment. Then, there was the Dasmarinas gate scandal where he publicly defended his son, Makati Mayor Junjun Binay even when the latter displayed high-handed and arrogant behavior towards the lowly subdivision guards.

Now, he and his family are committing another major mistake by snubbing the Senate investigation which leads some people to ask: "If they can make a travesty of institutional processes now, how much more if he becomes President?"

The biggest blunder committed by Vice President Binay, however, was declaring that he was coveting the Presidency even before the dust of the 2010 elections could settle down.
He allowed himself to become fair game and open target to people who do not like him to become President or who would like other people to be President.

What makes things worse for Vice President Binay is the fact that while he may have tried hard to avoid committing blunders as he prepares for the presidency, he obviously committed a lot of them when he was still Mayor of Makati.

His past blunders include being too trusting to people around him, including his former Vice Mayor Ernesto Mercado who along with other key Binay henchmen is now exposing alleged corruption and anomalies in the Makati City Hall during the time Jojo Binay was Mayor up to the period when his wife, Dr. Elenita, and son, Junjun, took over the city hall.

Another blunder was reneging on his commitment to Mercado to support the latter's bid for the mayorship of Makati, a reason perhaps for Mercado to spill the beans on his former boss.
Vice President Binay may have deftly avoided major political blunders during his incumbency as the second highest official of the country but his biggest problem is the past.
Indeed, Jojo Binay can avoid blunders but he cannot erase and run away from the ones he committed in the past.

source:  Facebook Page: Manny Piñol

Top Ten Most Competetive Cities in the country by NCC

MAKATI, CAGAYAN DE ORO, NAGA, DAVAO AND MARIKINA CITY  are among the top 5 cities in the Top ten most competitive cities in the country, data compiled by the National Competitiveness Council (NCC) showed.

Davao City Skyline as of  Sep. 2011 courtesy of Photophile in Panoramio

DAVAO CITY, Philippines
-- The second Cities and Municipalities Competitiveness Index showed cities in Metro Manila, as well as large metropolises like Cebu and Davao, faring better in the rankings when compared to last year, when the index was topped by cities and municipalities in the provinces.

This year’s index ranked 136 cities and 399 municipalities based on 28 indicators in the areas of economic dynamism, government efficiency, and infrastructure, with 100 as the highest possible score. The scores were analyzed by regional committees, culled from data provided by local government units.

Last year’s pilot index included 122 cities and 163 municipalities, which were assessed based on 30 indicators.

Makati City topped this year’s ranking of cities with an overall score of 53.24 points. Cagayan de Oro City, last year’s most competitive city, followed with a score of 49.36. Naga City placed third with 49.08.

The cities of Davao and Marikina placed fourth and fifth, respectively, scoring 47.72 and 45.47. Iloilo City came next with 45.00, followed by Cebu with 43.69, Manila with 43.15, Valenzuela with 43.02, and Paranaque with 42.70.

Last year, nine out of the top ten cities in the index were those in provinces. After first-placer Cagayan de Oro came the cities of Iloilo, San Fernando in Pampanga, Butuan, Bacolod, Koronadal, San Fernando in La Union, Olongapo, and Naga. Marikina City, last year’s tenth-placer, was the sole Metro Manila city in the top 10.

“One thing we noticed between last year and this year is that the completion rates, the coverage rates for both cities and municipalities have improved significantly from year to year,” NCC Co-Chairman Guillermo M. Luz said yesterday.

Meanwhile, for this year’s municipalities ranking, Daet, Camarines Norte named as the most competitive, with an overall score of 43.24.

Following Daet were General Trias, Cavite with 42.50; Kalibo, Aklan, 42.17; Carmona, Cavite, 41.79; and Nabunturan, Compostela Valley, 41.11. Municipalities placing sixth to tenth were Lubao, Pampanga, 40.10; Isulan, Sultan Kudarat, 38.88; Polomolok, South Cotabato, 38.84; Manolo Fortich, Bukidnon, 38.36; and Taytay, Rizal with 38.05, respectively.

Last year, the top 10 municipalities were, respectively: San Francisco in Agusan del Sur; Guagua, Pampanga; Carmona, Cavite; Daet, Camarines Norte; General Trias, Cavite; Guimba, Nueva Ecija; Mexico, Pampanga; Surallah, South Cotabato; Taytay, Rizal; and Prosperidad, Agusan del Sur.

Indicators for this index included business registrations, money in circulation, number of jobs created, inflation, transparency, share of taxes and savings to local government revenue, percentage of households with connections to utilities, number of cell sites and automated teller machines, as well as the number of hotel rooms and restaurant seats.

Socioeconomic Planning chief Arsenio M. Balisacan stressed the importance of the ranking initiative, as investors can pinpoint which localities have a high potential for growth.

“On the part of government, establishing a local competitiveness indicator system would help in channeling resources to areas where these are most needed,” Mr. Balisacan said.

“This will support our development goal of reducing multidimensional poverty and creating massive quality employment.”


source: BusinessWorldonline