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Ormoc City
Ormoc (IPA: oɾˈmok, officially the City of Ormoc ( ceb, Dakbayan sa Ormoc; war, Syudad han Ormoc; fil, Lungsod ng Ormoc), is a 1st class independent component city in the Eastern Visayas region of the Philippines. According to the 2020 census, it has a population of 230,998 inhabitants, making it the second most-populous city in the province of Leyte after the provincial capital of Tacloban. Ormoc is the economic, cultural, commercial and transportation hub of western Leyte. Ormoc is an independent component city, not subject to regulation from the Provincial Government of Leyte. However, the city is part of the 4th Congressional District of Leyte together with Albuera, Kananga, Merida, Palompon and Isabel, and statistically grouped under the province by the Philippine Statistics Authority. On November 8, 2013, the city was extensively damaged by Super Typhoon Yolanda (Haiyan), having previously suffered severe destruction and loss of life in 1991 from torrential flo ...
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Ormoc Bay
Ormoc Bay is a large bay in the island of Leyte in the Philippines. The bay is an extension of the Camotes Sea. The city of Ormoc lies at the head of the bay and exports rice, copra and sugar. The World War II Battle of Ormoc Bay took place from November 11 until mid-December in Ormoc Bay during late 1944. It consisted of a series of almost daily destroyer skirmishes and air battles. It was decisive in determining the final outcome of the Battle of Leyte A battle is an occurrence of combat in warfare between opposing military units of any number or size. A war usually consists of multiple battles. In general, a battle is a military engagement that is well defined in duration, area, and force .... The city of Ormoc was mostly destroyed during the battle and the current city is built on its ruins. External links * Bays of the Philippines Landforms of Leyte (province) Ormoc {{Philippines-geo-stub ...
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Philippine General Election, {{PH Wikidata
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ...
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Crime Index
Crime statistics refer to systematic, quantitative results about crime, as opposed to crime news or anecdotes. Notably, crime statistics can be the result of two rather different processes: * scientific research, such as criminological studies, victimisation surveys; * official figures, such as published by the police, prosecution, courts, and prisons. However, in their research, criminologists often draw on official figures as well. Methods There are several methods for the measuring of crime. Public surveys are occasionally conducted to estimate the amount of crime that has not been reported to police. Such surveys are usually more reliable for assessing trends. However, they also have their limitations and generally don't procure statistics useful for local crime prevention, often ignore offenses against children and do not count offenders brought before the criminal justice system. Law enforcement agencies in some countries offer compilations of statistics for various types ...
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Languages Of The Philippines
There are some 120 to 187 languages spoken in the Philippines, depending on the method of classification. Almost all are Malayo-Polynesian languages native to the archipelago. A number of Spanish-influenced creole varieties generally called Chavacano are also spoken in certain communities. The 1987 constitution designates Filipino, a standardized version of Tagalog, as the national language and an official language along with English. Filipino is regulated by Komisyon sa Wikang Filipino and serves as a '' lingua franca'' used by Filipinos of various ethnolinguistic backgrounds. On October 30, 2018, President Rodrigo Duterte signed into law Republic Act 11106, which declares Filipino Sign Language or FSL to be the country's official sign language and as the Philippine government's official language in communicating with the Filipino Deaf. While Filipino is used for communication across the country's diverse linguistic groups and in popular culture, the government operat ...
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List Of Electric Distribution Utilities In The Philippines
This is a complete list of electric utilities in the Philippines. There are 152 electric utilities in the country. List See also * List of companies of the Philippines * List of power plants in the Philippines Notes References External links Distribution Utility (DU) Profile {{Authority control Electric Philippines Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...
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Liability (financial Accounting)
In financial accounting, a liability is defined as the future sacrifices of economic benefits that the entity is ''obliged'' to make to other entities as a result of past transactions or other ''past'' events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future. Characteristics A liability is defined by the following characteristics: * Any type of borrowing from persons or banks for improving a business or personal income that is payable during short or long time; * A duty or responsibility to others that entails settlement by future transfer or use of assets, provision of services, or other transaction yielding an economic benefit, at a specified or determinable date, on occurrence of a specified event, or on demand; * A duty or responsibility that obligates the entity to another, leaving it little or no discretion to avoid settlement; and, * A transaction or event obligating the entity t ...
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Expenditure
An expense is an item requiring an outflow of money, or any form of fortune in general, to another person or group as payment for an item, service, or other category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture, or an automobile is often referred to as an expense. An expense is a cost that is "paid" or " remitted", usually in exchange for something of value. Something that seems to cost a great deal is "expensive". Something that seems to cost little is "inexpensive". "Expenses of the table" are expenses for dining, refreshments, a feast, etc. In accounting, ''expense'' is any specific outflow of cash or other valuable assets from a person or company to another person or company. This outflow is generally one side of a trade for products or services that have equal or better current or future value to the buyer than to the seller. Technically, an expense is an event in which a proprietary stake is ...
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Internal Revenue Allotment
The Internal Revenue Allotment (IRA) is a local government unit’s (LGU) share of revenues from the Philippine national government. Provinces, independent cities, component cities, municipalities, and barangays each get a separate allotment. The allotment is largely based upon the type of government they are and a formula based upon their land area and population. Section 284 of the Local Government Code of the Philippines (RA 7160) sets up the formula for the distribution of the allotment. All or nearly all of the revenue that a local government has to spend comes from their IRA, though some local governments also have additional local sources of revenue such as property taxes and government fees. Typically for municipalities, the IRA accounts for 90% of total revenues. Since cities have more sources of local revenues, their IRA ranges from 50% to 70% of their total budget. A portion of each local government unit's allotment is set aside their Sangguniang Kabataan ...
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Asset
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. Assets can be grouped into two major classes: tangible assets and intangible assets. Tangible assets contain various subclasses, ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees. This definition is based on IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, in the balance statement, revenue is a subsection of the Equity section and revenue increases equity, it is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income (gross revenues minus total expenses). In general usage, revenue is the total amount of income b ...
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Measuring Poverty
Poverty is measured in different ways by different bodies, both governmental and nongovernmental. Measurements can be absolute, which references a single standard, or relative, which is dependent on context. Poverty is widely understood to be multidimensional, comprising social, natural and economic factors situated within wider socio-political processes. The capabilities approach argues that capturing the perceptions of poor people is fundamental to understanding poverty. The main poverty line used in the OECD and the European Union is a relative poverty measure based on 60% of the median household income. The United States uses an absolute poverty measure based on the U.S. Department of Agriculture's "economy food plan", adjusted for inflation. The World Bank also defines poverty in absolute terms. It defines '' extreme poverty'' as living on less than US$1.90 per day. ( PPP), and ''moderate poverty'' as less than $3.10 a day. It has been estimated that in 2008, 1.4 bill ...
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Economy Of The Philippines
The economy of the Philippines is the world's 32nd largest economy by nominal GDP according to the International Monetary Fund 2021 and the 12th largest economy in Asia, and the 3rd largest economy in the ASEAN after Indonesia and Thailand. The Philippines is one of the fastest-growing emerging markets, and the 3rd highest economy in Southeast Asia by nominal GDP, following Thailand and Indonesia. The Philippines is considered a newly industrialized country, which has an economy in transition from one based on agriculture to one based more on services and manufacturing. As of 2021, its GDP by purchasing power parity was estimated at $1.47 trillion, the 18th largest in the world. The country's primary exports include semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits. Its major trading partners include Japan, China, the United States, Singapore, South Korea, the Netherlands, Hong Kong, Ge ...
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