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Meycauayan
Meycauayan , officially the City of Meycauayan (), is a 1st class component city in the province of Bulacan, Philippines. According to the 2020 census, it has a population of 225,673 people. The place got its name from the Tagalog words ''may kawayan'' which is literally translated to English as ''there is bamboo''. It was formerly known as ''Mecabayan'' , a Kapampangan name, and alternatively as ''Meycawayan''. History During the Spanish colonization of the country, the town of Meycauayan was established as a settlement by a group of Spanish priests belonging to the Franciscan Order. In 1578, its early inhabitants came into contact with Christianity. In that same year, Father Juan de Placencia and Diego Oropesa built the first church structure, which was believed to be made of nipa and bamboo. Common to all Spanish settlements in that period was the adoption of a patron saint for the newly opened town. Meycauayan has St. Francis of Assisi as the Patron Saint. It was onl ...
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Henry Villarica
Henry Resurreccion Villarica (born August 5, 1945), also known as Atorni Henry, is a Filipino lawyer, businessman, and politician who is currently serving as City Mayor of Meycauayan. He previously served as Mayor from 2016 until 2019, and served as the member of the Philippine House of Representatives from the 4th District of Bulacan from 2019 until 2022. He is also the president of Villarica Pawnshop, which was founded by his parents. Early life and education Henry Villarica was born on August 5, 1945, in Meycauayan, Bulacan. He is the son of Quirino Villarica and Paz Resurreccion Villarica. His mother was a councilor of then-municipality of Meycauayan. His parents founded Villarica Pawnshop in 1954. Its first branch was set up in Manila. After the death of his mother, Villarica was assisted by his wife, Linabelle Villarica, in opening a second outlet in Makati in 1982, which is called Tiffany House of Jewels. The pawnshop is expanding in the rest of the country. Villarica ...
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Cities Of The Philippines
A city ( or ) is one of the units of local government in the Philippines. All Philippine cities are chartered cities (Filipino: ), whose existence as corporate and administrative entities is governed by their own specific municipal charters in addition to the Local Government Code of 1991, which specifies their administrative structure and powers. As of July 8, 2023, there are 149 cities. A city is entitled to at least one representative in the House of Representatives of the Philippines, House of Representatives if its population reaches 250,000. Cities are allowed to use a common seal. As corporate entities, cities have the power to take, purchase, receive, hold, lease, convey, and dispose of real and personal property for their general interests; condemn private property for public use (eminent domain); contract and be contracted with; sue; and exercise all powers conferred on them by Congress. Only an List of Philippine laws, act of Congress can create or amend a city charter ...
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Linabelle Villarica
Linabelle Ruth Ramos Villarica (born July 25, 1949) is a Filipino politician who currently serves as the member of the House of Representatives (Philippines), House of Representatives from the Legislative districts of Bulacan, 4th District of Bulacan since 2022 and previously from 2010 to 2019. She previously served as mayor of Meycauayan from 2019 to 2022. Early life and education Linabelle Villarica was born on July 25, 1949, in Espiritu (now Banna, Ilocos Norte, Banna), Ilocos Norte. She graduated at the University of the Philippines Diliman with a course of Bachelor of Arts in speech and drama. Political career Congresswoman for the 4th District (2010–2019) Villarica served as the member of the House of Representatives (Philippines), House of Representatives from the Legislative districts of Bulacan#4th District, 4th District for nine years. She filed many house bills, including House Bill 4113 (100-Day Maternity Leave Bill). She served three terms in the House and also for ...
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Sangguniang Panlungsod
The Sangguniang Panlungsod (SP) is the local legislature, legislative body of a Philippine city, city government in the Philippines. The name of the legislative body comes from the Filipino language, Filipino words "''sanggunian''" ("council") – ultimately from the root word "''sangguni''" ("to consult") – both of Tagalog language, Tagalog origins, with the latter word also of Kapampangan language, Kapampangan and Old Tagalog origins, and "''lungsod''" ("city") of both Tagalog language, Tagalog ("lungsod" = "city") – but ultimately Visayan language, Bisayan ("lungsod" = town or municipality) – origins; "city council" is therefore often used as an equivalent term in English language, English or Philippine English. Members of the city council are referred to as "''kagawad''"; while in mostly but not only predominantly Bisayan-speaking cities, they are called "''konsehal''" (masc.) and "''konsehala''" (fem.), or "''sehal''". The Local Government Code of 1991 governs the compo ...
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Meralco
The Manila Electric Company, also known as Meralco (, , stylized in uppercase), is an electric power distribution company in the Philippines. It is Metro Manila's only electric power distributor and holds the power distribution franchise for 39 cities and 72 municipalities, including the whole of Metro Manila and the exurbs that form Mega Manila. The name "Meralco" is an acronym for Manila Electric Railroad and Light Company, which was the company's official name until 1919. History La Electricista Organized in 1891 and beginning operations in late 1900, La Electricista was the first electric company to provide electricity to Manila towards the close of the History of the Philippines (1521-1898), Spanish era. La Electricista had built a central power plant on Calle San Sebastian (now Hidalgo Street) in Quiapo, Manila. On January 17, 1895, its streetlights were turned on for the first time and by 1903, it had about 3,000 electric light customers. Founding of the Manila "Electr ...
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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 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 a poverty measure based on pre-tax income and the U.S. Department of Agriculture's "economy food plan" by which 11% of Americans are living in poverty, but this is disputed. The World Bank Group, World Bank defines poverty in absolute terms. It defines ''extreme poverty'' as living on less than US$1.90 per day. (Purchasing power parity, PPP), and ''moderate poverty'' as less than $3.10 a day. It has been estimated that in 2008, 1.4 billion people had consumption l ...
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List Of ZIP Codes In The Philippines
In the Philippines, a ZIP code is used by the Philippine Postal Corporation (PhlPost) to simplify the distribution of mail. While its function similar with the ZIP Codes used in the United States, its form and usage are quite different. Its use is not mandatory but highly recommended by the PhlPost. A ZIP code is composed of a four-digit number representing a locality. Usually, more than one code is issued for areas within Metro Manila, and a single code for each municipality and each city in provinces, with exceptions such as: * Davao City with eleven ZIP codes (8000, 8016 to 8026); * Antipolo with six ZIP codes (1870 to 1875); * Calamba ( Laguna), Cavite City, Dasmariñas, Mabalacat, Mariveles, and the Island Garden City of Samal with three ZIP codes each; and * Angeles City, Bacoor, Baguio Baguio ( , , ), officially the City of Baguio (; ; ), is a Cities of the Philippines#Legal classification, highly urbanized city in the Cordillera Administrative Region, ...
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Economy Of The Philippines
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. In 2025, the Philippine economy is estimated to be at ₱28.50 trillion ($497.5 billion), making it the world's List of countries by GDP (nominal), 32nd largest by nominal GDP and Economy of Asia, 9th largest in Asia according to the International Monetary Fund. The Philippine economy is a service-oriented economy, with relatively more modest contributions from the manufacturing and agriculture sectors. It has experienced significant economic growth and transformation in the past, posting one of the highest GDP growth rates in Asia. With an average annual growth rate of around 6 percent since 2010, the country has emerged as one of the fastest-growing economies in the world. The Philippines is a founding member of the United Nations, Association of Southeast Asian Nations, Asia-Pacific Economic Cooperation, East Asia Summit and the World Trade Organ ...
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Assets
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. ''Total assets'' can also be called the ''balance sheet total''. Assets can be grouped into two major classes: tangible assets and i ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of product (business), goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some company, companies receive revenue from interest, royalties, or other fees. This definition is based on International Accounting Standard, 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". Profit (accounting), Profits or net income generally imply total revenue minus total expenses in a given period. In accountancy, accounting, revenue is a subsection of the equity section of the balance statement, since it increases equity. It is often referred to as the "top line" due to its position at the very top of the income statement. This is to be contrasted with the "bottom line" which denotes net income (gross reve ...
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Household
A household consists of one or more persons who live in the same dwelling. It may be of a single family or another type of person group. The household is the basic unit of analysis in many social, microeconomic and government models, and is important to economics and inheritance. Household models include families, blended families, shared housing, group homes, boarding houses, houses of multiple occupancy (UK), and single room occupancy (US). In feudal societies, the royal household and medieval households of the wealthy included servants and other retainers. Government definitions For statistical purposes in the United Kingdom, a household is defined as "one person or a group of people who have the accommodation as their only or main residence and for a group, either share at least one meal a day or share the living accommodation, that is, a living room or sitting room". The introduction of legislation to control houses of multiple occupations in the UK Housing Act ...
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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 The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a tot ... (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 municipali ...
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