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Puerto Princesa
Puerto Princesa (, American Spanish: , European Spanish: ), officially the City of Puerto Princesa (Cuyonon language, Cuyonon: ''Siyudad i'ang Puerto Princesa''; ), is a Cities of the Philippines#Legal classification, highly urbanized city in the Mimaropa region of the Philippines. According to the 2020 census, it has a population of 307,079. It is a city located in the western Provinces of the Philippines, Philippine province of Palawan and is the Cities of the Philippines, westernmost city in the Philippines. Though the seat of government and capital of the province, the city itself is one of 38 Cities of the Philippines#Independent cities, independent cities within the Philippines not controlled by the province in which it is geographically located and is therefore an independent area located within Palawan for its geographical and statistical purposes by the Philippine Statistics Authority. It is the largest city in the province of Palawan and the Mimaropa region. It is the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Princesa International Airport
Puerto Princesa International Airport is an airport serving the general area of Puerto Princesa, located in the province of Palawan in the Philippines. It is classified as an international airport by the Civil Aviation Authority of the Philippines. The airport is the main gateway to the Puerto Princesa Underground River, a UNESCO World Heritage Site and one of the New 7 Wonders of Nature. History World War II The airport was built by American prisoners of war during the World War II from August 1942 to September 1944. It was used to accommodate large Japanese transport aircraft to complement the grass airstrip south of the present-day location of NCCC Mall Palawan in Lacao Street. The airstrip was constructed by hand by the POWs using crushed corals for illuminating night landings. The finished airfield has an area of with two runways. On December 14, 1944, occupying Japanese soldiers herded 150 remaining American POWs that constructed the airstrip into air raid trenches, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Princesa Subterranean River National Park
The Puerto Princesa Subterranean River National Park is a protected area in the Philippines. The park is located in the Saint Paul Mountain Range on the western coast of the island of Palawan, about north of the city of Puerto Princesa, and contains the Puerto Princesa Subterranean River (also known as the Puerto Princesa Underground River or just Underground River). It has been managed by the Puerto Princesa city government since 1992. It was listed as a UNESCO World Heritage Site in 1999, and voted as a New 7 Wonders of Nature in 2012. It also became a Ramsar Wetland Site in 2012. A major tourist destination, it is mostly accessed through road trips to the seaside village of Sabang from where one of the many Bangkas (Kayaks) take visitors to the park History In 2010, a group of environmentalists and geologists discovered that the underground river has a second floor, which means that there are small waterfalls inside the cave. They also found a cave dom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Languages Of The Philippines
There are some 130 to 195 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 language, creole varieties generally called Chavacano along with some local varieties of Chinese are also spoken in certain communities. The 1987 constitution designates Filipino language, Filipino, a de facto standardized version of Tagalog language, Tagalog, as the national language and an official language along with English language, English. Filipino is regulated by Commission on the Filipino Language and serves as a ''lingua franca'' used by Filipinos of various ethnolinguistic backgrounds. Republic Act 11106 declares Filipino Sign Language or FSL as 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 gr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liability (financial Accounting)
In financial accounting, a liability is a quantity of value that a financial entity owes. More technically, it is value that an entity is expected to deliver in the future to satisfy a present obligation arising from past events. The value delivered to settle a liability may be in the form of assets transferred or services performed. 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 that has already occ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. ''Total assets'' can also be called the ''balance sheet total''. Assets can be grouped into two major classes: Tangible property, tangib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iwahig Penal Colony
Iwahig Prison and Penal Farm in Puerto Princesa, Palawan, Philippines is one of seven operating units of the Bureau of Corrections (Philippines), Bureau of Corrections under the Department of Justice (Philippines), Department of Justice. Currently, it houses some 4,000 inmates. History American territorial period The Viceroyalty of New Spain, Spanish regime had earlier designated Puerto Princesa, Palawan as a place where offenders Sentence (law), sentenced to banishment were exiled, often as a death sentence due to the endemic (epidemiology), endemic malaria. Yet, the facility was established only during the American occupation. Governor-General of the Philippines, Governor Luke Edward WLuke Wright authorized the establishment of a penal colony in the province of Palawan on November 16, 1904. This penal settlement, which originally comprised an area of 22 acres, served as a depository for prisoners who could not be accommodated at the Bilibid Prison in Manila. A prison f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
