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Santo Tomas, Batangas
Santo Tomas, officially the City of Santo Tomas ('), is a Cities of the Philippines#Legal classification, component city in the Provinces of the Philippines, province of Batangas, Philippines. According to the 2020 census, it has a population of 218,500 people. Santo Tomas got its name from Spanish language, Spanish for Thomas Aquinas, Saint Thomas Aquinas, a Catholic saint whose patronal feast day is celebrated every March 7. It is also the hometown of Philippine Revolution and Philippine–American War hero Miguel Malvar, the last Filipino general to surrender to the Americans. History Santo Tomas was founded in 1666, with Manuel Melo as its first head. Originally, it was composed of a large ''poblacion''. When the Spanish friars arrived, their first and foremost objective was to construct a church near the river to satisfy their inclination for water. Thus, the present site of a Roman Catholic church was chosen near the San Juan River (Calamba), San Juan River. As year ...
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Padre Pio Shrine
The Parish and National Shrine of Saint Padre Pio, commonly known as Padre Pio Shrine, is a Roman Catholic parish church and pilgrimage site situated along Governor Antonio Carpio Avenue (Santo Tomas–Lipa Road) in Barangay San Pedro, Santo Tomas, Batangas, Santo Tomas, Batangas, Philippines. It is consecrated to the Italian Padre Pio, Saint Pio of Pietrelcina. Administered by the Roman Catholic Archdiocese of Lipa, the church was designated a national shrine by the Catholic Bishops' Conference of the Philippines, making it the first in the province of Batangas. It became one of the venues for the 4th World Apostolic Congress of Mercy held in the Philippines on January 16–20, 2017. Architecture The structure of the main church is made mostly of indigenous materials such as wood, stone, bamboo, ''Nypa fruticans, sasa'' or nipa leaves and ''amakan, sawali'' or woven bamboo strips. The shape of its roof resembles a ''salakot'', a traditional Filipino hat used by farmers and ...
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Philippine Standard Time
Philippine Standard Time (PST or PhST; ), also known as Philippine Time (PHT), is the official name for the time zone used in the Philippines. The country only uses a single time zone, at an UTC offset, offset of UTC+08:00, but has used daylight saving time for brief periods in the 20th century until July 28, 1990. Geographic details Geographically, the Philippines lies and 126°34′ east of the Prime Meridian, and is physically located within the UTC+08:00 time zone. Philippine Standard Time is maintained by the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). The Philippines shares the same time zone with China, Taiwan, Hong Kong, Macau, Malaysia, Singapore, Western Australia, Brunei, Irkutsk Oblast, Irkutsk (Russia), Time in Indonesia, Central Indonesia, and time in Mongolia, most of Mongolia. History For 323 years, 9 months, and 4 days, which lasted from Saturday, March 16, 1521 (Julian Calendar), until Monday, December 30, 1844 ...
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Spanish Language
Spanish () or Castilian () is a Romance languages, Romance language of the Indo-European languages, Indo-European language family that evolved from the Vulgar Latin spoken on the Iberian Peninsula of Europe. Today, it is a world language, global language with 483 million native speakers, mainly in the Americas and Spain, and about 558 million speakers total, including second-language speakers. Spanish is the official language of List of countries where Spanish is an official language, 20 countries, as well as one of the Official languages of the United Nations, six official languages of the United Nations. Spanish is the world's list of languages by number of native speakers, second-most spoken native language after Mandarin Chinese; the world's list of languages by total number of speakers, fourth-most spoken language overall after English language, English, Mandarin Chinese, and Hindustani language, Hindustani (Hindi-Urdu); and the world's most widely spoken Romance language ...
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Batangas
Batangas, officially the Province of Batangas ( ), is a first class province of the Philippines located in the southwestern part of Luzon in the Calabarzon region. According to the 2020 census, it has a population of 2,908,494 people, making it the 8th most populous province in the country. Its capital is the city of Batangas, and is bordered by the provinces of Cavite and Laguna to the north, and Quezon to the east. Across the Verde Island Passages to the south is the island of Mindoro and to the west lies the South China Sea. Poetically, Batangas is often referred to by its ancient name, Kumintáng. The province of Batangas was billed as the second richest province in the Philippines by the Commission on Audit by the year 2020. It has been the second richest province in the country for two consecutive years. In 2020, its provincial government posted a record high of ₱25.2 billion worth of assets, the largest in Calabarzon and the whole Luzon. Batangas is one of the ...
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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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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 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 ...
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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 ...
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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 di ...
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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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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 ...
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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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