Bohol Competitiveness Summit

Tagbilaran City, CMCI-ranked

LGUs pin Bohol to invest map

TAGBILARAN CITY, Bohol, Nov 15 (PIA)—Tagbilaran City proved it can horn its way into the country’s frontline cities for investments when it led in pinning Bohol to the investors maps for their next potential profit base.

At the annual Cities and Municipalities Competitive Index(CMCI) as organized by the Department of Trade and Industry (DTI), cities and municipalities are ranked based on the sum of their scores on 5 Pillars: Economic Dynamism, Government Efficiency, Infrastructure, Resiliency, and Innovation.

Meanwhile, provincial rankings are based on population and income weighted average of the Overall scores of cities and municipalities under a province.

Tagbilaran City scored big to rank fourth among component cites by scoring enough to rank 18th in Economic dynamism, 2nd in government efficiency, 6th rank in infrastructure, 7th rank in Resiliency and 8th rank in Innovation, earning for Bohol a national ranking among 1634 local government units in the country.

On the other hand, for ranking 10th among 3rd to fourth class municipalities for its first rank nationwide in Economic dynamism with a score of 7.9890, and ranking 2nd in Infrastructure nationwide, Panglao floated into the national awards.

Both Tagbilaran City and Panglao earned P577,500 while Governor Erico Aristotle Aumentado furher motivated the national awardees by adding some P500 thousand worth of projects.

Meanwhile, using the same CMCI ranking, Bohol Investment Council and its Bohol Economic Development and Investment Promotions Office (BEDIPO) handed out honor awards to Bohol LGUS which naked first among local LGUS in the same five pillars, the most competitive and the most improved LGUS.

INNOVATION PILLAR

In the Innovation pillar, or the LGU ability to harness its creative potential to improve or sustain current levels of productivity by developing creative capital like human resources, research capabilities, and networking capacities, Corella topped the local municipalities under the 5th to 6th class with its 28th rank, followed by Lila with its 29th rank Alburquerque with its 37th rank among .

Honor awardees for building Innovation in the 5th to 6th class towns also include Loay, Cortes, Sevilla, Clarin, Batuan, Sikatuna and Anda.

For 3rd to 4th class towns building innovation, top winners include Catigbian for its 9th rank among 660 LGUS across the country.

Sharing Corella’s top honors for Bohol are Maribojoc which ranked 25th, and Loboc which earned the 104th rank in building innovations.

Populating Bohol list of ten performing LGUs in Innovation Pillar for 3rd to 4th class towns are Jagna, President Carlos P Garcia, Panglao, Pilar, San Miguel, Getafe and Calape.

For the 1st to 2nd class towns, biggest winners are Loon which ranked 169 in Innovation followed by Ubay on 178th and Talibon on 337th rank among 509 municipalities.

Tagbilaran City’s 8th rank among 116 component cities earned it Bohol’s first in building Innovation.

RESILIENCY PILLAR

Resiliency is the LGU capacity to build systems that can absorb change and disturbance and adapt to such changes, prepare its constituents for possible shocks and stresses; budget for disaster risk reduction; adopt mechanisms for hazards risk; keep resilience-related infrastructure and mechanisms.

Topping the list for 5th to 6th class towns are Clarin (ranked 164th), Sikatuna (191st) and Alburquerque with its 75th national rank among 306 towns in their class.

With them in the top ten in Bohol are Lila, Corella, Sevilla, Cortes, Loay, Dagohoy and Batuan.

For 3rd to 4th class towns, top three winners are Jagna which earned 114th rank, Catigbian with 104th rank and Maribojoc with is 108th rank among 660 towns. Sharing them in the top 10 in Bohol are San Miguel, Buenavista, Getafe, Loboc, Calape, Dimiao and Candijay.

For first to second class towns, biggest winners are Loon with its 64th rank, Talibon with 156th rank and Carmen with its 330th rank among 509 towns.

Tagbilaran City, which ranked 7th among the country’s Component Cities building resilience in Bohol’s top winner for this class.

INFRASTRUCTURE PILLAR

This pertains to the physical assets that connect, expand, and sustain an LGU and its surroundings to provide goods and services and involves basic production inputs like power, water, production interconnection like transportation, roads and communications; production sustenance like waste, disaster preparedness, environmental sustainability; and human capital formation.

Winners for the 5th to 6th class towns are Anda with a national rank of 15th among 316 enties, Loay (28th) and Clarin with 37th rank.

With them in the top ten list are Batuan, Corella, Cortes, Sikatuna, Alburquerque, Dagohoy and Lila.

For the 3rd to 4th class towns, top three Bohol winners are Panglao with a 2nd best in the national ranking followed by Dauis with 8th rank and Jagna with a 35th national ranking in building infrastructure.

In the 1st to 2nd class municipalities, top honors were earned by Tubigon with a 162nd national rank, followed by Talibon with 196th rank and Ubay with a 212nd rank among 509 towns.

For Component cities, Tagbilaran City ranked 6th among its competitors.

GOVERNMENT EFFICIENCY PILLAR

This refers to the quality and reliability of government services and government support for effective and sustainable productive expansion, focusing on government as an institution that is generally not corrupt; able to protect and enforce contracts; apply moderate and reasonable taxation and is able to regulate proactively.

Top awardees for the 5th to 6th class towns here include Alburquerque with an 31st national rank, followed by Batuan with 76th rank and Sevilla with 103rd rank. Completing the top ten awardees here are Sevilla, Cortes, Loay, Sikatuna, Clarin, San Isidro and Lila.

For the 3rd to 4th class towns, biggest winners are Bien Unido with 33rd rank, Jagna (44th rank) and Catigbian with 49th in the national rankings for government efficiency. Filling the awardees in this class are Valencia, Getafe, Sagbayan, President Carlos P. Garcia, Panglao, Trinidad and San Miguel.

In the 1st to 2nd class towns building Government Efficiency, top honors belong to Talibon (15th), Ubay (75th) and Tubigon (252nd) with their respective ranks.

Tagbilaran city placed second in the national rankings for component cities building government efficiency.

ECONOMIC DYNAMISM PILLAR

This creates stable expansion of businesses and industries and higher employment. This pillar matches the output and productivity of the local economy with the local resources. These LGUS become hubs of economic activities, and business expansion and job creation are easily observable in local settings.

Top honors for Bohol LGUS in the 5th to 6th class towns are Clarin (6th), , Batuan (15th), and Loay (22nd) in the national ranking of 316 towns. Joining them in the top ten list are San Isidro, Corella, Dagohoy, Cortes, Anda, Alburquerque and Lila.

In the 3rd to 4th class towns, top awardees are Panglao (1st rank), Dauis (8th rank) and Jagna (11th rank) among 660 towns. With them as awardees in economic dynamism are:Valencia, Candijay, sagbayan, Catigbian, Calape, Guindulman and Trinidad.

For the 1st to 2nd class towns, top awardees are Talibon (132nd), Carmen (a43rd), and Tubigon (149th).

Tagbilaran City’s standing among the country’s component cities is 18th.

MOST IMPROVED LGUS

Earning the Most improved ranking among 5th to 6th class towns are Sevilla (9th rank), Sikatuna () and Clarin, joined by Cortes, Loay, Lila, and Dagohoy.

For the 3rd to 4th class towns, awardees in the top 3 are President Carlos P Garcia (10th rank), while Trinidad and Garcia Hernandez shares the 36th rank. Getafe, San Miguel, Dauis, Loboc, Baclayon. Valencia and Guindulman completes the 10 town slate.

In the 1st to 2nd class towns, awardees are Carmen (17th rank, Ubay (93rd) and Talibon (98th).

Tagbilaran City’s 4th rank also earned its top place in Bohol in the component cities category.

MOST COMPETITIVE LGUS

Earning the most competitive LGUS in Bohol are those towns who placed within the top 100 to earn a plaque and cash rewards.

For the 5th to 6th class towns are Corella, Alburquerque and Clarin, followed by Loay, Lila, Batuan, Cortes, Sevilla, Sikatuna and Anda.

For the 3rd to 4th class towns, top awardees include Panglao, Jagna and Catigbian followed by Maribojoc, Valencia, San Miguel, Dauis, Calape, Getafe and President Carlos P. Garcia.

In the 1st to 2nd class towns, top winners are Ubay, Loon and Talibon, while Tagbilaran City which picked the 4th rank all over the town earned the top spot for Bohol’s component cities.

While Bohol has prepared plaques and cash awards of P65K, 55K and 45K to the top three LGUS, Governor Aumentado, through provincial Administrator Asteria Caberte announced and additional P500K worth of projects to the top winners. (RAHC/PIA-7/Bohol)

REWARDING BUSINES OPPORTUNITY CHAMPS. Governor Erico Aristotle Aumentado added P500K worth of projects to LGUS which proved their worth in attracting investments, in a further bid to motivate more LGUS to improve their competitiveness and elevate Bohol’s rankings in the national competitiveness index. (PIABOHOL)

Bohol’s Oct inflation rises

to 2.9% from Sept’s 1.6%

TAGBILARAN CITY, Bohol, Nov 15 (PIA)— Double digit inflation in food, specifically cereals, fruits and nuts, education and alcoholic beverages led the over-all rise in inflation in Bohol to 2.9 in October from 1.6 in September 2024, data monitored by the Philippine Statistics Authority (PSA) showed.

Cereals and cereal products which own up to 95.1 percent share of the inflation pulled everything up with its 16.1 percent from 2.6 percent inflation rate in September.

Fruits and nuts also swung upwards with its 19.2 percent in October from 11.2 percent last month. Fresh tropical fruits, dates and figs steered the surge at 20.1 percent from 12.0 percent in September last month.

Education for early childhood and primary education maintained its double digit rate at 22.8 percent bringing and an over-all inflation rate at 11.2 percent.

Eggs along with milk and other dairy products, on the other hand, while the Department of Trade and Industry noted a spike in the prices in September, to 18.2 percent, which continued to roll up at 20.1 in October. Prices of eggs alone swung to 8.9 from 7.9 percent in September.

The inflation rate in October 2024, based on the monitored Consumer Price Index (CPI) as gathered by PSA teams collated from actual inspections in the city markets and towns, also showed that price was even more challenging with 5.0 percent inflation rate in October last year.

On the other hand, for major commodity groups, PSA noted a general rise in food and non-alcoholic beverages at 6.6 percent from 1.7 percent, alcoholic beverages and tobacco at 4.4 percent from 3.0 percent, clothing and footwear at 1.8 percent from 1.6 percent and transport from -3.5 to -2.9 percent.

In Bohol again, restaurants and accommodation services dipped to 1.9 percent from 2.9 percent last month, personal care and miscellaneous goods from 3.0 percent to 2.9 percent, health from 1.9 percent to 0.9 percent, recreation, sports and culture from 3.4 to 1.1 percent, housing, utilities, gas and fuels which registered 2.2 percent in September is now 0.0 percent.

With food inflation now at 7.0 percent after a 6.8 percent rise in October from 1.8 percent rate in September, the inflation rate for Bohol’s bottom 30% income households climbed to 6.0 percent.

This is from 4.2 percent in September 2024.

The rate however is still lower compared to last year’s 7.6 percent inflation rate, which was even lower still compared to the inflation rate in April and May 2023 with a 10.6 percent.

Contributing much to the suffering of the province’s poor are increases in the prices of rice, wood fuel including pellets and briquettes, eggs, fresh tropical fruits, restaurants and cafes with full service, according to the PSA. (RAHC/PIA-7/Bohol)