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Published: November 14, 2006 | |

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Philippines confident in solving revenue shortfalls

Philippines: San Miguel Corp. Sustains Growth Momentum in 2006

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Realistic targets and doable strategies led to surpluses in Gingoog City, writes Davao Today’s Germelina Lacorte in Newsbreak magazine’s special report on Philippine towns and cities that have been found to be managing their resources quite well.

“ONCE YOU’RE in Gingoog, you’re connected to the world,” John Venice Ladaga, a city government employee, says in bragging about the number of Internet cafés, pension houses, and other businesses sprouting all over this small but bustling city between the bigger cities of Butuan and Cagayan de Oro.

City officials have been grooming this former Spanish pueblo as a vacation city. This year alone, the local government has invested close to P50 million for tourism-related projects, trying to make its waterfalls, forests, and mountains more exciting destinations.

Read the full report here.

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