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Sunday, January 30, 2011

Transportation board: Taxi operators, drivers can delay new fare

Sunday, January 9, 2011



TAXI operators and drivers in Davao City have the option to delay the implementation of the fare increase granted by the Land Transportation Franchising and Regulatory Board (LTFRB), an official said Sunday.
Benjamin Go, LTFRB-Davao Region director, told Sun.Star Davao Sunday that since charging of the new fare has no deadline for the operators and drivers to comply with, they have the prerogative to either immediately implement it or not.
The newly approved taxi fare -- a flag-down rate of P40 from P30 and a charge of P3.50 from P2.50 for the succeeding 300 meters -- will take effect on January 21, 15 days after it was published on January 7.
Davao-based taxi companies had requested the LTFRB-Davao Region on January 4 for a different fare hike in the city as they are only seeking P0.50 increase for the succeeding 300 meters.
Go said they had sent the request to LTFRB central office, but this was junked by the board.
LTFRB ruled that the taxi fare hike will be uniformly implemented except for Baguio City.
Go said that it might take around six months before taxi operators and drivers can uniformly charge the new fare.
After the new fare hike was granted, several of the city's taxi drivers expressed apprehension this will adversely affect their income because of the dwindling number of passengers who can no longer afford the new rate.
"They all have to obey the fare hike, but since there's no deadline, maybe some operators will just take their time and will not immediately comply with the new rate," Go said.
LTFRB emphasized that taxi operators can avail of the increase only if they can provide the two requirements -- the receipt-issuing meter and three sets of uniform for their drivers, which Go believes are a bit harder for them to comply with.
"Basin tuyuon nila na pag dugay (They might intentionally delay the implementation of the new fare)," Go said.(Jereco O. Paloma)
Published in the Sun.Star Davao newspaper on January 10, 2011.

REACTION:
Nowadays, people are so deprive from their work that they spent all morning just to finish what they have done. They do this just to feed their family.  Come to think of it, increasing tax fare would be another problem for the drivers because people won't ride taxi's because of the increase of fare by 40.  One of my relatives told me that they have that some of the taxi's have alternating methods because they cannot accommodate some taxi's to issue their meter.  Another problem would be both is that people will force to ride on jeepneys because of the increase of flag-down.  Jeepneys driver might have a higher income compared to the taxi drivers.  Taxi driver might increase their income during rainy season because people also are forced to ride on taxi's because of the heavy rain so that they can reached their houses.  But once their would be no rain and it's sunny then people will ride on a jeep and that would be a bad part for the taxi drivers.
I think that they would just retain the flag-down of their rate to 30, so that, some people can afford  to it.  It wouldn't be a hassle in their part.  So, taxi drivers can have enough extra income to bring to their families when they got home, because the part that they have been doing is so difficult because they have to wake up early just to meet their passengers to go to their destinations.  The government should be aware that they are doing the best that they can even if it is difficult for them to earn. 

Monday, December 27, 2010

Reaction Paper

Aquino signs P1.645-T reform budget

December 27, 2010, 2:56pm

MANILA, Philippines (PNA) - President Benigno S. Aquino III signed into law at Malacanang's Rizal Hall on Monday the P1.645-trillion General Appropriations Act (GAA) for 2011, the first financial blueprint of the Aquino administration.
Present during the occasion were Senate President Juan Ponce Enrile, Senate Minority Leader Alan Peter Cayetano, Senator Franklin Drilon, House Speaker Feliciano Belmonte Jr. and several other members of Congress.
“The Reform Budget of 2011 has now been enacted. In the run-up to this momentous occasion, we have achieved key ‘firsts’ in public expenditure management,” Department of Budget and Management Secretary Florencio B. Abad said.
Among these, he said, is that it will be the first time in 11 years that the GAA is enacted before the fiscal year starts.
“We are now shunning the old, inefficient and crooked practice of re-enactment by ensuring that our budget is passed on time and implemented early,” Abad said.
The budget chief also said it was the first time this year that the national budget was prepared using the zero-based budgeting (ZBB) approach.
“This allowed us to reduce or terminate funding for projects or programs which are ineffective, inefficient or fraught with leakages, and to expand funding for those which are well-performing and are critical for development,” he explained.
Furthermore, he stressed that the 2011 Reform Budget is the first budget with transparency and accountability provisions integrated within the GAA text.
“These general and special provisions require us to disclose key information on budgetary appropriations and releases using new information technology. This government has nothing to hide from the people,” Abad said.
He also said that it was also the first time that ways and means to institutionalize citizen participation in the budget process have begun to be discussed with civil society organizations (CSOs).
“In fact, CSOs will already participate in preparing the 2012 budget,” he added.
“Pinakamahalaga sa lahat, inuuna ng Reform Budget of 2011 ang maralita nating mga kababayan (Most importantly, the Reform Budget of 2011 puts our poor countrymen first). This budget puts into pesos the Aquino government’s unabashed bias for the poor,” Abad stressed.
The DBM chief said the 2011 budget significantly invests in poverty reduction, with the social services sector receiving the lion’s share of 34.1 percent of the budget, a 16.8 percent increase, which is the highest gain among sectors.
“This is a concrete, direct and substantial way of making the dividends of good governance benefit the poor,” he said.
He noted that allocations for conditional cash transfers, for quality basic education and for maternal and child healthcare have significantly increased in line with meeting the country’s Millennium Development Goals.
Reaction/Recommendation:
What is reform budget? Budget Reform refers to the changes which are made in the budget plans, for getting more effective results in terms of cutting down the overall expenses and facilitating more income. Without any Budget Reform, a budget plan tends to become stereotype and stagnant, and no longer remains beneficial in meeting the financial requirements of the country. ( http://www.economywatch.com/budget/important-concepts/reform.html )
But in this case, he performs it in a biased way in which as we can see, students in public schools tend to form a rally so that the government can hear their cries regarding such issue.  The government also uses the foreign debt which is the.  The money one country owes to another country, as a result of loans and/or a negative balance of trade ( http://www.investorwords.com/2041/Foreign_Debt.html ).  This foreign debt is being paid to other country in which we pay them for our loans, etc.  They have not been using the required amount of money which must be invested towards education so that more funds will be acquired in the public schools.  But, if they continue to pay those foreign debt then some students might transfer to private schools in which they can't afford and the necessary thing that they can do is to STOP because they can't afford the necessary needs in the private schools.
I recommend that they must that pay the foreign debt to other countries. They must find ways to do other courses of actions in paying their debts in which it is intended to the public schools.  By this, students can afford to go to public schools and more scholarships shall be given by them.  More students can graduate whether they came in public schools, at least they to achieve their goals in life.

By:  Althea Bonnafe C. Ferraris 
        BSC - MA 3D

Saturday, December 18, 2010

Answers to the Review Questions from Chapters 4-6

Althea Bonnafe C. Ferraris
BSC - MA 3D


Chapter 4
1. D
2. B
3. A
4. B
5. A
6. C
7. D
8. A
9. C
10. B


Chapter 5
1. C
2. D
3. B
4. C
5. C
6. C
7. A
8. B
9. D
10. C



Chapter 6
1. B
2. C
3. A
4. C
5. B
6. A
7. B
8. C
9. A
10. B




Friday, December 10, 2010

unknown

so,i'm kinda new here n blogger.
i don't know how to used it so i might just explore it..haha..lol.
i has some similarities with twitter account bcuz i must follow my friends..isn't it cool.?!:)
anyway,the purpose of this blogspot is for our econ class like making posting r reaction regarding the economic issues which would be submitted every end of the month, answering the review questions for r exam.i mean it has a lot of purpose.

hmm..
i don't know what else would i talked about..;)

that would be it.

xoxo,
thea:)