Try GOLD - Free

Ilocos Sur emerges as country's top revenue earner; Singson appeals for direct flights to Vigan

Manila Bulletin

|

December 18, 2025

Ilocos Sur was acknowledged as the country's top revenue-earning province for 2024, according to the 2024 Annual Financial Report (AFR) from the Commission on Audit (COA.

In the COA report, Ilocos Sur reported a milestone P9.721 billion in total revenues for the year. This achievement represents a huge 140.68-percent growth-a jump of P5.682 billion-from its previous year's figure of P4.039 billion.

In claiming the recognition as the country's top revenue-earning province for 2024, Ilocos Sur unseated Bulacan, which had been the perennial leader in recent years, and has moved down to second place. Cebu, another former top earner, landed third.

The Tobacco Windfall: The Impact of RA 7171

The revenue surge is directly attributed to the region's main crop: Virginia-type tobacco. The COA report detailed that the key factor was the massive release of Ilocos Sur's share in the tobacco excise tax fund, governed by Republic Act No. 7171 (RA 7171).

Ilocos Sur, a major tobacco producer, received a remarkable P6.901 billion from this fund last year. The law mandates that a portion of the excise taxes collected from cigarettes using Virginia-type tobacco must be allocated back to the producing provinces. This substantial payment transformed the province's financial standing, allowing it to easily surpass Bulacan, which posted P8.811 billion.

MORE STORIES FROM Manila Bulletin

Manila Bulletin

Manila Bulletin

An approach to classic beauty

Alexandre Colaianni's tips for a timeless makeup look this holiday season

time to read

3 mins

December 19, 2025

Manila Bulletin

Everyone's vigilance necessary in restoring faith in nat'l budget

The reconciliation of the disagreeing provisions in the proposed 2026 national budget by the Bicameral Conference Committee is a welcome, if overdue, development.

time to read

2 mins

December 19, 2025

Manila Bulletin

Arms cache recovered

The police and military recovered on Wednesday, Dec. 17, a cache of firearms in Labo town, Camarines Norte province in a joint operation that stemmed from intelligence reports about the hidden high-powered guns in the area.

time to read

1 min

December 19, 2025

Manila Bulletin

Filipino holiday spending surges

Consumer spending in the Philippines spikes during the Christmas season, with Filipinos showing a notable increase in spending, according to data from global payments platform Visa.

time to read

2 mins

December 19, 2025

Manila Bulletin

Manila Bulletin

The Oscars will move to YouTube in 2029

In a seismic shift for one of television’s marquee events, the Academy Awards will depart ABC and begin streaming on YouTube starting in 2029, the Academy of Motion Picture Arts and Sciences announced Wednesday.

time to read

2 mins

December 19, 2025

Manila Bulletin

Gomez accused of physical abuse

Philippine Fencing Association (PFA) President Rene Gacuma said he is considering consulting legal counsel and possibly filing charges against PFA Director and Philippine Olympic Committee (POC) Vice President Richard Gomez over alleged physical and verbal abuse during the fencing competition at the 33rd Southeast Asian Games in Thailand.

time to read

1 min

December 19, 2025

Manila Bulletin

Authorities deny Bondi Beach duo trained in Mindanao before attack

The police and military vehemently denied on Wednesday reports that the two Bondi Beach terrorists trained in Davao or Mindanao during their visit to the Philippines last month.

time to read

2 mins

December 19, 2025

Manila Bulletin

PH Resorts halts Cebu casino plans

PH Resorts Group Holdings Inc., the gaming firm led by Davao-based tycoon Dennis Uy, has terminated partnership talks with EEI Corp. after the government’s gaming regulator revoked the license for its stalled casino project in Cebu province.

time to read

1 min

December 19, 2025

Manila Bulletin

Mourners grieve 10-year-old slain in Bondi mass shooting

Hundreds of mourners bearing bright bouquets and clutching each other in grief gathered at a funeral in Sydney on Thursday for a 10-year-old girl who was gunned down in an antisemitic massacre during a Hanukkah celebration at Bondi Beach.

time to read

3 mins

December 19, 2025

Manila Bulletin

Manila Bulletin

New Lexus Gallery to rise in Quezon City

Lexus breaks ground on north Metro Manila site

time to read

1 mins

December 19, 2025

Listen

Translate

Share

-
+

Change font size