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Municipal Bonds could boost  Mambulao’s funding for development projects   By PERCY OSTONAL MWB uzz Marketing Director   The government of Mambulao can free itself from debt loans from government financing institutions (GFIs) by issuing Municipal Bonds to fund its projects and social initiatives. The LGU may issue municipal bonds to raise funds for infrastructure, roads, airports, public markets, schools, new basketball courts, fish port, sewer canal expansion, job-making projects, and so on. When a citizen of Mambulao buys an MB, he or she is loaning money to the LGU in exchange for a set number of interest payments over a predetermined period. At the end of that period, the bond reaches its maturity date and the full amount in the bondholder’s original investment is returned to him plus interest income. There is nothing new about MB as it has been used by local governments for years, but its effect could offer renewed hopes to the people and the communi...
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Cleanliness drive gets a boost from the private sector ONE hundred trash segregation cans have been donated by the private sector to boost the cleanliness drive of the local government of Mambulao. The newly painted trash cans were recently turned over to the LGU by the Kabalikat Charity and the Tau Gama Fraternity, said Police Lieutenant Rosa B. Ilao, (right) deputy police chief in Mambulao. She announced the turnover in a live YouTube program of the Public Information Office (PIO). The trash cans will segregate wet and dry trash and those that are recyclable. Lt. Ilao  has appealed to the public to observe proper waste disposal to keep cleanliness at home and in the neighborhood. She said that an existing municipal ordinance penalizes violators of Republic Act 9003 known as the Ecological Solid Waste Management Act of 2000. The law mandates the local government units (LGUs) to achieve 25% waste reduction through establishing an integrated solid waste management plans based on 3R...
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Vice-Gov Dong Padilla mourns mom ’ s demise Camarines Norte Vice Governor Dong Padilla (right) was in Manila when her mother, Carmelita, popularly known as “Mama Lita” to Mambolenos, passed away at 86 at her home in Mambulao. Padilla, the three-term mayor of Mambulao until July 2019, was away on personal business errands, when he got the news of his mother’s passing. Padilla said “it was the worst thing to be away” at the time of his mother’s death. Reacting to messages of condolences that his family has received from friends, associates and the people in Mambulao, he said in a video played on YouTube during a live tribute “to Mama Lita” aired on Facebook and YouTube at his mother’s wake: “Hanggat buhay pa ang ating mga magulang, ang ating mga tatay, mga nanay, bigyan natin sila ng oras – tawagan, i-chat, bisitahin at ‘wag kalilimutang sabihin na mahal natin sila. “Sapagkat hindi po natin alam kung hanggang kalian tatagal ang kanilang buhay.”  (While our parents are ...
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