Till death do us part...This was the last picture of
my late Ate Priscilla “Precy” Ostonal-Taboada and my late brother- law, Carlos
“Caloy” Taboada. They passed away 10 days apart. Bayaw Caloy died on October
18, 2020 and our Ate, on October 28, 2020. They were high school classmates who
graduated at the same time in 1963. And they were sweethearts too! They could
have celebrated their golden wedding anniversary by year 2022. Mysteriously
leaving this world together was the culmination of what true love means: “Till
death do us part”. – Percy Ostonal
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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