January 24, 2019 - Thursday
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Davao City, Philippines

Business

30K firms renew permits, P299-M biz tax collected in Davao City

DAVAO CITY – On the 12th day of the business permit renewal on Wednesday, close to 30,000 business establishments have filed their renewal application with the city government while P299.69 million were collected from over 10,000 taxpayers. This was disclosed on Thursday by Business Bureau chief Marissa Torrentera and Acting City Treasurer Erwin Alparaque during the I-Speak Forum at City Hall. Torrentera said as of January 16, the city recorded 27,846 applications for renewal of business permits both from the main one-stop-shop at the Sangguniang Panlungsod and at the offsite center at the Almendr ...

Ayan Mellejor | 6 days ago

Business

City to open online business tax payment

Business owners will soon be able to pay their business tax online through the Land Bank of the Philippines and Development Bank of the Philippines (DBP) to avoid the hassle of lining up at the City Treasurer’s Office (CTO). In an interview, City Treasurer Erwin Alparaque said the city is now finalizing the agreement with DBP whi ...

Funny Pearl A. Gujanera | 2 weeks ago

Business

Business Bureau eyes 39,000 renewals in 2019

DAVAO CITY -- The Business Bureau is ready for the expected huge turnout of people as they open up their counters at the ground floor of the Sangguniang Panlungsod for the yearly renewal of business permits beginning January 3, Thursday. “Our office issued a total of 39,514 business permits last ...

Lovely Carillo | 2 weeks ago

Business

Davao Region construction one of country’s most robust

DAVAO CITY -- The construction industry in the Davao Region is expected to be more vibrant next year after it landed among the Top Five regions in the country that contributed to the P104.8 billion worth of construction projects during the third quarter of 2018. Preliminary results of the Construction Statistics from A ...

CONSTRUCTION BOOM. Davao Region enters the Top 5 performing regions in the country in terms of the value of construction projects. Photo shows the ongoing construction of the Department of Health Regional Office along J.P. Laurel Avenue, Davao City, one of the many public and private construction projects in the region. LOVELY CARILLO

Lovely Carillo | 3 weeks ago

Business

PCSO’s gross sales up by 18%

DAVAO CITY -- The gross sales of the Philippine Charity Sweepstakes Office (PCSO) from its gaming products such as Lotto, Sweepstakes and Small Town Lottery (STL) from January to November this year has increased by 18 percent compared to the same period last year. “Nakikita naman ng tao na napaka-transparent ...

Lovely Carillo | 3 weeks ago

Business

Diokno: Project DIME is game-changing

The implementation of “Project DIME” will not only ensure the efficient implementation of projects by the concerned government agencies but also ensure that every dime of the people’s money is spent well. “Project DIME is especially necessary in overseeing projects in far-flung areas wherein in-person physical i ...

The South Pacific Golf and Leisure Estate Davao has the stamp of excellence as it was designed by Arnold Palmer, one of the world’s greatest golfers. Disturbing even one of the holes of the golf course will destroy its beauty. The golf course, frequented not only by locals but also by Japanese and other foreign tourists, is one of the properties that will be affected by the Mindanao Railway System-Davao Segment if the project proponent insists on implementing the original design. LOVELY CARILLO

Lovely Carillo | 1 month ago

Business

Sunlife CEO scores 20% growth in life insurance industry income

BGC, TAGUIG-Filipinos are becoming more financially literate as shown by the continuous growth of the life insurance industry which was pegged at 20 percent for the first nine months of the year. “I am happy to share that for our part Sun Life’s total premium income actually grew much faster than the industry growth rate,&r ...

Sun Life Financial Philippines country head and Chief Executive Officer (CEO) Benedict Sison (middle) urged Filipinos to invest in their future during the SINAG AWARDS Thanksgiving Celebration held at the Bonifacio Global City in Taguig Wedneday. LOVELY CARILLO

Lovely Carillo | 1 month ago

Business

Reenacted budget to stunt economic growth

Department of Budget and Management (DBM) Secretary Benjamin Diokno warned lawmakers about the negatives of a reenacted budget to the country’s growth momentum. "Our growth targets are anchored on a carefully-crafted expansionary fiscal policy," Secretary Diokno said. "If you reduce the budget, you interrupt our gr ...

Department of Budget and Management (DBM) Secretary Benjamin Diokno paints a not-so-good scenario for the Philippine economy’s growth prospects in case the budget is reenacted. DBM

Lovely Carillo | 1 month ago

Business

Inflation rate slows down as Christmas season nears

The country’s economic managers hope that the slow-down in the inflation rate as the Christmas season nears will help alleviate the struggles of poor Filipinos. The Philippine Statistics Authority (PSA) on Wednesday reported a 0.3 percent month on month decline in the inflation rate, the lowest since last July’s 5.7 percent ...

File photo by ARJOY M. CENIZA

Lovely Carillo | 1 month ago

Business

NCCC’s search for the best Mindanao entrepreneurs up

Homegrown brand New City Commercial Corporation or NCCC is set to launch the LTS Entrepreneurship Awards in its bid to honor the best entrepreneurs in Mindanao. The search willl kick off next year. “The LTS Entrepreneurship Awards will be given to the Top 6 Mindanaoan businessman who excelled both in their business and in their e ...

(FROM LEFT) Tjader Regis-Senior Vice President for LTS Retails Specialists, Inc, Lafayette Lim-CEO of the NCCC Group of Companies and Joan dela Pena-Program Administrator of NCCC Cares Foundation checks out the NCCC40 video clip. LOVELY CARILLO

Lovely Carillo | 1 month ago