NaganiansOnline

To connect Naganians in the Town, Naganians OFW and Balikbayans all over the world.
 
HomePortalCalendarFAQSearchRegisterMemberlistUsergroupsLog in
Happy Fiesta Naganians 10th October 2014 - Viva St. Francis de Assisi !! Long live NAGANIANS!!
NaganiansOnline Team are pleased to announce that your forum is now optimized for browsing via mobile phones. We're still in the beta version of the feature, however you can now browse your forum using your smartphones. Click here for more information
Visit the new founded CAD Brothers "D Amazing Game Fowl" follow this link http://cadbrothers.multiply.com
Search
 
 

Display results as :
 
Rechercher Advanced Search
Navigation
 Portal
 Index
 Memberlist
 Profile
 FAQ
 Search
Cebu Weather Forecast
Forecast for Cebu City
NaganiansOnline

Share | 
 

 3 cities in Cebu among top 6 areas easiest to start business

View previous topic View next topic Go down 
AuthorMessage
Reed
Senior Member
Senior Member


Posts : 80
Reputation : 4
Join date : 2008-05-21
Age : 105

PostSubject: 3 cities in Cebu among top 6 areas easiest to start business   Thu May 29, 2008 7:08 am

Ang City of Naga wala maapil, pero can City of Naga do it? I mean, naa kaha ta'y potential nga maapil aning list? Maningkamot ang tanan.


Thursday, May 29, 2008
3 cities in Cebu among top 6 areas easiest to start business in: survey

THREE cities in Cebu emerged among the top six cities where it is easiest to start a business in the Philippines, according to a survey commissioned by the International Finance Corp. and the World Bank.

Lapu-Lapu City is the second easiest city to start a business in, next only to Taguig. Cebu City placed fourth, while Mandaue landed sixth in a list of 21 cities in the “Doing Business in the Philippines 2008” survey.

The study compared regulations in all 21 cities and focused on three indicators: starting a business, dealing with licenses and registering a property. It compared procedures, time and costs.

It described Mandaue City as a best practice case in terms of the cost of registering property, because it charged only about 3.3 percent of the property value.

Least cost

Lapu-Lapu emerged as a best practice case, in that it cost the least to start a business there. That cost was pegged at 17 percent of the gross national income per capita, which the study listed as US$1,420. In effect, the study found out that it costs only about P10,138 to start a business in Lapu-Lapu City.

Cebu City emerged as the fourth best city, both in terms of starting a business and registering property. It takes 32 days to register property in the city, the study found out, compared to only 21 days in Mandaluyong, which topped the list for this indicator.

The result confirmed that Mandaue City is friendly to the business sector, both Mayor Jonas Cortes and Vice Mayor Carlo Fortuna said.

Cortes promised to continue his regular monthly meetings with company executives and the Mandaue Chamber of Commerce and Industry, with the next one scheduled on May 30. During these meetings the mayor and business owners discuss how the City can help the chamber, and vice-versa.

Fortuna credited the administration of former mayor Thadeo Ouano for being supportive of the business sector, as well as the present administration, for sustaining the effort and even raising standards.

One-stop-shop

As for Lapu-Lapu City, whose relationship with some business owners has been less than cordial, City Councilor Junard Chan credited Mayor Arturo Radaza’s one-stop-shop idea for their good showing in the study.

The idea, he explained, was to lump together all signatories for a business permit application—the city treasurer’s office, city health, Bureau of Fire Protection and City Zoning office—in one room inside City Hall.

“In Lapu-Lapu, despite the criticisms of some businessmen, the study proved that we are better than some other cities in serving the business sector,” Chan told Sun.Star Cebu.

The study, however, also reveals considerable challenges for Philippine cities. It listed the Philippines as 133rd out of 178 countries surveyed in 2008, down from 130 last year.

“Cities in the Philippines are already competitive in terms of the time required to change the title of a property. It takes on average 32 days to register property across the 21 cities, ranking 56th when compared with 178 economies globally,” the study said.

However, these cities “do not rank well against global benchmarks in terms of the number of procedures to start a business or secure construction licenses.”

It takes 25 procedures and 121 days to work on licenses in Marikina, the best of the list. More procedures are required in Cebu (31), Mandaue (33) and Lapu-Lapu (32), although the process takes less time (70 to 90 days) than in Marikina.

What makes Marikina the best of the lot is its low cost: it takes only 123 percent of the gross income per capita (or about P73,000) to secure licenses in that city. In contrast, it takes 476.5 percent in Cebu, 480.6 percent in Mandaue and 557.5 in Lapu-Lapu.

In all of the cities surveyed, those who want to register a property must go through eight procedures. But while these procedures take 32 days in Cebu, 43 days in Mandaue and 41 days in Lapu-Lapu, it only takes 21 days in Mandaluyong, which is cited as the best practice case in this area. (OCP)


(May 29, 2008 issue)

Here is the link:

The news
Back to top Go down
View user profile
NestGabs
Junior Member
Junior Member


Posts : 33
Reputation : 0
Join date : 2008-05-17
Location : Africa

PostSubject: 7 of Naga   Thu May 29, 2008 10:39 am

Reed...Cge diay ka ug basa sad sa news Question Wala kahay manipulation sa mga ratings ana...just curious. hehehe

Naa koy nabasa sa www.naga-cebu.com (one of the columnist) dd2 nga dako ug potential ang Naga to go on the
top. Who knows, dba??? Bag o palang nag start ta mag implement sa changes from Mun to City...Ug what I knew nga daghan kaau nga ang naka line-up ug even started na ang uban nga projects such as; New City Hall, New Public Market, convertion sa old public market to College school, New Cemetery, New Prison away from the City, Abatoir in the South area, Projects from Abroad that will benefit the Naganians, etc...Kepco at Colon just commenced the earth moving, maybe ang expansion of the Small & Medium Enterprises (SME)...So Think BIG for Naga in the FUTURE !!! Just sharing my ideas guys out there...and a positive thinker too.

God bless all...
Back to top Go down
View user profile
 
3 cities in Cebu among top 6 areas easiest to start business
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» Looking for Cities of Death Building Kits
» Cities of Death Commision for Roland
» Update for Cities of Death in July WD
» What areas from Fallout really scared you.
» Fallout 4 Secret Locations - Top 5 Secret Locations & Hidden Areas

Permissions in this forum:You cannot reply to topics in this forum
NaganiansOnline :: Politics and Current Events :: Politics and Current Events-
Jump to: