Business applications in Manila up by 42%

Applications for new businesses in Manila went up by 42 percent amid the pandemic, Mayor Isko Moreno reported.

Moreno said the city’s bureau of permits headed by Levi Facundo registered 911 new businesses from January 1 to February 7.

Facundo said only 642 businesses applied for permits last year while 480 businesses were registered in 2019.

He said applications for business permit renewal slightly dropped to 44,526 from 49,956 last year.

In 2019, Facundo said city hall registered 47,553 business permit renewals.

He added, “The city government will continue to implement programs supporting local businesses to achieve economic growth.”

In September last year, Moreno launched the “Manila supports local” campaign to help businesses increase their earnings amid the pandemic.

He noted, “We are hopeful that these new businesses will help improve the local economy as businesses shut down last year due to the pandemic.”

Source: https://www.philstar.com/nation/2021/02/12/2077111/business-applications-manila-42

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