Calapan City declared as ‘Hall of Famer’ in being PhL’s most ‘business-friendly city’

POSTED: Thursday, November 6th, 2014

CALAPAN CITY – By having awarded for the third consecutive years as being one of the most “business-friendly cities” in the whole country, the Philippine Chamber of Commerce and Industry (PCCI) has declared Calapan City as “Hall of Famer” in the said prestigious category.

 

The other week, President Benigno Aquino III personally presented the said award to officials of Calapan City government, led by City Mayor Arnan C. Panaligan, in a ceremony sponsored by PCCI at the Manila Hotel.

In his message after receiving the award, Mayor Panaligan said the swift, simple and systematic process of business permit renewal and application of new business permits, the low tax rate, infrastructure facilities here such as communication and power, skilled manpower or laborer, transparency and this city’s good governance have all brought up Calapan City to garner the said significant award.

The Calapan mayor also thanked and gave credits to the efforts of all city government employees for the award they received, and vowed to continue improving its quality services not only on business sector but on all people who invest in this city.

PCCI Oriental Mindoro Chapter President Engr. Benjamin Cacha also cited the good relationship Mayor Panaligan’s administration established with the business sector.  He particularly noted the growing banking industry here which, as of the latest data of the city government’s banking industry here which, as of the latest data of the city government’s licensing section, there are now 39 local and national banks established in Calapan City.

Cacha revealed that Calapan is now a solo winner for PCCI’s Business-Friendly City Award for this year which unlike in its two previous year where it received the said awards has tied up with the other cities.  “And this only proved that Calapan’s economy is greatly improving,” the PCCI official added.

From being a first class municipality, Calapan was converted into a city in 1998 under Republic Act No. 8475.  The last municipal mayor and first city mayor here was himself Mayor Panaligan.

As a city, Calapan was reclassified by the Department of Finance from a fourth class city to a third class category in 2010 based on its average annual income of P240 million up to P320M, in accordance with the income bracket set by the said government agency. (By JUANCHO R. MAHUSAY)

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