MORE than 2,000 businesses opened shop in Iloilo City in 2018. (Photo courtesy of Iloilo Drone Photography)
THE Iloilo City Business Permits and Licensing Division (BPLD) recorded 2,172 new businesses in the metropolis from January to December 7 of this year.
The number overshot the 2,000 target for 2018, said BPLD head Norman Tabud.
The numbers include small-scale businesses such as kiosks and stalls inside the malls and public markets, and sari-sari stores.
“Among the reasons why I think these businessmen prefer to put up their businesses here is that Iloilo City is already known as a business hub in Western Visayas. We have put in place infrastructure, roads were widened and that we maintain the peace and order in our city,” Tabud said.
They also require small-scale businessmen with few requirements for the application.
There were 13,369 businesses that renewed their permits this year, thus a total of 15,541 permits issued by BPLD.