Mambajao LGU set to hold business and investment forum

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CAMIGUIN, Mambajao, Nov. 16 (PIA) — Targeting to boost its economic situation, the local government of Mambajao is set to convene all business operators and investors for a 2-day business and investment forum, before the year ends.

Mayor Ma. Luisa De La Fuente Romualdo said the first day of the forum will focus on updating local business players on the town’s new business tax policy system, as well, as in matters of business permits and licensing.

Romualdo said it will also involve small scale business operators, like sari-sari store owners and other industry players.

On the 2nd day, the local government unit (LGU) will open up opportunities for investments and provide a platform in tapping new investments or business partnerships, where investors are presented with potential business ideas and opportunities they could bank in.

The strategy will go through three phases: Phase 1 covers investment promotion and servicing, Phase 2 focuses on barangay profiling and Phase 3, the actual investment forum.

This year’s business and investment forum is on its 2nd lap already, as it was conceived and started by the local officials, last year.

A week after this, the LGU will send out a team around town to do spot inspection in business establishments to strengthen the local government’s tax collection efforts, Romualdo added. (PIA 10)

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About Camiguin News Bulletin

The Philippine government operates a nationwide institution established to respond to the information needs of the citizenry, thus, the PHILIPPINE INFORMATION AGENCY was created in 1986 by virtue of Executive Order 100 signed by former President Corazon C. Aquino.

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