Tag: Revenue
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La Union’s Tourism Soars to New Heights: P1.06 Billion in Revenue Despite Fewer Visitors
In a remarkable display of resilience and appeal, La Union’s tourism sector has achieved a significant milestone by generating PHP1.06 billion in 2024, a 3 percent increase from the previous year’s PHP1.03 billion. This growth comes despite a slight dip in tourist numbers, with arrivals dropping by 2 percent from 550,359 in 2023 to 539,824…
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Davao City’s Market Operations Yield PHP134 Million in 2024 Revenue
In 2024, Davao City’s market operations brought in a total of PHP134 million in revenue, according to the City Economic Enterprises (CEE). This figure marks a 6.5 percent increase from the previous year’s earnings of PHP128.1 million. The CEE emphasized their commitment to enhancing market operations to bolster the city’s economic development. The agency is…
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San Fernando Port in La Union Sees Monthly Revenue of P600 Million
In Malasiqui, Pangasinan, it was reported that the Port of San Fernando in La Union is generating between PHP600 million and PHP800 million each month. This revenue primarily comes from the bulk shipments of essential commodities such as rice, fertilizer, fuel, and coal, as stated by the Bureau of Customs (BOC). District Collector Segundo Sigmunfreud…
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Baguio City Government Resolute in Taxing 60 Businesses in John Hay
The Baguio City government is steadfast in its plan to collect local taxes and fees from 60 business establishments within the leased area of Camp John Hay. This decision follows productive discussions with the Bases Conversion Development Authority (BCDA) and the John Hay Management Corporation (JHMC), spurred by BCDA’s official takeover of the 240 hectares…
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Baguio City Government Resolute in Taxing 60 Businesses in John Hay
The Baguio City administration is set to enhance its revenue by imposing local taxes on 60 business entities within the Camp John Hay area, following productive discussions with the Bases Conversion and Development Authority (BCDA) and the John Hay Management Corporation (JHMC). The move comes after BCDA assumed control of the 240-hectare leased section of…
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