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Home | Money Matters | SP extends deadline for biz license renewals in Oro’s markets, terminals
vehicular flow on JR Borja Street outside Cogon market improves as the Road and Traffic Administration opened it to two-way traffic and enforced a no-parking rule in the area this week. (photo by nitz arancon)

SP extends deadline for biz license renewals in Oro’s markets, terminals

Cagayan de Oro City Council during its regular session on Monday enacted an ordinance extending the deadline for the filing of business permit renewal applications in the city’s public markets and terminals from February 28, 2019 to March 31, 2019.

This is in response to the request of the officers and members of Carmen United Vendors Association (CUMVA) and CdeO-Cogon United Market Vendors Association to Councilor Ian Mark Q. Nacaya, chair of the City Council committee on economic enterprises, for the extension of the renewal period.

According to the market associations, most of the stallholders don’t have the financial capability, at present, to update their delinquencies on monthly rentals due to low sales for the past several months. They attributed the situation to the presence of “mini palengkes” and big establishments like Ororama, Gaisano, Unitop, among others.

They, likewise, cited that the implementation of the new traffic scheme around the market area and the transfer of terminals of public utility vehicles have affected their income.

The legislation was favorably reviewed and endorsed by all members of the City Council. (SP)

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