Breaking News
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)


About mindanao goldstar daily

mindanao goldstar daily
TREND MAKER. Mindanao Gold Star Daily was established in 1989 to set ablaze a new meaning & flame to the local newspaper business. Throughout the years it continued its focus and interest in the rural areas & pioneered the growth of countryside journalism.

Check Also

AboitizPower posts 6% income growth to P21.7 billion in 2018

For 2018, AboitizPower recorded a net income of P21.7 billion, 6% higher than the P20.4 ...

DISCLAIMER: We welcome fiery exchanges but we do not tolerate ad hominem attacks, casting criminal and false aspersion on our reporters and opinion writers. We reserve the right to delete, reproduce or modify comments posted on our website without prior notice.

POSTING RULES: Do not use obscenity. Stick to the topic discussed. Do not veer away from the discussion and be respectful at all times. Do not use CAPITAL LETTERS as this means shouting in the thread.