The Baguio Filipino - Chinese Community and the City Government launches the scheduled events and activities for Spring Festival 2020, an institutionalized celebration in Baguio City which is now on it's 27th year, Highlighting the festivities will be the colorful parade in the afternoon of January 27. (Carlito Dar/PIA CAR)

Artistic Baguio. Museum visitors and students looks at the artistic works of the Baguio City National High School Special Program in the Arts students. BCNHS, in partnership with the Baguio Museum, opens Friday (Jan. 17) an Art Exhibit dubbed as “Tales of our City: Retold by the youth that features literary, media, visual arts and crafts produced by the BCNHS - SPA students and for the opening program they also showcased band and rondalla performance. (Carlito Dar/PIA CAR)

Spring Fest 2020. The Baguio Filipino - Chinese Community and the City Government launches the scheduled events and activities for Spring Festival 2020, an institutionalized celebration in Baguio City which is now on it's 27th year, The Traditional Chinese Dragon dance will be among the highlights in colorful parade set in the afternoon of January 27. (Carlito Dar/PIA CAR)

Baguio young artists. Special Program in the Arts students in a photo opportunity with known Baguio - based artist Tor Alvarez Sagud, the author of the Illustrated guide book,

Galant Police. Baguio City officials headed by Mayor Benjamin Magalong and Congressman Mark Go awards citation to Patrolman Julius Walang for his gallantry in apprehending a taxi driver who tried to speed away and almost ramming the police. Similar citation was also awarded to rider Jaazerdallas Bandonil Chommog who assisted Walang in the incident. (Carlito Dar/PIA CAR)

Cordillera Athletic Meet. Officials from the Department of Education and the City Government of Baguio and other key stakeholders affirms their commitment of support, as they launched the Cordillera Administrative Region Athletic Association (CARAA) 2020 in a Kapihan media Forum at the Baguio City Hall, Wednesday. Around 6,000 student athletes and school officials are expected to join the regional athletic meet setin February 16 to 21. (Carlito Dar//PIA CAR)

Members of the Baguio City National High School Special Program in the Arts showcases the theme song, specifically prepared for the Cordillera Administrative Region Athletic Association (CARAA) that is set to be hosted by Baguio City on February 16 to 21 with over 6,000 student athletes and school officials participating.

Baguio young artists. Special Program in the Arts students in a photo opportunity with known Baguio - based artist Tor Alvarez Sagud, the author of the Illustrated guide book, "Igorotak". BCNHS, in partnership with the Baguio Museum, opens Friday (Jan. 17) an Art Exhibit dubbed as “Tales of our City: Retold by the youth that features literary, media, visual arts and crafts produced by the BCNHS - SPA students and for the opening program they also showcased band and rondalla performance. (Carlito Dar/PIA CAR)

La Trinidad to offer investors tax holiday

LA TRINIDAD, Benguet, August 14 (PIA) - - To attract local and foreign investors in the locality, the local government is offering tax and other forms of incentives to new and also to some qualified existing investors.

 

The local government which is undertaking information education campaign on investments intends to implement this year the  investments and incentives code passed in 2017.

The purpose of the passage of the code is to attract new investors and sustain existing investments and encourage their expansion to create and maintain a business-friendly environment that will boost economy as it creates job opportunities, increase revenue and income, provide employment, and  also a way to alleviate poverty.

Local Investment Officer designate Valred Olsim who also is the current Municipal Tourism Action Officer presented to entrepreneurs the concept, processes and details of the incentives for investors during the Micro Small and Medium Entrepreneurs (MSME) Development Week held from August 10-16, 2019.

Incentives underscored in the code are categorized into fiscal and non-fiscal incentives for new and likewise existing investors that have plans to modernize, diversify or expand their business ventures.

Fiscal incentives include local business tax holiday for two to five years depending on the critera which they fall. They will also be exempted from permit fees except those that defray municipal services like garbage fees.

Non-fiscal incentives are general assistance which includes networking, identification of suppliers and partners, participation in business promotion events, assistance in the provision of general services including the provision of relevant data, assistance in site validation among others.

In encouraging investors, Olsim has this to say, “If money is idle, it does not accelerate economic growth but if invested it produces repercussions in the local economy as it creates livelihood and employs people.” 

Covered in the incentives packages are identified investment priority areas (IPA) such as agricultural production, infrastructure, tourism facilities, manufacturing and assembly, agri-business and food processing, property development, financial institutions such as banks among others.

In order to be entitled to the incentives, they need to be accredited, said Olsim. The first step an investor needs to do is to register with the Local Investment Board (LIB) through the Investment Assistance and Promotions Office.

Requirements include a duly accomplished and notarized form; certified true copy of primary registration of the applicant such as those issued by the Department of Trade and Industry, Securities and Exchange Commission (SEC) or the Cooperative Development Authority; if started operation, latest available comparative audited financial statements received by the Bureau of Internal Revenue and the SEC for corporations; proof of proposed place of business; payment of P1,500.00 non-refundable fee except for micro enterprise; and  publication of application in newspapers of general circulation.  

Investor application will yet be evaluated and approved by the LIB prior to the issuance of a certificate of registration which spells out the fitting  incentives.

Upon grant of registration, the applicant has to pay a processing fee amounting to P15,000.00 for small enterprises or P15,000.00 for big enterprises.  

Apart from processed food, woven fabrics, novelty items on display and for sale in the Micro Small and Medium Entrepreneur Development Week event, also showcased were wedding paraphernalia and reception need. (SCA-PIA-CAR, Benguet)

There are conditions to comply with in order to avail of the incentives such as adherence to the implementing regulations and terms and conditions. The board has a visitorial power or an inspection and supervision powers to validate such that if it does not comply with the conditions, it would be a sufficient basis to revoke the issued registration.

But there are yet some relevant provisions that need to be incorporated to the code prior to its implementation. Olsim said the council is looking into the approval of the amended code within two months. One provision is synchronizing the new policy on ease of doing business timeframe.  

To date there are a total of more or less 8,000 entrepreneurs in the municipality categorized as micro to medium.

In the 2018 Cities and Municipalities Competitiveness Index (CMCI), the town placed 4th in economic dynamism and landed 18th in the overall most competitive municipality.  The CMCI results serve as benchmark for government agencies and investors for budgeting or investing. (SCA-PIA-CAR, Benguet)

By Susan C. Aro

Baguio

  • Filipino – Chinese community, Baguio LGU launch Spring Fest 2020

    BAGUIO CITY, Jan. 15 (PIA) - - Strong community ties and partnership  is  showcased again by the Filipino – Chinese community and the City Government of Baguio  as they launched the Lunar or Spring Festival 2020 at the regular flag raising ceremony at the City Hall grounds Monday morning.

  • CHSO reminds parents on importance of child vaccination

    BAGUIO CITY, Jan. 16 (PIA) - - The City Health Services Office( CHSO) stressed the importance  of child vaccination  and  reminded  parents to check the vaccination records of their  children to assure  their  protection from vaccine preventable diseases.

  • UC, Cauayan HS win Cordillera, Region 2 NBTC plums

    BAGUIO CITY – The University of the Cordilleras (UC) survived on Friday a gritty University of Baguio High School (UBHS) then went on to stop Tabuk City, 78-62, to win the National Basketball Training Camp (NBTC) regional finals for Cordillera and Region 2 (Cagayan Valley) at the UB gym.

  • TIEZA funds rehabilitation of Burnham Park, Banaue Hotel

    BAGUIO CITY, Jan. 7 (PIA) -- The Tourism Infrastructure and Enterprise Zone Authority(TIEZA)   is  set  to  fund  the rehabilitation works at the  Burnham Park here and the Banaue Hotel and Youth Hostel in Ifugao  in line with its mandate to ensure sustainable tourism infrastructure development.

  • CSC reminds Jan. 15 deadline of application for March Career Service exams

    BAGUIO CITY, Jan. 8(PIA) -- The Civil Service Commission – Cordillera(CSC-CAR) is encouraging individuals interested to enter government service to apply now  for the March 15, 2020 Career Service Examinations (CSE)  while slots are  still available.

Benguet

  • CAR farmers appeal to Mayor Isko on Divisoria closure this weekend

    LA TRINIDAD, Benguet, Jan. 15(PIA) -- Vegetable farmers and traders from the Cordillera region are appealing to Manila Mayor Isko Moreno Domagoso to allow them to deliver and sell their produce amidst the planned three-day closure of the roads going to the Divisioria Market this weekend.

  • La Trinidad flood study underway

    LA TRINIDAD, Benguet, Jan. 16 (PIA) - - The local government is undertaking an evaluation  of  the flood situation of this  capital town as an initial step for a full-blown study that would address the perennial flooding problem in the valley.

  • Mayor Isko allows highland vegies in Divisoria during Sto Nino feast

    LA TRINIDAD, Benguet, Jan. 17(PIA) -- Cordillera farmers may be allowed to deliver and sell their produce at the Divisoria Market during the Feast of the Santo Niño de Tondo this weekend.

  • Kibungan LGU crafts FOI measure

    LA TRINIDAD, Benguet, Jan. 8 (PIA)  - - The local government of Kibungan crafted its Freedom of Information (FOI) measure in recognition of the importance of people’s right to government information.

  • BFAR-CAR turns over fiberglass boats to Ambuklao fisherfolks

    BOKOD, Benguet, Jan. 10(PIA) -- The Bureau of Fisheries and Aquatic Resources-Cordillera (BFAR-CAR)  last week turned-over motorized fishing boats made from fiberglass to fisherfolks of Sitio Kiweng, Barangay Ambuklao   this town.

Mt. Province

  • 11 CTGs surrender in Mountain Province

    BONTOC, Mountain Province, Jan. 17(PIA) -- At least 11 members of the communist terrorist group(CTG)  who surrendered to government forces were presented on Wednesday(Jan. 15 ) at the Camp Montes here.

  • Poblacion Bontoc is outstanding Lupong Tagapamayapa in Mt. Province

    BONTOC, Mountain Province, Jan. 10(PIA) – The Department of Interior and Local Government (DILG) and the provincial government extol the lupong tagapamayapa in their crucial role in conflict resolution in the barangays as they awarded recently the barangay justice committee of Poblacion of this capital town as the outstanding   in the province.

  • Solar-powered rice insect trap leads winners in RICE 2019

    BONTOC, Mountain Province, Nov. 22 (PIA) - - A solar-powered light trap for rice insect created by three students from Camalog National High School of Pinukpuk, Kalinga wins the SIBOL Award – Student Creative Research for High School category of the 2019 Regional Invention Contest and Exhibits (RICE) held  on November 19 – 20 here.

  • DOST brings Reg’l S&T roadshow to the people of Mt. Province

    BONTOC, Mountain Province, Nov. 21 (PIA) - - In line with its  goal of bringing science for the people, the Department of Science and Technology(DOST),  holds the annual Regional S&T Week here that generally aims to promote science, technology and innovation as a driver of development especially in the countryside.

  • Besao LGU confiscates frozen pork products

    BESAO, Mountain Province, Nov. 22(PIA) -- The local government here showed that it is serious in implementing the provincial ban on the entry of live swine/pigs, fresh and frozen pork, and pork products into the province to prevent the entry of African Swine Fever (ASF).

IFUGAO

  • Ifugaos honor their sports champions,achievers

    LAGAWE, Ifugao, Jan. 16(PIA) - - Ifugaos honored their local sports champions and achievers in an honorary victory motorcade and “Heroes” welcome on Saturday, January 11.

  • NPA supporter surrenders in Tinoc

    TINOC, Ifugao, Jan. 16 (PIA) - - The Militia ng Bayan (MB) member  here has surrendered to authorities to have a peaceful life.

  • DSWD officials enjoin RDPs to aim for better life, community

    KIANGAN, Ifugao, Jan. 10 (PIA) - -Top officials of the Department of Social Welfare and Development (DSWD) enjoined recovering drug personalities (RDPs) in the province to aim high in life for community and nation building.

  • DOLE reminds Jan. 15 deadline of 13th month pay report

     LAGAWE, Ifugao, Jan. 10 (PIA) - - Private employers and establishments in the province are reminded to submit  until January 15 report to Department of Labor and Employment-Ifugao (DOLE-Ifugao) on  their  compliance to  the 13th-month pay law.

  • Ifugao social workers oriented on Alternative Parental Care

    LAGAWE, Ifugao, Dec. 26 (PIA)- -Social workers from the different Municipal Social Welfare and Development Offices (MSWDOs) were  recently oriented on the Alternative Parental Care Program (APCP) of the government  to  equip them  with better knowledge and skills towards the better implementation of the program.

celogo

CONTACT US

(074)661-5599

Globe:0917-558-5303

321B Lopez Bldg., Session Road, Baguio City

press@cordilleraexpress.com