New business registrants in Dagupan City up 38%

DAGUPAN CITY — The One Stop Business Center (OSBC) here recorded 733 new businesses in the city in 2017, higher by 38.56 percent from 529 new business registrants the previous year.

OSBC officer-in-charge Randolf Ubando, in an interview on Monday, said most of these new businesses are in the retail industry, such as sari-sari stores, grocery stores and general merchandize.

Ulbando said rental businesses like apartments and commercial space are next on the list, followed by service industries such as hotels and restaurants.

“Most of these businesses are located in the city’s Central Business District (CBD), while others are situated in the new growth centers as per the latest Comprehensive Land Use Plan, which are currently being eyed as the next CBD in the city,” he said.

Ulbando further said they have surpassed their 10-percent annual target for new business registrants.

The city now has 4,569 new and renewed business registrants, wherein 277 are new business registrants as of April 16, he added.

Ubando attributed the rising number of investors and businessmen in the city to its capability to receive more business players, which marks a good business profile for Dagupan City.

“We are doing tax mapping and we send letters for other businesses who are not yet registered, but so far, we have high compliance of business registration in the city,” he said. Ahicam Pasion/PNA-northboundasia.com



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