MAYOR NEIL LIZARES is positive on Talisay City’s business prospects for 2023 with the Business Processing and Licensing Office (BPLO) headed by Joubert Polanco recently published 2022 Investment Report.

The City of Talisay is on the road to full recovery post pandemic with TOTAL INVESTMENTS for the year 2022 up by 10.6% to Php10.5 billion from Php9.5B in 2021 with the breakdown showing Php64.4 million in NEW INVESTMENTS and Php10.4B in GROSS SALES OF RENEWALS last year.

The increase in investments for 2022 is backed up by the strong generation of BUSINESS INCOME increasing to Php73.0M in 2022 from Php61.6M in 2021, up 18.5%. BUSINESS TAXES generated the most revenue reaching Php68.1M in 2022 from Php57.1M in 2021, up 19.2%. Followed by REGULATORY FEES up by 9.6% to Php3.5M from Php3.2 while revenue from MAYOR’S PERMIT is up 11.5% to Php1.4M in 2022 from Php1.2M in 2021.

Backing up the rosy picture is the increase in the NUMBER OF NEW REGISTERED BUSINESS ESTABLISHMENTS to 236 in 2022 from 191 in 2021, an increase of 23.6% with 50.8% single proprietorships owned by women.

Furthermore, employment generated as shown in the NUMBER OF PEOPLE HIRED reached 8,117 in 2022 from 8,011 in 2021, up 1.3%. A total of 593 and 7,524 employment was generated in the new business and renewals respectively.