Business

Over 22,000 business permits renewed in Cagayan de Oro

Jo Ann Sablad

A TOTAL of 22,633 establishments in Cagayan de Oro have their business permits renewed from January 3 to March 1, 2023, the Business Permits and Licensing Office (BPLO) reported.

According to BPLO head Jason Adaza, the said figure is 28 percent more than what the BPLO recorded last year of the same period, which is 17,537.

It also exceeded the expected number of business permits renewed. at 20,000, by the end of the renewal period.

Based on the data presented by the BPLO, of the 22,633, 1,108 has opted to do their business permit renewal transaction online.

Most of the businesses that have filed for the renewal of their business permit were retailers, which is at 4,822. This is followed by establishments providing services, at 3,257; sari-sari stores, at 2,884; and lessors, at 1,325.

Meanwhile, 1,387 new businesses in Cagayan de Oro have applied for their business permits.

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