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Updates on the Investments Scene

Preparations Underway for 2nd Bicol Business Summit

The Metro Naga Chamber of Commerce and Industry (MNCCI) proudly presented the upcoming 2nd Bicol Business Summit to the new city mayor, Mayor Leni Robredo, last July 2, 2025. Serving as the official opening of the Bicol Business Month, the summit is envisioned as a dynamic avenue for investors, entrepreneurs, industry leaders, and business enthusiasts to explore new opportunities and meaningful partnerships. The event will feature a diverse lineup of activities, including insightful talks from field experts, high-value networking opportunities, investment and market matching sessions, trade exhibits, product demonstrations, and brand exposure. These aim to foster growth and coopetition across…

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“There is a direct relationship between brain drain and poverty of a region. Understanding this, I courageously founded over a decade ago my first formal startup, an Apple iPad POS company, with the goal of creating job opportunities that will make our best and brightest software engineers stay in Naga City. It was very, very difficult then. Today, this ordinance, I foresee, will encourage more founders and startups to flourish in our Maogmang Lugar. Then give them 2-3 years, our city will begin seeing their contribution to the local economy and job creation through their innovative products and services, coupled with newer business models. This could be our way to becoming a ‘Startup City’.”

Magno Edilberto R. Conag III

CEO, Nueca Technologies Inc.

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