economy – CITY OF NAGA

City’s economic enterprises to help boost LGU’s budget

CEPPIO Naga — Fri, 06 Jan 2023 10:00:40 +0000

MAYOR Nelson Legacion on Tuesday, January 3, said that the city’s P1.5 billion annual budget for 2023 may be boosted by the funds from local economic enterprises of the city government which triumphantly earned more from their operations or were able to surpass their individual targets last year.

Legacion, in a press briefing, said that the Market Enterprise and Promotions Office (MEPO) was able to earn P62 million, which is higher than its P52-M target last year. At least P10-M was generated as additional funds for this year’s budget.

The City Mayor said that he is still waiting for the financial reports to be submitted by the Bicol Central Station, and the Naga City Abattoir to verify possible excess funds from their collections in the previous year.

He said that he is hoping that more funds will be generated from the surplus of these local economic enterprises, which, he said, will finally be determined by the end of the first quarter of 2023.

The Mayor said that the annual budget for 2023 is P1.5-B which is lower by around P150-M compared to last year’s annual budget. Like any other LGU, the City Government of Naga obtained a reduced share from the National Tax Allocation due to the economic impact of the Covid-19 pandemic.

He said that the decrease in the 2023 annual budget will directly affect the operations of the local government. He, however, assured the Nagueños of implementing various approaches to be able to lessen its effect by way of implementing certain measures that will lead to the reduction of the LGU’s operational cost.

Despite the depletion in this year’s budget, the local chief executive assured that his administration will not terminate any employee just because of the LGU’s shaky fiscal positioning. He, however, emphasized that his assurance does not cover those employees who have violated work policies and regulations, committed immoral acts, or have involved in illegal drugs.

(Jason B. Neola/Paulo Delos Santos, CEPPIO.)

Pork price sa Naga pigbawasan

CEPPIO Naga — Wed, 24 Aug 2022 02:30:13 +0000

PIGKUNPIRMAR ni City Councilor Jesse Albeus an pagbaba kan presyo nin karneng orig sa merkado publiko kan syudad nin Naga huli sa mantenidong supply nin livestock.

Segun ki Albeus, chairman kan Consumers’ Protection Committee kan Sangguniang Panlungsod, nanutaran kan mga nakaaging semana an halangkaw na presyo kan pork sa Naga City People’s Mall na nag-abot sa P350 per kilo huli sa irregular na supply buhay na orig.

Huli digdi, napag-uyunan sa committee hearing kan Setyembre 19 na pig-atendiran kan Department of Trade and Industry, Department of Agriculture, Naga City Abattoir, Market Enterprise and Promotions Office asin kan Naga City Meat Vendors Association na manteniron an supply kan buhay na orig sa syudad.

Sa committee report na pigheras ni Albeus manungod sa presenteng pork price sa nasambit na saudan, nagbaba sa P320 an kilo nin kasim, P340 sa kada kilo nin laman, pork ribs, P290 asin pata, 260.

(Paulo Delos Santos, CEPPIO)

Business Stimulus Program: Kasurog sa pagbangon kan negosyo

CEPPIO Naga — Mon, 08 Aug 2022 09:00:03 +0000

Laen kan pagpasobli nin fundo para sa pagbangon kan negosyo, pirming pigsisyerto kan gobyerno-lokal kan Naga na matawan nin tabang an mga Nagueñong negosyante tanganing mapakusog pa an saindang mga negosyo.

An syudad igwang pigtagamang P10-M kan 2020 para sa mga beneficiaries kan Business Stimulus Program. Bago naubos an fundo kan Enero 2022, pigdugangan ini nin P7-M kan 2021 para sa pagpapadagos kan programa sa taon 2022.

Poon Setyembre 2020, maabot na sa P9.8-M an naipaluwas na fundo kan lokal na gobyerno para sa mga negosyong naipit kan pandemya. Kan poonan an pograma kan 2020 sagkod kan nakalihis na Hulyo 2022, igwa na nin 157 na negosyong pigtabangan an nasambit na programa. Kabali sa mga nagbenepisyo an 452 na mga tauhan o empleyado kan mga negosyante na padagos na nakakapagtrabaho.

Segun ki Benjamin Jose de Asis, project evaluation officer II kan Metro Naga Public Employment Service Office (Metro PESO), na mandato kan saindang opisina na tabangan an pag-asenso kan mga negosyo.

Sa lindong kan Business Stimulus Program, an LGU Naga nagtatabang sa mga negosyo sa paagi nin pagpasobli nin fundo na dae nin interes o zero-interest loans. Sa 157 na negosyo, 141 an padagos na nagbabayad mantang 16 an fully paid na.

Sa 16 na negosyong nakapagbayad na kan saindang loans, 7 an liwat na nagsobli nin kwarta tanganing dugangan an saindang kapital asin swelduhan na katabang sa negosyo.

(Jason B. Neola, CEPPIO. Retrato kua ni REY BAYLON, CEPPIO.)

Civic events kan Peñafrancia fiesta tabang sa ekonomiya

CEPPIO Naga — Fri, 29 Jul 2022 07:30:48 +0000

PASIRING sa pagiging normal kan dalagan nin negosyo sa syudad nin Naga an pagbosol kan mga civic events na parte kan Peñafrancia fiesta ngonian na taon. Ini an pigtawan du-on ni City Councilor Joselito Del Rosario, chairman kan Committee on Boy Scouts and Girls Scouts parade asin Drum, Lyre, and Majorette competition na ipinagtalaan sa Setyembre 14, aldaw nin Miyerkules.

Pigsaysay kan opisyal na hagad kan lokal na gobyerno kan Naga na dagos-dagos nang magin normal an operasyon kan mga industriya orog na an mga negosyong igwa nin relasyon sa pagpapakusog kan turismo sa laog kan syudad.

Nagpahayag nin pagtubod si Del Rosario na dae masasayang an paghigos kan syudad na manteniron an alert level 1 huli kan nakatalaan na selebrasyon kan pyesta, sinabi kaini na makusog na pigpapaotob man giraray kan syudad an mga health protocols asin reglamento kabali na an pagmantenir kan halangkaw na herd immunity tanganing masyerto na ligtas sa Covid-19 an tao.

An syudad nin Naga igwa nin pigtagamang P8-M bilang panggastos sa mga civic activities ngonian na pyesta.

(Jason B. Neola, CEPPIO.)

2 hotels seen to open in Naga before end of June

Jason Neola — Tue, 24 May 2022 08:00:35 +0000

NEW HOTEL The Litton Hotel along Magsaysay Avenue in Naga City which is undergoing final touches. Once becomes operational, the facility will boost the city’s capacity to accommodate more tourists and guests which, at present, has 91 hotels, apartelles, lodging houses, residences, and tourist inns with a total bed capacity of 3,000. JBN/REY BAYLON/CEPPIO

The Committee on Investment, Trade, Industry, and Economic Enterprise of the Sangguniang Panlungsod hailed as welcome development the operations of two more hotels in the city expected to begin in June, this year.

The two accommodation facilities are: the El Sancho Hotel along J. Miranda Avenue near the City Hall compound, and The Litton Hotel along Magsaysay Avenue. Both are home-grown enterprises in the field of hotel and accommodation.

City Councilor Jose Perez, chairman of the committee, said it could be a good thing if the planned opening will push through before the end of the second quarter in time for the celebration of the Peñafrancia fiesta, especially when big gatherings for civic and religious activities will be permitted due to cases of Covid-19 which continue to decline.

Every September of the year, except for year 2020 and 2021 when Covid-19 pandemic was on its height, the traditional religious event is considered to be the biggest Marian event in Asia where it draws almost a million tourists, pilgrims, and devotees from different parts of the country and abroad.

Perez said that aside from providing accommodation to big gatherings, Naga is actually a trading center where businessmen converge. “And most of these traders operate their businesses not only in Naga but in other parts of the Bicol Region as well, that is why the presence of accommodation facilities in our city are essential and highly in demand,” he said.

He said Naga’s strategic location makes it to become the region’s melting pot or a place where a variety of cultures or individuals assimilate into a cohesive whole often results in invigoration or novelty.

At present, the city has 91 accommodation facilities compose of hotels, lodging houses, tourist inns, apartelles, residences, and town houses. Around 45 of these business establishments are accredited with the Department of Tourism. The most recent to operate in the list is Summit Hotel Naga owned by the Robinsons Holdings.

Aside from El Sancho Hotel and The Litton Hotel, 2 more accommodation houses owned by local players are expected to rise soon in the city: the UMA Residences along Magsaysay Avenue and the 8-storey condominium along Blumentritt and Misericordia streets in Barangay Tinago. Both facilities are undergoing constructions.