A total of 14,616 establishments in Cagayan de Oro City have renewed so far their business permits as of January 27, 2023, a 40 percent increase as compared to the same period last year with only 10,231 permits, the Business Permits and Licensing Office under BPLO head Jason Adaza reported.
Of the figure, 969 businesses opted to do their business permit renewal transaction via online.
According to BPLO, business establishments who renewed their business permits were categorized as retailers with 2,880, while 2,160 are engaged in services, 1,906 sari-sari stores, 948 lessors, and 311 general merchandise.
The said office is expecting more than 20,000 businesses to file their renewal by the end of the extended renewal period, which is on February 28, 2023.
(News & photo courtesy of Cagayan de Oro City Information Office Facebook page)