GenSan Most Business-Friendly City in the Philippines
General Santos City is in the limelight once again and for good reasons!
The Tuna Capital has just been proclaimed as the Philippines’ “Most Business-Friendly City” by the International Finance Corporation, an affiliate of World Bank after a study of doing business in 25 cities in the country was conducted.
According to their study, GenSan is the best city in the Philippines to do business in because it only takes 17 procedures and 22 days to set up a business here which is a lot better than the national average of 18 procedures and 33 days!
On the bottom of the rung is San Juan City where it takes 21 procedures and 31 days to set up shop!
Here are the ranks of all these 25 cities in terms of ease in doing business in the country. (Take note of the ranking of the country’s richest cities, Quezon [#12] and Makati [#20])
- General Santos City
- Davao City
- Taguig City
- Valenzuela City
- Lapu-Lapu (Metro Cebu)
- Zamboanga City
- Cebu City
- Marikina City
- Mandaluyong City
- Pasay City
- Caloocan City
- Quezon City
- Mandaue City
- Cagayan de Oro City
- Navotas City
- Malabon City
- Manila City
- Batangas City
- Paranaque City
- Makati City
- Iloilo City
- Muntinlupa City
- Pasig City
- Las Pinas City
- San Juan City
Doing Business in the Philippines 2011 (the name of the study) says that “New firms are created and job opportunities multiply when starting a business is made easier. Research shows that when registration becomes faster and costs are cut, more firms enter the market.“
With that statement, think Robinsons Place GenSan, think SM City GenSan, think Sun City Suites, etc. and why they chose to invest here.
The study which was commissioned by the International Finance Corporation together with the Asian Institute of Management Policy Center, with funding from the Canadian International Development Agency, the USAID, the AusAid and the Investment Climate Advisory Services of the World Bank Group takes note of the various procedures in business regulations all throughout the country.
From it came the conclusion that the biggest challenge for local businessmen and entrepreneurs in the Philippines are the high number or procedures, the high fees and requirements.
But in General Santos City however, things are looking up!
Congratulations to the local government of GenSan for this feat which certainly was due to the hard work they did in conceptualizing a ONE-STOP SHOP for business registrations which they keep on improving year after year, ending up with the PBA Lounge during the time of the former Mayor Jun Acharon which will surely be replicated or bettered by the new administration of Mayor Darlene Custodio in 2012.
Lumevel-up na talaga ang GenSan!!!
Tagged asian institute of management, General Santos City, International Finance Corporation, Local Government of General Santos, Most Business Friendly City, World Bank
Tweets that mention GenSan is Most Business-Friendly City in the Philippines | GenSan News Online Mag -- Topsy.com12/09/2010 at 7:45 AM
[...] This post was mentioned on Twitter by Avel Manansala, Avel Manansala. Avel Manansala said: GenSan is Most Business-Friendly City in the Philippines http://goo.gl/fb/bTEli #gensannews [...]
Ian Mark (^_^)12/09/2010 at 8:32 AM
Wow! This is one of great recognition given to our beloved City Of General Santos!! Indeed, the city is a business friendly zone for all types of business/firms for aside from the current recognition of the least number of procedures to apply for business shop/s, the city also is in its perfect location for it is in the center among 2 largest provinces in Mindanao and in the Philippines, the South Cotabato and Sarangani Province, thus, is the market for town/s, cities, and municipalities around its perimeter..
This great achievement must be given recognition to our LGU of General Santos from former Mayor Jun Acharon Jr. to our ever active present Mayor Darlene Custodio – Antonino.. Great job for our LGU and a great job also for the Generals and we all congratulates ourselves for we are part of this recognition!! (^_^)
MABUHAY GENSAN! MABUHAY GENERALS!
MAGANDANG GENSAN!! INDEED! (^_^)
GorG12/09/2010 at 9:04 AM
Congratulations to the Local Government of General Santos especially! really proud to be a General!!!
Faust12/09/2010 at 10:02 AM
the generals now must be very proud of gensan’s accomplishments.. mabuhay kayo..
Rue Ramas12/09/2010 at 4:33 PM
Very good news, Avel. But I wish you expounded more on the why’s our beloved city was voted as such. More than the speedy business registrations, what made us more unique and business-friendly in comparison to other cities? Thanks.
Concerned one12/09/2010 at 4:34 PM
Yeah most friendly city but when i entered the city yesterday, may tumambad kaagad na malapad na swimming pool sa PNP station sa lagao. And the FM station where i am listening to keep on saying WOW Gensan!.. Pagpasok pa lang ng city proper wow n wow ka sa lapad ng baha sa daan,,
nice A12/09/2010 at 6:34 PM
Wow, galing tlga ng Gensan! I will see that when I put up my own business there, char:)
gensanite12/09/2010 at 6:39 PM
this is what you call GREAT NEWS!!! dapat na itong i-balita all over, at ipagkalat sa blogosphere para naman maka-enganyo tayo ng mga investors in time for 2011… congratulations, General Santos City!!!
White Knight12/09/2010 at 9:45 PM
I completely agree to the IFC proclamation that indeed GENERAL SANTOS CITY is now officially recognized as the No. 1 “The Most Business-Friendly City in the Philippines” by the World Bank. This only shows that indeed our beloved city has gone a long way. We have even surpassed top cities in the Philippines : Metro Manila, Cebu & Davao. What a humbling recognition is this!
Our local government should now capitalized this prestigious recognition and award given. Remember, this is not just ordinary recognition, this was done by a thorough study and by a reputable governing agency such IFC & World Bank.
So to all of us Generals, Cheers and Congratulations for more years of success and challenges ahead. Thank you..
Toinks12/09/2010 at 11:01 PM
OMG…Wow Magandang GenSan indeed! Umpisa pa po ba ito? Hmmm…Aiming for a Global GenSan indeed! Pero please lang ang atoang International Airport kanus-a mana magkaroon ng aerobdiges og magkaroon ng night flights and international flights? Global GenSan na daw ta beh…please. Congratulations! and more power!
Toinks12/09/2010 at 11:03 PM
Ug atoang mga tricycles sa atoang mga major thorough fares…unsa may maayong buhaton ani ah…hehehe
Amie12/09/2010 at 11:14 PM
Congratulations to the local government for the job well done! Gensan is a model for the whole country by leading the way in minimizing if not eliminating too much bureaucracy that slows down development. Congratulations generals!!!
Amie12/09/2010 at 11:17 PM
ps: i share ko sa profile ko sa facebook kuya Avel ha…This is a very inspiring post for generals especially those who are far from home like me…
Khalid of KSA12/10/2010 at 7:52 PM
I hope that this will attract more investments to our City being proclaimed as the most business friendly. More improvements are needed in our transportation sector, traffic light system, road widening, maintain peace & order. Mabuhay to our LGU’s. keep up the good good.
bsit_mark(^_^)12/11/2010 at 2:11 PM
Ako din sir avel.. i would like to ask permission to post it on my profile sa fb.. its one recognition given to us that we should be proud of and must be shared.. thanks. (^_^)
fahdingding12/19/2010 at 12:23 PM
WHOA! Congrats to our beloved city of GENSAN!
Now, let’s expect for more INVESTMENTS…
I’m really proud of our city…
But the most CREDIT should go to our LGU!
Keep it up! Congrats!
MAGANDANG AT MAUNLAD NA GENSAN!
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