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Private sector gains confidence to reopen business

(Photo from Marco Polo Davao) DAVAO CITY - The City Tourism Operations Office (CTOO) here on Monday said the economic outlook is well on its way to recovery as the city's first five-star Marco Polo hotel has promised to reopen this year. "It is very welcome news. Marco Polo is an icon in Davao City's tourism industry. To have it reopen signifies that the management is confident with the economic outlook of the city and its ability to bounce back after the pandemic," CTOO chief Generose Tecson told Philippine News Agency (PNA). One indicator of the revival of the city's economic vigor is the notable increase in applications to renew their business permits, she added. In February 2022, the Davao City Business Bureau processed 38,832 business renewals, noting the 162 new business registrations in January. At the onset of the pandemic, Marco Polo Davao ceased operations affecting more than 200 hotel workers. The Apo View Hotel also temporarily closed in 2021 but annou ....

Davao City , Marco Polo , Generose Tecson , Francis Ledesma , Halifax Davao Hotel Inc , Department Of Tourism , City Tourism Operations Office , Apo View Hotel , Marco Polo Hotel Davao , Philippine News Agency , Davao City Business Bureau , Marco Polo Davao , Mindanao Journal , Davao Region , Tanya Rabat Tan , Hoto From Marco Polo Davao City The Tourism Operations Office Ctoo Here On Monday Said Economic Outlook Is Well Its Way To Recovery As 39s First Five Star Hotel Has Promised Reopen This Year Quot It Very Welcome News An Icon In Industry Have Signifies That Management Confident With Of And Ability Bounce Back After Pandemic , Uot Ctoo Chief Generose Tecson Told Philippine News Agency Pna One Indicator Of The Revival City 39s Economic Vigor Is Notable Increase In Applications To Renew Their Business Permits , He Added In February 2022 , He Davao City Business Bureau Processed 38 , 832 Business Renewals , Oting The 162 New Business Registrations In January At Onset Of Pandemic , Arco Polo Davao Ceased Operations Affecting More Than 200 Hotel Workers The Apo View Also Temporarily Closed In 2021 But Announced Its Resumption Of Early 2022 According To Mindanao Journal Report On Sunday , He Management Of The Marco Polo Hotel Davao Confirmed That Reopening Is Underway It Was Also Assured Former Employees Will Be Given Priority In Hiring Process Its Owner , Francis Ledesma , Resident Of Halifax Davao Hotel Inc , Aid They Will Start Soon With Rehabilitation ,

Philippine businesses on the brink from Covid-19 and policy: Inquirer

Philippine businesses on the brink from Covid-19 and policy: Inquirer
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