Daet LGU recognizes top performing business establishments

Mayor Tito Sarion
DAET, CNORTE--Some 18 top performing business establishments in 2013 here were recently cited by the local government unit for their high gross sales and corresponding business taxes paid last year.

Mayor Tito Sarion of this town said that at the beginning of every year, business establishments were recognized for their high gross sales that captured the market in their particular industry, much as business owners renewed their business permits and pay corresponding tax early or on time.

Sarion, who led the awarding of plaque of recognition to the establishments, said that the citation is one way of encouraging the business sector to report their actual gross income and pay corresponding taxes to help the local government in its revenue collection efforts utilized to fund the various government program, projects, initiatives and activities..

He said that the municipal government unit has collected more than P39.6 million last year from business related taxes and fees, that is P1.3 million higher compared to P38.3 million in 2012.

Among the top performing business establishments in banking industry were Land Bank of the Philippines (LBP) and Catherine Torres of Rural Bank of San Vicente, Camarines Norte, ranked first and second respectively, Superlines Transportation Inc. and Narciso Morales of D.L.T.B.Company topped the transportation sector.

Bicolandia Drug Corporation of the Mercury Drug Daet, Gov. Panotes Branch and South Star Drug Vinzons Ave. ranked first and second, respectively, for pharmaceutical while Family Merchant Project Development Corporation and Emmanuel A. Lo of Great Wall Engineering were top contractors and developers.

Meanwhhie, PMTC Inc. and Coca Cola Bottlers Phils. Inc. topped in the manufacturing industry. Jack Trading Inc. of HP Supermart and Tanzo Prime Goods Source were performers for retailing while Danny Ong of New Helen Trading and RT Montana Distributor Corp. for wholesaling industry.

The StarHarvest Food Inc. of Jollibee Pimentel and RNM Food Corporation of Jollibee Bayan topped the food chain industry; and on the other hand Leon Hernandez Memorial Hospital and Central Hospital Corporation of Our Lady of Lourdes Hospital were awardees for hospital and medical services.(MAL/RBM-PIA5/Camarines Norte)


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