Issue of August 5, 2018
Mt. Province

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Business sector is La Trinidad’s principal income contributor
by PIA-Benguet

LA TRINIDAD, Benguet – The business sector has a big contribution to the economy of this town, which is recognized for its relatively good competitive standing.

Business Licensing Officer Lawrence Balud reported that 56 percent of the local government unit’s revenues is generated from the business sector, allowing the town not to fully rely on its internal revenue allotment share from the national government.

Balud said the province takes pride of the LGU’s being not fully IRA-dependent, as he encouraged the entrepreneurs who attended the 3rd Entrepreneurs’ Summit last week at the municipal gymnasium to register their businesses and pay the necessary permit fees.

Processing of business permit is now fast and easy if requirements are complete, due to the streamlining of government transactions which started in 2011.

From the original 23 face-to-face encounters with each of the businessmen, the number was reduced to only four, Balud said.

La Trinidad’s overall competitive index through the years is relatively good.

Competitive index gauges productivity in terms of economic dynamism, government efficiency in the delivery of services to business clients, and presence of enough infrastructures catering to the processing of permits.

Resiliency to disaster is also a measure incorporated in the overall competitive index.

La Trinidad garnered its highest overall ranking at 14th place in 2016 among 490 municipalities. It ranked 26th among 462 municipalities in 2015.

Balud is hopeful that the LGU’s ranking in the aspects of government efficiency and resiliency will improve to obtain a higher overall ranking with collaborative efforts of the business sector and the concerned government agencies.

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PWU Baguio
Technical Education & Skills Development Authority – CAR
University of Baguio

Baguio Central University
Baguio Country Club
Benguet Electric Cooperative Inc.
Bureau of Fisheries and Aquatic Resources – CAR
Congressman Ronald M. Cosalan
Department of Health – CAR
John Hay Management Corporation
National Grid Corporation of the Philippines
New Media Services
Pag–IBIG Fund
Pines City Colleges
Sangguniang Panlungsod

Assumption Medical Diagnostic Center
Baguio Center Mall
Baguio Water District
Choobi Choobi
Congressman Mark O. Go
Councilor Leandro B. Yangot Jr.
Curamed Pharmacy
Department of Environment and Natural Resources – CAR
Department of Public Works and Highways – CAR
Department of Science and Technology
Fabulo Beauty and Image Salon
Far East Pacific Commercial
Filipino–Japanese Foundation of Northern Luzon, Inc.
Ganza & Solibao Restaurants
Gen. Benjie B. Magalong
GMS Technology
Governor Crescencio C. Pacalso
Mayor Mauricio G. Domogan
Mayor Romeo K. Salda
Mother Earth Deli Basket
Nagomi Spa
Narda’s / Sunflower Ridge
Northern Luzon School for the Visually Impaired, Inc.
Our Lady of Mt. Carmel Montessori, Inc.
Philex Mining Corporation
Police Regional Office – CAR
Regional Development Council – CAR and National Economic and Development Authority – CAR
Regional Tripartate Wages and Productivity Board – CAR
SN Aboitiz
Tony Boy Tabora
Veterans Bank

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