Metro Business articles
Noma, Makati’s new stomping ground
With a prime location that’s a few minutes away from the bustling Makati CBD and known for its vibrant art, music, and food scene, North Makati or NOMA has turned into a land of promise for every young professional, artist, and entrepreneur. Now, NOMA welcomes the community’s newest hub...
BIR files P156-m tax case vs Makati BPO firm
The Bureau of Internal Revenue (BIR) said it filed a P156-million tax case with the Department of Justice against System Encoding Corp. (SENCOR) and its management led by president Michael Victor Martel. It said the case allegedly involved several counts of willful attempt to evade or defeat the pa...
Makati collects P14.2 billion in revenues
Makati City said it collected P14.2 billion in revenues as of July 2019, representing 83 percent of its full-year revenue target of P17.1 billion. The City Treasurer reported to Mayor Abby Binay that the city government was on track with its revenue target of P17.1-billion for the year, noting...
Business leaders laud Makati for faster processing of permits
The Makati Business Club (MBC) on Thursday lauded Makati Mayor Abby Binay for making it easier to do business in the city. At a roundtable meeting hosted by the MBC at Ayala Tower One, Ayala Corporation President and COO Fernando Zobel de Ayala expressed his appreciation for the efforts of the mayo...
Makati to ink joint venture for the metro subway project
Makati Mayor Abby Binay will sign a historic joint venture contract with Philippine Infradev Holdings, Inc. (formerly IRC Properties, Inc.) for the first metro project in the city. Makati City Subway, known as MkTr, would connect important points such as the present Central Business District along ...
Makati City Council approves $3.5-billion intra-city subway
Last Friday, the Makati City Council endorsed the public-private partnership project (PPP) to build, run and maintain the US$ 3.5 billion, or P178 billion, intra-city metro.The local government said that subway project will be the biggest PPP in Makati City. In this initiative, the Philippine Infra...
Makati to auction delinquent real properties
The Makati City government on Friday announced that it was set to conduct a public auction of real properties with delinquent tax payments amounting to P1.73 billion. The Office of the City Treasurer will set the auction date, said Atty. Michael Camiña, city legal officer. Camiña sai...
Makati to open satellite realty tax payment centers
The Office of the City Treasurer of Makati will open 31 satellite realty tax centers on scheduled dates in different barangays starting July 2, Tuesday, for real property owners with taxes due in the third quarter of 2019. “Real property owners in the city are encouraged to take advantage of ...
Makati attains 71% of revenue target for 2019
Makati Mayor Abby Binay on Tuesday said the city government collected a total of P12.1 billion in revenue, equivalent to 71 percent of the total revenue target for the entire year, as of May 31. Binay expressed confidence that the city would again surpass its revenue target for the year as it had i...
Makati collects 56% of 2019 revenue target in February
Makati City has achieved 56 percent, or P9.51 billion, of its revenue target for the entire year of P17.12 billion in just two months. Mayor Abby Binay said the city surpassed the total collection for the same period last year by 11 percent, citing a report from City Treasurer Jesusa Cuneta. &ldqu...
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