EDGEDAVAO P 15.00 • 20 PAGES
VOL.5 ISSUE 215 • TUESDAY - WEDNESDAY, JANUARY 01-02, 2012
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Yearender report
City enterprises exceed target by EJ Dominic C. Fernandez
Culture
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T was still November, but the earnings of Davao City’s economic enterprises had already exceeded its income target for the entire year by 4.6 percent. This was reported by Jose Elmario P. Guintadcan, CEEB (City Economic Enterprises Bureau) manager in a yearend interview he granted to Edge Davao.
By 4.6 percent as of November yet As of end of November, the total collection of CEEB units reached P109,468,289, Guintadcan told this reporter. This indi-
cates an excess of P4,810,376, or 4.6 percent, of the January-December 2012 target of only P104,657,913. If the collection trend continues, Guintadcan expects total earnings from city enterprises to reach P119 million by the end of DeFYEARENDER REPORT, 11 cember.
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PROSPERITY. Dabawenyos rush to buy different varieties of round-shaped fruits for the New Year’s Eve celebration along Monteverde Street, Davao City Monday afternoon. Many believe that round-shaped
Yearender
fruits bring good luck and prosperity to the family for the coming year according to Chinese lore and instilled in Filipino tradition. Lean Daval Jr.
Happy New Year sa tanan
Davao: A city on the go
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012 was definitely a busy year for the business sector in Davao City with the rise of multi-storey structures and other similar developments, with the city creating its own niche as the
next hub for high-rise infrastructures while it continues to enjoy its reputation as one of the most preferred investment destinations in the country. Below are the top business sto-
ries in 2012 exemplifying the city’s vibrant economy reinforced by burgeoning business activities: City exceeds target in biz permit renewal (January, 2012)
FYEARENDER, 11