The Bureau of Customs (BOC) Collection District VI collected over half a billion from the ports of Iloilo and the Sub-Port of Pulupandan in Negros Occidental in the first half of 2014.

Total revenues collected in the first six months of the year reached P546,350,678.00, 

higher by 32.1 percent from its income target of P416 million for the said period.

 

The Port of Iloilo on normal days.

The sub-port of Pulupandan contributed 71 percent of the total collection or equivalent to P389,106,161.00.

Ernelito Aquino, District Collector of Port of Iloilo, explained that the District Port of Iloilo is dependent on the collection performance of its sub-port in Pulupandan.

Aquino cited the independent petroleum company Seaoil as the sub-port’s biggest player.

He said that every vessel, Seaoil pays dues and tax amounting to P45 million to P50 million.

The BOC Collection District VI is upbeat to hit it  P843,983,000 2014 full-year target.IMT

Authors opinion: Iloilo's Port is indeed one of the best port I've ever seen in the world. It's capacity to handle large ship; and the Iloilo River estuary is the foundation why it became queen city of the south. Given enough funding, for sure the trade and commerce will surely boast up.

 

CREDIT: ====================================================================

 

^ http://www.iloilometropolitantimes.com/iloilo-pulupandan-ports-earn-p546-3-m-in-jan-june/

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McDonald's opens biggest branch in Iloilo

MANILA – McDonald's opened on Monday its biggest branch in Iloilo City at Megaworld's Iloilo Business Park.

The McDonald’s stand-alone store at the 72-hectare township project has a total seating capacity of 250, and houses a play place, party area, and parking area.

"We are very excited to be the first fast-food chain to open in Iloilo Business Park, and we are very happy to serve the Ilonggos who are working and visiting, including those who will be living in this world-class township," said Eugene Reducindo, the managing director of Choice Gourmet Banquet, Inc., the franchisee of McDonald's in Iloilo.

The opening of McDonald’s came after the opening of business process outsourcing (BPO) office StarTek Inc., a US-based BPO company, at the Richmonde office tower this month of June.

StarTek is expected to launch its stand-alone BPO office building at Two Global Center before the year ends.

Megaworld said it is fast tracking development of office, commercial, and residential towers at the Iloilo Business Park due to the strong demand, brisk sales and rental inquiries for residential, commercial, and office spaces.

"With the heavy influx of inquiries from BPO companies who want to be part of Iloilo Business Park, we see the urgent need to hasten the construction of more office towers to meet the strong demand," said Megaworld senior vice president Jericho Go.

Megaworld’s three office towers, namely One Global Center, Two Global Center and Richmonde Tower are scheduled to be completed this year.

The three towers will be able to accommodate around 10,000 BPO employees.

Megaworld will also start the construction of two office towers by August, which is expected to generate an additional 8,000 employees in the township.

Both towers are scheduled to be completed in early 2016.

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^ ABS-CBNnews.com Posted at 06/30/2014 3:31 PM | Updated as of 06/30/2014 3:31 PM

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