Pandemic shuts down 957 businesses in Baguio

Published July 6, 2022, 2:49 PM

by Comanda Rizaldy C.

BAGUIO CITY – Nearly 1,000 business establishments, mostly tourism-related, here have closed and surrendered their business permits to the city government as a result of the Covid-19 pandemic.

Allan Abayao, supervising administrative officer of the Business Permits and Licensing Office (BPLO), said the economic impact of the pandemic was particularly felt by establishments like accommodations, souvenir shops, bars, amusement, review centers, schools, and other establishments categorized as non-essential services like spas and salons.

Abayao reported that 194 businesses closed by retiring their business permits in 2020; 428 last year, and 335 as of May 2022 for a total of 957 establishments.

Based on data from the BPLO, establishments that closed include those under accommodation and food services which were 20.03 percent or 6,620 of the business permits issued last year but this was lower compared to the 7,321 licenses issued in 2020. The figure is still down at 5,411 as of May 2022.

Other service activities, particularly beauty parlors, salons, barber shops, and laundry services, also suffered the economic brunt of the pandemic.

Business permits issued were down from 897 in 2020 to 874 in 2021 and still low at 694 as of May 2022.

Even businesses under manufacturing have decreased from 649 to 607, administrative and support service activities, mostly computer services and computer shops, travel and tours, have decreased from 842 to 568; and financial and insurance activities, including microfinance, were down from 503 to 491.

Other business classifications that decreased from 2020 to 2021 include: Education (274 down to 204); transport and storage (201 to 184); arts, entertainment, and recreation (164 to 140); information and communication (102 to 98); electricity and gas (47 to 39); and water supply, sewerage, and waste management (28 to 26).