Manila’s businesses are booming

The City of Manila recorded a 40 percent increase in new business permit processing alongside robust renewal activity, showing strong local business momentum, Bureau of Permits Director Levi Facundo reported Monday to Manila City Mayor Francisco “Isko” Moreno Domagoso.

As of January 25, 2026, the city processed 384 new business permits, up sharply from 176 during the same January 1–25 period last year. 

Of the 2026 total, 159 new permits have already been paid, matching last year’s paid count despite the significantly higher volume of applications.

At the same time, Manila processed 45,261 business permit renewals, with 37,484 already paid, translating to about 82–83 percent payment compliance early in the annual renewal cycle. 

Facundo said businesses still have around 15 days to complete payments and stressed that the figures are based on an “apples-to-apples” comparison with last year. 

The city processed 44,993 renewals from January 1 to 25, 2025, with 37,891 paid, showing higher renewal processing this year even as collections continue toward the deadline.

Domagoso highlighted the surge in new business activity during the exchange, asking, “In the same period, you grew by 40% with new business permits?” 

Facundo confirmed, replying, “As of this time, yes. With 384 processed compared to 176 last year same period.”

Facundo also pointed to additional upside in collections, noting that some payments remain uncleared. 

To give business owners more time to comply, the city extended the renewal period without interest, penalties, or surcharges until February 13, 2026, according to City Treasurer Paul Vega.

“The City extended the renewal period—without interest, penalties, or surcharges—until February 13, 2026, to give business owners ample time to renew their permits,” Vega said.