Most businesses resume in Tagbilaran
MANILA, Philippines – Most of the businesses in Bohol have resumed operations following the destructive 7.2 magnitude quake that hit the island province on October 15.
Emmanuel Tumanda, president of the Bohol Chamber of Commerce, said almost all businesses in Bohol’s capital Tagbilaran have opened.
Tumanda said the Bohol Chamber of Commerce has been encouraging businesses to open as much as possible to prevent fluctuation in the prices of the goods.
“It has always been the call of the Chamber for businesses to go on as usual. A lot of the infrastructure in Tagbilaran City has not been affected as most other areas especially the northern part of Bohol,” he told ANC’s “News Now” on Tuesday.
Several malls have also opened recently except for Tagbilaran’s largest shopping center, the Island City Mall.
Mall management said the Island City Mall will re-open on Wednesday after being closed due to clearing of debris and rigid structural check. It added that the re-opening was delayed to ensure the safety of customers and employees.
Lailah Biliran of the mall’s operator Alturas Group of Companies assured the public that there will be no price increase in basic commodities and other goods.
Tumanda said business groups along with the Department of Trade and Industry (DTI) will conduct a discount caravan on Friday, Sunday, and Tuesday next week to assuage some of the price fluctuations and supply limitations.
“Sometimes it might be human nature in the part of the businessmen, when they see supplies dwindling down they might not want to sell anymore. So that’s what the DTI is trying to remedy by having this discount caravan, which will be bringing basic commodities to these areas so that the supply will more or less normalize,” he said.
Meanwhile, gas stations in Bohol that shut down after the quake are planning to resume normal operations within 2 to 3 days.
Energy Undersecretary Raul Aguilos said only 6 fuel stations--in Loon, Buenavista and Maribojoc--are still not operational.
The Department of Energy expects the opening of the gas stations to bring down fuel prices in the quake-hit province.
The death toll in the quake has risen to 190 with 11 still missing. More than 600 were injured.
The cost of damage has risen to more than P900 million.