CDOTIMES January 4-10, 2021

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Metro

CAGAYANLifestyle TIMES Weekly DE ORO

Volume 7 | No. 75 | Cagayan de Oro City | January 4-10, 2021

Oro Chamber COVID-19 Response, Turnover of surgical masks for the frontliners to Cagayan de Oro City and Misamis Oriental Province on 18 May 2020.

Turnover of Leadership Award to 2020 Pres. Robertino E. Pizarro by 2020 Board Chairman Ruben A. Vegafria.

Oro Chamber 2020-2021

Looking Back, Looking Forward

T

By MIKE BAÑOS

HE month of January is named after Janus, the god of beginnings and transitions in Roman mythology, who presided over passages, doors, gates and endings, as well as in transitional periods such as from war to peace. He was usually depicted as having two faces looking at opposite ways, one towards the past and the other towards the future.

For the following feature on Oro Chamber, we will similarly look at the year that was with 2020 president Robertino E. Pizarro,

and look forward with 2021 President Ruben A. Vegafria. First, a look at the year just past as reported by immediate past

president Pizarro during the virtual Oro Chamber General Membership Meeting held on 14 December 2020. Oro Chamber At A Glance Oro Chamber only attained 43% of target revenue for 2020, although this was mostly balanced by reduced operating expenses due to the cancellation of most in-person events, resulting in net savings of P317,000 for period ending November 2020. Despite the debilitating effects of the pandemic, the chamber

ended the period with a net worth of P21.8million, 21% increase in revenues and 16% decrease on expenses. Although membership collection targeted for 2020 was not realized with a 65% attainment due also the decreased membership, with actual collections at 54%. Membership increased slightly from 2019 with the induction of eight new members, bringing total membership to 362 member companies . On Advocacy and Policy Formulation Oro Chamber worked

closely with Cagayan de Oro LGU on granting deadline extensions and waiving of penalties on Business and Real Property Taxes. Thus the City LGU extended the deadline for the 3rd quarter RPT and the 4th quarter Business Taxes. Oro Chamber also supported the agreement between the Anti Red Tape Authority (or ARTA) and Philippine Chamber of Commerce and Industry (PCCI) to provide a regional desk to receive complaints from the Business Sector against violations

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of Republic Act No. 11032 (Ease of Doing Business and Efficient Government Delivery Act of 2018). On Partnerships The OROBEST Innovation Program continued on its second year, thanks to the Department of Science and Technology, USAID-STRIDE, and the Department of Trade and Industry for their continued support. Oro Chamber also forged partnerships to encourage investments in Region X through the CHAMBER/PAGE 7


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