Cost Of Doing Business - City Government of Balanga

Cost of Doing Business in Balanga City
14
minimum daily wages rates
COLA under Minimum Wage
SECTOR Basic Wage WO No. RBIII-14 under WO No. RBIII-14
NON-AGRICULTURE
Establishment with total assets P292.00 10.00 302.00
of P30 million or more
Establishment with total assets P284.50 10.00 294.50
of less than P30 million
AGRICULTURE
Plantation P262.00 10.00 272.00
Non-Plantation P246.00 10.00 256.00
HOSPITALS
With 20 or more bed capacity P283.00 10.00 293.00
With less than 20 bed capacity P268.00 10.00 278.00
RETAIL/SERVICE
With 16 or more workers P281.00 10.00 291.00
With less than 16 workers P267.00 10.00 277.00
COTTAGE/HANDICRAFT P246.00 10.00 256.00
Source: Provincial PESO
real estate
Residential Class Previous Current
1 P750.00 P2,000.00
2 480.00 1,500.00
3 380.00 850.00
4 180.00 350.00
Commercial Class Previous Current
1 P3,000.00 P4,500.00
2 2,250.00 3,000.00
3 1,500.00 2,200.00
4 800.00 1,300.00
Industrial Class Previous Current
1 P200.00 P400.00
2 160.00 300.00
3 130.00 250.00
4 100.00 200.00
Based on the 2006 Schedule of Market Value General Revision
Source: City Assessor’s Office, Balanga City