Manila has recorded a 104 percent increase in new business registrations, a development Mayor Isko Moreno said underscores the capital’s strengthening economic position.
Moreno presented the figure as evidence that more entrepreneurs and investors are choosing to set up operations in the city. The increase reflects a sharp rise in new enterprise filings compared to previous levels, signaling renewed commercial activity across Manila.
City data also showed that new registrations exceeded business closures, resulting in net growth. Officials said the upward trend points to expanding economic opportunities and reinforces Manila’s role as a commercial center. The mayor attributed the surge to local policies aimed at improving the ease of doing business and creating a more supportive environment for enterprises.
Moreno described Manila as a strategic hub that offers access to a dense consumer base and established infrastructure. He said the city’s direction and governance efforts have helped restore confidence among business owners. The administration’s initiatives to streamline processes and encourage investment were cited as contributing to the increase.
The mayor framed the 104 percent rise as more than a numerical gain. He said the growth translates into heightened economic activity, potential job creation, and stronger local revenues. For city leaders, the data serves as an indicator that Manila is regaining momentum as an economic driver.
With registrations climbing and net business growth recorded, the local government signaled that sustaining this trajectory remains a priority. Moreno said the figures reflect measurable progress in the city’s push to reinforce its status as a key economic hub.
