Catbalogan as a trading hub in Samar province
By NINFA B. QUIRANTE
CATBALOGAN CITY –
The manager of Allied Bank in Catbalogan, Samar’s capital affirmed
the pronouncement of Catbalogan Mayor Coefredo ‘Tekwa’ Uy that
Catbalogan is a trading and cyber space hub in the province.
It will be recalled
that during the first charter day celebration of Catbalogan,
collateral materials drumbeat ‘Catbalogan as the trading and cyber
Allied Bank Manager
Wilfred Abobo told PIA that with the presence of nine banks alone is a
proof that business is brisk in this part of
He added that daily
transactions in his bank alone amounts to an average of P10 M a day.
“But we need
cooperation from the business sector, if we are united, we can move
forward and invite investors to give our business the needed boost ,”
the young manager told PIA in an interview.
The manager also added
that insurgency has somehow declined significantly, making business
here more profitable and more secure.
As Vice President of
the newly reorganized Samar Chamber of Commerce Incorporated (SCCI)
the manager encourages other businessmen to join the group for a
stronger and more solid team that will pave the way to the development
of the area.
Dr Stephen Kunz, a
German national acknowledges the potential of
Samar in the
aqua-marine trade, food processing and entrepreneurship.