Featured News
LGU Passes Good Financial Housekeeping
The Local Government of Panabo City has once again proved its excellence in financial administration as a 2019 Good Financial Housekeeping passer published on a memorandum from the DILG-Bureau of Local Government Supervision dated February 14,2020. The LGU has continued to strengthen its financial transparency or the full disclosure policy of financial reports under the [...]
Panabo Karon
ANG PANABO KARON – FEBRUARY 7, 2020
Mga Panaboans, saksihi ang teleradyo na "Ang Panabo Karon" sa radyo 911 alas 8 sa buntag hangtod alas 9 sa buntag adlawng biyernes. Kauban ang inyong higala na si Michael Angelo Resueño, City Information Officer ug Mayang Urdaneta nga gikan sa City Information Office. Mahimamat sab ugma si Executive Assistant III Jo-Anne Relampagos Capuyan alang [...]
Legislative Updates
8TH CITY COUNCIL NAMES CHAIRPERSONS OF STANDING COMMITTEES ON FIRST SESSION
City Vice-Mayor Hon. Janrey G. Gavina, presided the first inaugural session of the 8th City Council of Panabo on July 8, 2019. In the session, privilege speeches were delivered by the members of the said council: Hon. Emmanuel G. Pamisaran, Hon. Gregorio U. Dujali, Hon. Devona H. Jumamil, Hon. Janno Paolo P. Gentiles and Hon. Wendel [...]
Katikaran sa Barangay
KSB – Barangay Buenavista!
LIVE RECAP | Kahibalo ba ka nga adunay hidden waterfalls sa Panabo? Located at the heart of Barangay Buenavista! Atoang suruyon kini nga barangay uban sa atong reigning Binibining Panabo Eloisa Monique Yepez ug mga Hiyas ng Binulig 2018 winners! Watch Katikaran sa Barangay featuring Barangay BUENAVISTA. Get to know their officials, Sangguniang Kabataan, and [...]
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Message from the City Mayor
This year is a time of hope and new beginnings as we unfold another chapter of life. With God as our refuge, we will steadfast in our faith from any challenge that we will face. Thank you for being one with me in my dream of a better tomorrow . Service to Panaboans, service to God.
Jose E. Relampagos
City Mayor
Know More
Panabo Panalo
How to Get Here
PANABO CITY is located along Daang Maharlika (Pan-Philippine Highway) and is situated between two major cities, Davao City and Tagum City
By LAND, you can reach Panabo City from Davao City via Davao-Butuan, Davao-Mati, and
Davao-Tagum bus routes. Other public vehicles such jeepneys, vans and metered taxicabs are also available.
It is 32 kilometers or approximately 45 minutes away from Davao City ad 28 kilometers or 30 minutes away from Tagum City.
By AIR, The Davao International Airport has numerous local and international airlines flying into Davao.
From the airport, you can either take a metered cab, van or jeepney going to Panabo City or via Tagum City or Mati City.
By SEA, Panabo City is accessible through the SASA port of Davao City. From Davao City you can choose among the numerous
public vehicles to bring you to Panabo City
HOTLINE NUMBERS
POLICE STATION
(084) 823-1656 / 09073122991
EMERGENCY CLINIC
(084) 822-1198
FIRE STATION
(084) 822-0160 / (084) 822-7421
TRAFFIC MANAGEMENT UNIT
09564066070(G)/09103404090(S)
CITY MAYOR'S OFFICE
(084) 822-2179
CITY VICE MAYOR'S OFFICE
(084) 645-3300
CITY ADMIN'S OFFICE
(084) 822-7320
RADIO ROOM
(084) 822-5061
SEC ADVISORY | SEC-DAVAO OFFICE ENCOURAGES FIRMS TO FILE ANNUAL REPORTS EARLY
The Davao Extension Office of the Securities and Exchange Commission (SEC) has urged corporations to file their audited financial statements (AFS) and general information sheets (GIS) ahead of deadline.
Atty. Katrina Jamilla Ponco-Estares, SEC-Davao OIC Director, said that companies are advised to file their annual reports ahead of schedule to avoid long queues.
“Every year, we notice a spike of filers at the last day of their filing schedule. To avoid overcrowding, we are encouraging them to file early. Avoiding the last-minute rush could also mean we have the time to sit down and review the completeness of their reportorial requirements,” Atty. Estares said.
The OIC Director emphasized that acceptance and receipt by the Commission of the FS shall be without prejudice to the fines that may be imposed for any material deficiency or misstatement that may be found upon evaluation of the specific contents thereof.
Pursuant to the Revised Corporation Code of the Philippines (RCC), all corporations, whether domestic or foreign, must file financial statements annually.
Based on SEC Memorandum Circular No. 2, Series of 2020, corporations whose fiscal year ended on December 31, 2019, including branch offices, representative offices, regional headquarters and regional operating headquarters of foreign corporations, shall file their AFS depending on the last numerical digit of their SEC registration or license numbers, as follows:
April 20, 21, 22, 23, 24 : 1 and 2
April 27, 28, 29, 30 : 3 and 4
May 4, 5, 6, 7, 8 : 5 and 6
May 11,12,13,14,15 : 7 and 8
May 18, 19, 20, 21, 22 : 9 and 0
Broker dealers whose fiscal year ends on December 31 shall likewise file their SEC Form 52-AR with the Commission depending on the last numerical digit of their registration numbers.
Late filings shall be accepted starting May 25, 2020 and shall be subject to the prescribed penalties which shall be computed from the date of the last day of filing schedule.
Companies whose fiscal year does not end on December 31, 2019 shall file their AFS within 120 calendar days from the end of their fiscal year. In the case of broker dealers, the SEC Form 52-AR shall be filed within 110 calendar days after the close of the fiscal year.
The complete lists of the formal requirements in the preparation of AFS may be downloaded from the SEC website.
All corporations may directly file their AFS and GIS at the SEC Davao Extension Office, 2F SDC Building, Maa Road, Maa, Davao City.
(SECURITIES AND EXCHANGE COMMISSION)
COOPERATIVE DEVELOPMENT COUNCIL ORDINANCE APPROVED
City Mayor Jose E. Relampagos has recently approved an Ordinance Establishing a City Cooperative Development Council (CCDC) to address concerns of all cooperatives in Panabo.
The City Cooperative Development Council (CCDC) is pursuant to Article II of Republic Act 9529 which states that "The state shall encourage the private sector to undertake actual formation and organization of cooperatives and shall create an atmosphere that is conducive to the growth and development of these cooperatives. The formation of the City Cooperative Development Council shall be given emphasis."
It was during the 21st regular session of the Sangguniang Panlungsod on December 2, 2019 that authors city councilors Hon. Devona H. Jumamil, Hon. Emmanuel G. Pamisaran, Hon. Wahid B. Ranain, former IP mandatory representative Hon. Datu Ariel S. Macla and Hon. Janno Paolo P. Gentiles passed the resolution institutionalizing the CCDC. Thus, on December 19, 2019, City Mayor Relampagos approved the ordinance.
Identified members of the CCDC are forty-four (44) active primary cooperatives including the newly registered cooperative, twelve (12) cooperative satellites/branches, six (6) National Government Agencies (NGAs), one (1) representative from National Government Organizations (NGO) and two (2) from the City Government.
The authoritative measure is made to guarantee prompt conveyance of services to the cooperatives and smooth execution of CCDC's activities in coordination with the Cooperative Development Authority (CDA).
(R.Dulla/CIO-Public Information & Research Ops)
