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Tax holiday for Pacquiao?s business

GENERAL SANTOS CITY, Philippines ? The city government here has given a six-year tax holiday for the newly-opened hotel business of couple Filipino boxing icon and Sarangani Rep. Emmanuel Pacquiao and wife Jinkee.

City Mayor Darlene Antonino-Custodio, who was among the guests during the inauguration of Roadhouse Hotel located along Barangay City Heights here, said Pacquiao?s new business venture will help boost the local tourism industry.

She said the tax holiday is given by the city government to any investor, like Pacquiao who is willing to put up business venture in the city.

?This is one way of encouraging more investors to invest in the city,? Custodio said.

Jinkee Pacquiao led the opening ceremony last Tuesday of the 42-bedroom county like hotel in the suburban Barangay City Heights which was attended by local officials including Sarangani Vice-Gov. Steve Solon and Vice-Mayor Shirlyn Nograles.

The hotel is equipped with modern facilities including a coffee shop, restaurant and function rooms.

?We assure that our guests will have a memorable stay in our place,? Jinkee said. (Joseph Jubelag)

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