Cost of Doing Business

South cotabato

Understand what are the cost of starting a business in the Province of South Cotabato and what factors affects the costs. Learn what are the minimum daily wage rates, zonal value, power rates and cost of rent.

Minimum Daily Wage Rates Region XII, SOCCSKSARGEN

A/ Per Wage Order No. RB XII-22 b/ (Effective: 09 June 2022)

Sectors/Industry	Current Minimum Wage Rate	Basic Wage Increase Upon Effectivity	New Minimum Wage Rates	2nd Tranche of Basic Wage Increase Effective September 1, 2022	New Minimum Wage Rates
Non-Agriculture	₱336.00	₱16.00	₱352.00	₱16.00	₱368.00
Agriculture/Service/Retail Establishments	₱315.00	₱16.00	₱331.00	₱16.00	₱347.00

A/ Covers the Cities of General Santos, Kidapawan, Koronadal and Tacurong, Provinces of North Cotabato (except the 63 barangays that are now part of the BARMM), Sarangani, South Cotabato, and Sultan Kudarat.

B/ Grants ₱32.00 per day basic wage increase upon effectivity of all tranches:

First Tranche: upon effectivity of wage order

Second Tranche: September 01, 2022

*Source: Department of Labor and Employment National Wages and Productivity Commission Region X12, Wages Order No. RB XII-22

Zonal Value

(4^th revision Zonal Value per sq.m. )

Component City (Koronadal)

CLASSIFICATION	HIGHEST	LOWEST
Residential	9,250.00	307.00
Commercial	14,920.00	732.00
Industrial	2,883.00	732.00
Institutional	10,796.00	290.00
Agricultural	2,734.00	20.00

1st to 2nd Class Municipalities (Banga, Lake Sebu, Polomolok, Surallah, Tupi, T’boli)

CLASSIFICATION	HIGHEST	LOWEST
Residential	4,450.00	150.00
Commercial	8,750.00	386.00
Industrial	6,031.00	445.00
Institutional	7,318.00	510.00
Agricultural	1,643.00	10.00

3rd to 6th Class Municipalities (Norala, Sto. Nino, Tantangan)

CLASSIFICATION	HIGHEST	LOWEST
Residential	2,691.00	243.00
Commercial	7,205.00	389.00
Industrial	6,005.00	390.00
Institutional	6,705.00	986.00
Agricultural	928.00	20.00

*Source: Bureau of Internal
Revenue, Zonal Values Revenue Region 18- Koronadal City RDO No. 111 – DO No. 075-2022

4^th Revision from Nov. 2, 2022 to Present.

Cost of Rent of the Largest Commercial Space in the Locality (2022)

COMPONENT CITY (Koronadal City)

City/Municipality	Cost of Rent in PhP
Banga (SC)	220.00
Koronadal	350.00
Lake Sebu	90.00
Norala	1,000.00
Polomolok	225.00
Santo Nino (SC)	150
Surallah	107.50
T’boli	1,500.00
Tampakan	47.12
Tantangan	52.00
Tupi	250.00

POWER RATES

(in Php per kWh): July 2023

Type of Connection	Peso/kWh
SOCOTECO I
Residential	13.49
Low Voltage	12.17
High Voltage	10.78
SOCOTECO II
Residential	9.43
Low Voltage	9.13
High Voltage	8.18

*Source: SOCOTECO I and SOCOTECO II

TELEPHONE RATES

	PLDT	MARBEL TEL	GLOBE
Monthly Charge	NDD call 3.00 per min.	Residential 332.64	Globe Landline 7.70 per min
	Cellular call 6.50 per min.	Commercial 581.98	NDD call 7.50 per min.
	Local 2.00 per min.		Globe to any network 1.00 per min.
	Embassy 36.08 per min.
IDD Rates	$ 0.40	$ 5. 04	$ 0.40

INTERNET RATES

Service Provider	Monthly Rate (in PhP)	Fiber Unli
PLDT
50 Mbps	1,399.00	1,299
150 Mbps	1,749.00	1,699
300 Mbps	2,199.00	2,099
600 Mbps	2,700.00	2,699
MARBEL TEL Bandwidth
Residential
5 Mbps	1,699.00
20 Mbps	1,899.00
50 Mbps	2,899.00
Commercial
10 Mbps	1,699.00
20 Mbps	2,099.00
50 Mbps	6,000.00
Globe Platinum
Platinum 1- 50 Mbps	3,799.00
Platinum 2- 150 Mbps	4,999.00
1 Gbps		7,499
150 Mbps		1,699
300 Mbps		2,099
500 Mbps		2,499
800 Mbps		3,499

*SOURCE: PLDT and GLOBE websites, MARBEL TEL, Inc. Customer Care

Province of South Cotabato