Manila, March 4 -- The Securities and Exchange Commission (SEC) has registered 24,993 corporations and partnerships in Negros Island Region (NIR), 53 percent of which have principal offices based in this highly-urbanized city as of Dec. 31, 2024.

Data of the SEC Bacolod Extension Office on Tuesday showed there are 13,239 registered corporations and partnerships here, which include 9,385 stock corporations, 3,026 non-stock corporations, and 828 partnerships.

"Year-on-year, there is a steady increase in the number of requests for registration of new corporations and partnerships in Bacolod City," the SEC report said.

In 2020, there were only 92 new registrations; 401 in 2021; 467 in 2022; 566 in 2023; and 582 in 2024.

Director III Annab...