Economy
The City of Batangas gears up activities on trade, finance, education and medical services for most part of the province . As a center for trade and commerce, it hosts one of the largest oil refineries in the country, Pilipinas Shell, and three natural gas power plants, namely, Keilco, First Gas and Malampaya On-Shore Gas Plant. Other major industries include: San Miguel Food Corporation, JG Summit Petrochemical Corp., Universal Robina Corp., Himmel Industries Inc., Chemphil Bulk Terminal, San Lorenzo Power Plant and First Philippine Industrial Corp. It is the center for education, with three of the largest universities in the province and recently, more International Schools have chosen the City as their campus sites.
The City draws thousands of transient and migratory workers, with 46 banking and other financial institutions, 4 major hospitals and 3 major hotels and various government agencies.
Read more about this topic: Batangas City
Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)