Business
General Santos City has registered 1,365 new medium to large enterprises in 2011. An aggregate investment involved is estimated PHP 1.202 billion. Top industry for new investment in 2011 are as follows: Hotel and Restaurant-31%; Wholesale & Retail Trade-20%; Repair of Motor Vehicles, Motorcycles and Personal & Household Goods, Real Estate & Renting Business Activities-17%; Other Community, Social & Personal Services-8%; Financial Intermediation-5%; Manufacturing-5%; Fishing-3%; ICT-3 % and others.
- Banking and Finance
As of 2000, there are 59 banks serving the city. This composed of 46 commercial banks, 5 savings banks, 7 rural banks and 1 cooperative bank. Aside from this, there are 48 lending institutions as well as 49 pawnshops providing emergency loan assistance.
Read more about this topic: General Santos
Famous quotes containing the word business:
“I have said many times, and it is literally true, that there is absolutely nothing that could keep me in business, if my job were simply business to me. The human problems which I deal with every day—concerning employees as well as customers—are the problems that fascinate me, that seem important to me.”
—Hortense Odlum (1892–?)
“A farmer, a hunter, a soldier, a reporter, even a philosopher, may be daunted; but nothing can deter a poet, for he is actuated by pure love. Who can predict his comings and goings? His business calls him out at all hours, even when doctors sleep.”
—Henry David Thoreau (1817–1862)
“Like a man to double business bound,
I stand in pause where I shall first begin,
And both neglect.”
—William Shakespeare (1564–1616)