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.
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Famous quotes containing the word business:
“The business of love is
cruelty which,
by our wills,
we transform
to live together.”
—William Carlos Williams (1883–1963)
“I cannot be indifferent to the assassination of a member of my profession, We should be obliged to shut up business if we, the Kings, were to consider the assassination of Kings as of no consequence at all.”
—Edward VII (1841–1910)
“They that go down to the sea in ships, that do business in great waters, these see the works of the Lord and his wonders in the deep.”
—Bible: Hebrew Psalms, 107:23-4.