Print this page
 ECONOMIC SECTOR (Part I)

- Commerce, Trade and Industry
- Summary of Business and Trade by Special Classification - From January to December 2003 (Table)
- Summary of Investments Attributable to Business Permits - 1995-2003
- Trade Promotion / Consumer Protection / Banking and Finance / Construction
- Total Number of Locational Clearance issued and Total Cost of Building Construction (Table)
- Exports
- Export Sales Performance - 2001-2003 - (Table)


COMMERCE, TRADE AND INDUSTRY
     Business and Trade
     Bacolod City’s economy is centered on activities like commerce, transportation, communication and service. Foremost among this is the trading permit count and business count continuously outnumbered other business as recorded by the Permits and Licensing Division, City Mayor’s Office, Bacolod City. The following table shows the business and trade profile of the city:

Table 1. SUMMARY OF BUSINESS AND TRADE
BY SPECIAL CLASSIFICATION

From January to December 2003
CMO, Permits & Licensing Division

Business Nature

Permit Count

Business Count

Employees Count

Capital Invested

Gross Sales

Amusement Places/ Devices

915

388

3011

17,163,050.00

147,150,005.99

Banks and other Financial Institutions

143

459

3140

20,892,500.00

1,705,174,932.25

Contractors/Services

457

6985

2421

163,295,011.51

1,005,490,253.72

Hotels/Motels/Pen-sions/ Lodging/ Boarding Houses

442

144

1615

6,107,360.00

100,768,383.07

Institution of Learning

62

70

101

1,205,000.00

74,085,571.81

Manufacturers/Produ cers/Assemblers

3

693

10667

30,120,008.06

5,912,530,033.86

Others Service Establishments

26

166

1009

4,830,178.00

14,409,071.31

Printing Press/ Publishing Houses

40

63

390

1,212,500.00

52,069,744.92

Privately-Owned Cemeteries & Memorial Parks

927

3

81

0

26,324,550.88

Public Eating Places

672

955

10395

20,826,484.00

884,915,898.80

Public Market

6804

1149

23927

365,000.00

329,819,585.23

Real Estate Operators

2

446

4387

23,322,195.37

739,590,989.47

Wholesaler/Retailer/Distributors/Dealers

432

5806

46480

107,074,382.50

23,733,847.26

Private Hospital

4691

2

544

0

476,285,487.00

TOTAL

15616

17329

108168

396,413,669.44

11,492,348,355.57


Table 2 Summary of Investments Attributable to Business Permits
MITCS, Bacolod City, 2003 & 2004

 

 

COUNT

CURRENT

GROSS SALES

ESTIMATED

YEAR

MANPOWER

CAPITAL

YEARLY

 

 

PERMIT

BUSINESS

INVESTMENT

TAX DUE

2003

123,291

14,477

19,621

858,376,038.50

52,297,480,719.00

 

2004

 

13,404

 

 

 

 

     Banks and credit institutions figures show 54 banks - 3 government, 30 commercial, 6 private development, 6 thrift, and 9 rural banks; 45 financial institutions and 34 pawnshops. Capitalization for qualified individuals and corporations are provided by banks/financing companies and the City Government thru the City Cooperative & Livelihood Development Office.
     The three public markets still exist with 2,072 stalls. Smaller markets are seen in Villamonte, Mansilingan, Granada & Sum-ag. “Talipapas”. The City also has a “Bagsakan” Center and a Vendors Plaza.

Back to Top

     Trade Promotion
     The Department of Trade and Industry in Bacolod City spearheads the promotion of trade and industry in the City. Private organizations like the Metro Bacolod Chamber of Commerce and Industry, as well as the Filipino Chinese Chamber of Commerce and Industry also provide assistance to prospective investors and promotes trade and industry in the City and province of Negros Occidental.
     Within City Hall, the Local Investment Board under the City Mayor’s Office, is charged with investment promotions and the processing of applications for incentives for qualified investors. The City Planning and Development Office serves as secretariat of the Board while the City Administrator, is the acting chairperson.
     Consumer Protection
     The Price Monitoring Council in the City is actively engaged in the monitoring of prices as well as protection of consumers against hoarders, among others. Complaints about false advertising, defective or fake merchandise, and other violations of the consumer’s right may be addressed to the Department of Trade and Industry.
     Banking and Finance
     The City Government provided financial assistance to qualified beneficiaries under its Livelihood and Cooperative Development Program.
     Existing in the city are 45 privately operated financing companies and lending institutions, 54 banks and other financial institutions involved in providing capitalization to both individuals and corporations
     Construction
    
The word construction includes general building construction and special trade construction. General building construction includes commercial and industrial buildings, among others. Special trade construction covers electrical works, plumbing, masonry, concreting and the like. There are about thirty one (31) building contractors in Bacolod City which are involved in the construction of private and government projects. For 2003, a total of 473 or an increase of 70.76% from last year of 277 locational clearances that were issued by the City Planning and Development Office covering a total cost of P 762,289,151.05 as compared to 2002 of P 386,414,304.93

Table 4. Total Number of Locational Clearance issued
and Total Cost of Building Construction

Bacolod City, CPDO, 1995-2003

Year

Total No. of Locational Clearance

Total Cost of Building Constuction

1995

116

P 227,175,562.40

1996

269

1,007,266,054.99

1997

293

533,168,322.69

1998

162

322,234,043.26

1999

195

262,991,620.72

2000

189

348,100,666.25

2001

89

181,408,118.26

2002

277

386,414,304.93

2003

473

762,289,151.05

    Exports
     Except for the names of corporations involved in export business, there is limited data on exports originating from the city. Most of export-oriented businesses are into food processing, garment making, furnitures, souvenir items, ceramics, and fashion jewelries and accessories, among others.

Back to Top


Table 7. EXPORT SALES PERFORMANCE SUMMARY
DTI, Negros Occidental, 2002-2004

Export

2002

2003

2004

TOTAL

NON-TRADITIONAL

  

  

 

  

Garments

2,307,373.87

3,031,273.59

2,188,348.12

9,600,651.01

Processed Food

1,129,747.20

2,947,286.65

4,660,168.31

9,485,916.36

Aqua/ Marine

9,706,085.35

6,813,173.23

5,430,193.01

30,927,019.13

Furniture

1,246,360.76

1,105,151.94

330,339.60

3,757,655.36

GTH

2,184,720.81

7,287,880.51

3,013,705.41

13,896,085.98

Metals

0.00

0.00

0.00

37,880.00

Sub-Total

16,574,287.99

21,184,765.92

15,622,754.45

67,705,207.84 

TRADITIONAL

  

   

 

 

Molasses

3,922,371.45

2,667,725.00

3,561,372.00

13,338,134.75

Raw Sugar

22,520,531.08

34,215,678.57

52,002,792.43

131,431,843.14

Steel Scrap

1,170,804.55

3,171,787.17

8,377,687.59

13,799,279.31

Copper Concentrate

0.00

0.00

20,000.00

7,691,300.00

Sub-Total

27,613,707.08

40,055,190.74

63,961,852.02 

166,260,557.20

TOTAL

44,187,995.07

61,239,956.66

79,584,606.47

233,965,765.04

     Table 7 shows the export sales performance summary of both Non-traditional and Traditional export products. Leading consistently for three years in the non-traditional product sales is the aqua/marine sales totaling to P30,927,019.13 or about 45.68% from the period of 2002 to 2004.
     While raw sugar also consistently leads in the traditional export product sales amounting to P131,431,843.14 or 79.05% of the total export sales.

Back to Top