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| 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)
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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 |
|
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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
|
|
|
|
|
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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.
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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 |
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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. |
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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 |
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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. |
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