Economy
Transport of goods from and into the town was very difficult and tricky. Rough road to Isulan by provincial road sometimes take 1 day. The shipping from Port of Cotabato to Lebak by motorboatlocally called "lantsa" also take a day to travel. Even in its isolation from the nearby cities in early days. This municipality managed to boast its local economy to its full potential. The opening of new routes and improvement in transport system are expect to deliver the town into an economic promise. Strengthen inter-regional trade linkage, gain access to potential agricultural production and will support various economic activities in the adjacent areas. These are Construction and Improvement of Awang-Upi-Lebak-Kalamansig Road, the Isulan - Bagumbayan, Senator Ninoy Aquino - Lebak Road, the planned Lebak-Kalamansig-Bagumbayan-Maitum Road.
The major source of income are:
Agricultural Products
| Crops | Area Harvested | Production (metric tons) |
|---|---|---|
| Rice | ||
| Irrigated | 6,241.2 | 29,957.8 |
| Rainfed | 835.41 | 3,337.0 |
| Corn | ||
| Yellow Corn | 10,236.20 | 52,204.70 |
| White Corn | 4,061.30 | 20,306.55 |
The Municipal Agriculture's Office (MAGO) introduce to farmers the cultivation of rubber trees.
Livestock like swine/hog, ducks, cattle, carabao, goat and poultry products, fruits and vegetables.
Fishing Coastal barangay like Salaman, Tibpuan, Kinudalan, Datu Karon and Taguisa rely on fishing as their livelihood.
| Metric Tons | Area | |
|---|---|---|
| Commercial | 64 M.T. | 207 hectares |
| Brackish aquaculture | ||
| Freshwater/backyard ponds | 24 M.T. | 50 hectares |
Lebak is known for its crab (alimango), prawns (sugpo), milkfish (bangus) on shallow ponds. Shell fish are also abundant in shallow areas. The introduction of floating fish cages and fish sanctuary particularly in Barangay Tibpuan and in the coastal barangay will expect the rise of fish production in next few months.
Practice of Profession, Services, Trading and business
Read more about this topic: Lebak, Sultan Kudarat
Famous quotes containing the word economy:
“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)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)