Economy
In 2006, Legazpi City was recognized as one of the most competitive cities in the Philippines by the Asian Institute of Management. Also, it was recently cited as the most business-friendly city for the whole South Luzon by the Philippine Chamber of Commerce and Industry (PCCI).
With the construction of the South Luzon International Airport in nearby town Daraga, the province's investment Climate Change Adaptation, new businesses entering the city and its investments in various infrastructure projects, Legazpi City is poised to not only be the most progressive city in Bicol but also for South Luzon.
Read more about this topic: Legazpi, Albay
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“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)