Economy
The economy of the island is centered in Metro Manila with Makati City serving as the main economic and financial hub. Major companies such as Ayala, Jollibee Foods Corporation, SM Group, and Metrobank are based in the business districts of Makati, Ortigas Center, and Bonifacio Global City. Industry is concentrated in and around the urban areas of Metro Manila while agriculture predominates in the other regions of the island producing crops such as rice, bananas, mangoes, coconuts, pineapple, and coffee. Other sectors include livestock raising, tourism, mining, and fishing.
Read more about this topic: Luzon
Famous quotes containing the word economy:
“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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)