Economy
Strategically located at the heart of the province, the City of San Fernando is home to two public markets, thirty nine banks, forty eight lending institutions (investors), thirty eight pawnshops, seventeen gasoline stations, three movie houses, thirty nine public and private schools, seven hospitals, thirteen dental offices, nine hotels, twenty eight drug stores, seven disco clubs, six foreign exchange firms, fifteen garment factories, twenty four groceries, seven supermarkets, forty two insurance companies, sixteen security agencies and seventy restaurants and fast food chains such as Jollibee, McDonald's, Mr. Donut, Greenwich, Shakey's, and Chowking. In addition to being the Provincial Capital of Pampanga, almost all Philippine banking institutions, military and governmental agencies have regional offices in City of San Fernando. SM City Pampanga is a large shopping mall owned by Henry Sy, Sr. and his company, SM Prime Holdings. It is the very first SM Supermall in Central Luzon. SM City Pampanga is currently the longest and biggest mall in the region, with more than 820 meters sprawl of mall shopping area. It has the largest land area of 316,000 m² among SM Supermalls. Robinsons Star Mills Pampanga or Starmills Mall is a shopping mall owned and operated by John Gokongwei and his company, Robinsons Malls, the second largest mall operator in the Philippines. This is the very first Robinsons Mall in the Central Luzon and in the Pampanga Province, rivaling adjacent SM City Pampanga. The mall is located at Olongapo-Gapan Road, Barangay San Jose, San Fernando, Pampanga and Barangay Lagundi in neighboring town of Mexico, Pampanga with a total floor area of 62,000 square meters (667,120 square feet).
Read more about this topic: San Fernando, Pampanga
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“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)