Economy
| Major Industries | |
|---|---|
| Pyrotechnics, Food/Food Processing, Furniture, Garments, Footwear, Metalcraft, Poultry and Hog Raising, Textile, Rattan |
|
| Major Products | |
| Garments, Chicharon, Noodles, Balut, Sweet Preserves, Bakeries, Processed Meat, Dairy Products |
|
| Commercial Banks | |
|
|
| Rural Banks | |
| Hiyas Banking Corporation (Head Office - Market Site, Poblacion Branch) | |
| Santa Maria Rural Bank (Poblacion, Bagbaguin & Pulong Buhangin) |
|
| Farmers Bank (Pulong Buhangin) | |
Santa María is predominantly agricultural. However, commercialization and industrialization is fast developing in the municipality. At present, there are more than 6,100 registered commercial establishments, most of them are in Barangay Poblacion, Pulong Buhangin, Caypombo, Sta. Clara, and Bagbaguin. There are more than 30 banking and financial institutions in Santa María These includes commercial, savings and rural banks.
On March 3, 2003, President Gloria Macapagal-Arroyo issued Presidential Proclamation No. 337 designating the Santa María Industrial Park as a Special Economic Zone (Ecozone).
Read more about this topic: Santa Maria, Bulacan
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)