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 | |
|
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| 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:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“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 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)