Economy
The City of Batangas gears up activities on trade, finance, education and medical services for most part of the province . As a center for trade and commerce, it hosts one of the largest oil refineries in the country, Pilipinas Shell, and three natural gas power plants, namely, Keilco, First Gas and Malampaya On-Shore Gas Plant. Other major industries include: San Miguel Food Corporation, JG Summit Petrochemical Corp., Universal Robina Corp., Himmel Industries Inc., Chemphil Bulk Terminal, San Lorenzo Power Plant and First Philippine Industrial Corp. It is the center for education, with three of the largest universities in the province and recently, more International Schools have chosen the City as their campus sites.
The City draws thousands of transient and migratory workers, with 46 banking and other financial institutions, 4 major hospitals and 3 major hotels and various government agencies.
Read more about this topic: Batangas City
Famous quotes containing the word economy:
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“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)