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:
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)