Economy
Primary sources of revenue are manufacturing, wholesale and retail trade and services. Mining, farming, fishing and tourism contribute significantly to the economy Manufacturing firms include mining companies, fertilizer plants, sugar central, rice and corn mills and other food processing plants. Tacloban is the hub of investment, trade and development in the region.
Other industries include mining, rice, corn and sugar milling, coconut oil extraction, alcohol distilling, beverage manufacture and forest products. Home industries include hat and basket weaving, metal craft, needlecraft, pottery, ceramics, woodcraft, shell craft and bamboo craft.
Read more about this topic: Eastern Visayas
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)