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.
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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)
“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)