Business
General Santos City has registered 1,365 new medium to large enterprises in 2011. An aggregate investment involved is estimated PHP 1.202 billion. Top industry for new investment in 2011 are as follows: Hotel and Restaurant-31%; Wholesale & Retail Trade-20%; Repair of Motor Vehicles, Motorcycles and Personal & Household Goods, Real Estate & Renting Business Activities-17%; Other Community, Social & Personal Services-8%; Financial Intermediation-5%; Manufacturing-5%; Fishing-3%; ICT-3 % and others.
- Banking and Finance
As of 2000, there are 59 banks serving the city. This composed of 46 commercial banks, 5 savings banks, 7 rural banks and 1 cooperative bank. Aside from this, there are 48 lending institutions as well as 49 pawnshops providing emergency loan assistance.
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Famous quotes containing the word business:
“All our lives we fought against exalting the individual, against the elevation of the single person, and long ago we were over and done with the business of a hero, and here it comes up again: the glorification of one personality. This is not good at all. I am just like everybody else.”
—Vladimir Ilyich Lenin (1870–1924)
“Our business in this world is not to succeed, but to continue to fail, in good spirits.”
—Robert Louis Stevenson (1850–1894)
“The enemy are no match for us in a fair fight.... The young men ... of the upper class are kind-hearted, good-natured fellows, who are unfit as possible for the business they are in. They have courage but no endurance, enterprise, or energy. The lower class are cowardly, cunning, and lazy. The height of their ambition is to shoot a Yankee from some place of safety.”
—Rutherford Birchard Hayes (1822–1893)