Pampanga - Economy

Economy

Farming and fishing are the two main industries of the province. Major products include rice, corn, sugar cane, and tilapia. In addition to farming and fishing, the province also supports thriving cottage industries that specialize in wood carving, furniture-making, guitars, and handicrafts. Every year during the Christmas season, the province of Pampanga becomes the center of a thriving industry centered on handcrafted lighted lanterns called “parols” that displays a kaleidoscope of light and color. Other industries include its casket industry and the manufacturing of all Purpose Vehicles present in the Municipality of Sto. Tomas.

The province is famous for its sophisticated culinary industry. Kapampangans are well known for their culinary creations. Well known food products range from the ordinary to the exotic. Pampanga's Best and Mekeni Food are among the better known meat brands of the country producing Kapampangan favorites such as pork and chicken tocinos, beef tapa, hot dogs, and longanezas (Philippines-style sausages and cured meats.)

Speciality foods such as the siopao, pandesal, tutong, lechon (roasted pig) and its sarsa (sauce), are popular speciality foods in the region. The more exotic betute tugak (stuffed frog), kamaru (mole crickets) cooked ala adobo, bulanglang (pork cooked in guava juice), lechon kawali, and bringhe (a green sticky rice dish like paella) are a mainstay in Kapampangan feasts. Native sweets and delicacies like pastillas, turonnes de casuy, buro, are the most sought after by Filipinos including a growing number of tourists who enjoy authentic Kapampangan cuisine. The famous cookie in Mexico, Pampanga, Sanikulas, which is known as the mother of all Philippine cookies are one of the best and the best are made in Mexico, Pampanga by Mrs. Lillian Borromeo.

Tourism is a growing industry in the province of Pampanga. Clark Freeport Zone, in Angeles City, is home to Diosdado Macapagal International Airport, Luzon's second International Airport and designated as the Philippines future premier gateway site. Within the Clark Special Economic Zone are well established hotels and resorts. Popular tourist destinations in the province include: St. Peter Shrine in Apalit, Mt. Arayat National Park in San Juan Bano, Arayat, the Paskuhan Village in the City of San Fernando, the Casino Filipino in Angeles City, and for Nature and Wildlife "Paradise Ranch and Zoocobia Fun Zoo" in Clark. Well known annual events include the Giant Lantern Festival in December, the annual hot air balloon festival in Clarkfield during the month of February, the San Pedro Cutud Lenten Rites celebrated two days before Easter and the Aguman Sanduk in Minalin celebrated on the afternoon of New Year's Day.

Other developing economies include a semiconductor industry involved in the manufacturing of electronics and computers mostly located within the Clark Special Economic Zone in Angeles City.

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Famous quotes containing the word economy:

    The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.
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    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)