Economy
The economy is predominantly agricultural. Products include coco oil, livestock feed milling, rice/corn milling, including the processing of fruits, gifts and housewares made from indigenous materials like handmade paper, roots, rattan, buri, and bamboo; wood-based manufacture of furniture and furniture components from wood, rattan, and bamboo; marine and aquaculture including support services; construction services and manufacture of marble, concrete, and wooden construction materials. There are also mining areas in the province, such as found in the Municipality of Bayog managed by TVI, a Canadian-based mining firm which concentrates on gold mining, and the Cebu Ore Mining which is handling the Ore-Copper-Steel mines. There are also small-scale mines in the Municipality of Dumingag.
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Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“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)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)