Cost of Doing Business

Daily Minimum Wage Rates:

Agriculture: 335.00
Non-Agriculture/Industrial/Commercial and Retail/Service:

Employing more than 10 workers: 340.00
Employing not more than 10 workers: 315.00

Electricity:
9.33/kwhr
Water: 38.00

Waste Disposal:

80.66 ave. daily garbage disposal (tons)
20 garbage trucks

Commercial Space Rentals (average per sq.m.)

Office Space (CBD)

Low: 300
High: 600

Shopping Malls

Low: 500
High: 1,000

LAND RATES PER SQ.M.

Type For Lease/Rent For Sale
High Low High Low
Residential 15,000.00 5,000.00 20,000.00 10,000.00
Commercial 5,000.00 780.00 40,000.00 10,000.00
Industrial 1,500.00 750.00 3,500.00 1,500.00
Agriculture 30,000.00 10,000.00 1 Million 500,000.00

SOCIO-ECONOMIC INDICATORS

Land Area: 19,580 has
Land Use: 59% Agricultural, 41% Urban and Misc. Land Uses

Population: 259,444 (as of 2015 PSA census)
Annual Growth Rate: 1.33%

Daytime: 1 million
Nighttime: 300,000

Labor Force: 64.20%

Basic Simple Literacy Rate: 99.05%
Employment Rate: 94.20%
Unemployment Rate: 5.87%
Underemployment Rate: 18.98%

82 Institutions
3,150 Registered Motorized Tricycles