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.

TypeFor Lease/RentFor Sale
HighLowHighLow
Residential15,000.005,000.0020,000.0010,000.00
Commercial5,000.00780.0040,000.0010,000.00
Industrial1,500.00750.003,500.001,500.00
Agriculture30,000.0010,000.001 Million500,000.00

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