siquijor.gov.ph

Economic Profile

Comparative Advantages

Siquijor island province has an ideal location. It is strategically located because of its proximity to Cebu, being the region's hub of big industries. Compared to that of other cities/provinces, the prevailing labor rate is relatively lower. It minimizes operating cost of business which is favorable to investors.

Siquijor can boast of a stable peace and order situation. The whole province' crime rate is one among the lowest in the whole Philippines. The necessary infrastructure support is continually being improved in order to sustain investment in the long run.

Major Sources of Livelihood/Income/Sectoral Income Distribution

SOURCE OF INCOME NO. OF FAMILIES
Total 17,397
     Salaries and Wages 5,508
         Agricultural 627
         Non-Agricultural 4,881
      Entrepreneurial Activities 5,156
         Agricultural 3,694
               Crop Farming & Gardening 2,332
               Livestock & Poultry Raising 620
               Fishing 742
               Forestry & Hunting -
         Non-agricultural 1,462
               Manufacturing 213
               Mining & Quarrying -
               Community, Social, Recreational & Personal Services 158
               Construction 103
               Wholesale & Retail 728
               Entrepreneurial Activities Not Elsewhere Classified (NEC 260
      Other Source of Income 6,733
(Source: NSO-SPO 2000)

Cost of Doing Business

Minimum Daily Wages
CATEGORY RATE
Non-Agricultural  
Employing more than 20 workers with a total asset of more than P5M P 115.00/day
Employing more than 20 workers with a total asset of not more than P5M P 111.00/day
Employing not more than 20 workers with capitalization of not more than P500,000.00 P 101.00/day
Cottage/Handicraft  
Employing more than 30 workers P 93.00/day
Employing less than 30 workers P 89.00/day
Private Hospital  
Retail/Service Establishment P 111.00/day
Employing more than 15 workers P 115.00/day
Employing 11 – 15 workers P 109.00/day
Employing not more than 10 workers P 81.00/day
Non-Plantation P 84.50/day

POWER RATES

PROVINCE OF SIQUIJOR ELECTRIC COOP (PROSIELCO)
RESIDENTIAL COMMERCIAL
0 - 16 - 7.1347/kwh [4.25/mo. (fixed)] Small - 8.3154/kwh [74.41/mo.]
17 - 18 - 7.5859/kwh [4.50/mo. (fixed)] Large - 8.9213/kwh [83.32/mo.]
19 - 20 - 8.037/kwh [4.75/mo. (fixed)] Industrial - 8.7438/kwh [77.61/mo.]
Above 20 - 8.5874/kwh [5.00/mo. (fixed)] Public Bldg - 8.5476/kwh [75.44/mo.]

WATER RATES

METRO SIQUIJOR WATER DISTRICT
(for the municipalities of Siquijor, San Juan, Lazi and Maria)
CONSUMPTION (cubic meters) RESIDENTIAL ½” COMMERCIAL 1” COMMERCIAL ½”
0 - 10 * (minimum) P 99.00 P 633.60 P 198.00
11 - 20 P14.70/cu.m P 29.40/cu.m P 29.40/cu.m
21 - 30 P16.30/cu.m P 32.60/cu.m P 32.60/cu.m
over 30 P18.40/cu.m P 36.80/cu.m P 36.80/cu.m
LGU – LARENA
(for municipality of Larena only)
0 - 10 (minimum) P 20.00 - P 40.00
11 - 20 P2.50/cu.m - P4.50/cu.m
21 - 30 P3.00/cu.m - P5.00/cu.m
over 30 P4.00/cu.m - P5.50/cu.m
LGU – ENRIQUE VILLANUEVA
(for municipality of Enrique Villanueva only)
0 - 10 (minimum) P 15.00 - -
11 - 20 P 1.00/cu.m - -
over 30 P 1.50/cu.m - -