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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.
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Major Sources of Livelihood/Income/Sectoral Income Distribution
| Sources 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)
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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 HOSPITALS |
|
| 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 |
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POWER RATES
PROVINCE OF SIQUIJOR ELECTRIC COOP (PROSIELCO)
| Residential |
Commercial |
0 - 16 - 7.1347/kwh 4.25/mo. (fixed)
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. |
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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 |
- |
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