Bacolod City Island Philippines
"Economy of Bacolod City"
Business Process Outsourcing
Bacolod City is the Business Process Outsourcing (BPO) hub of the Western Visayas Region of the Philippines. Among the notable BPO companies operating in the city are Convergys, Teleperformance and TeleTech.
Language centers for Foreigners
Language centers catering to foreigners, like Koreans, are a popular business venture in the city. These centers give instruction in the English language and other related subjects. Universities and colleges in Bacolod also offer English language instruction for foreign students who currently reside in the city.
Along its highways, sugarcane plantations are a typical scene. As of 2003, 7,216 hectares of the city’s 8,560 hectares of agricultural land were still planted to sugarcane. Meanwhile, 915 hectares were devoted to rice, 120 hectares to assorted vegetables, 100 hectares to coconut, 43 hectares to banana and 34 hectares to corn. The people are also engaged in livestock, fishing and pottery.
According to the "Philippine Cities Competitiveness Ranking Project 2005" of Asian Institute of Management (AIM), Bacolod tops the list as Number One in terms of infrastructure, ahead of such other mid-size cities like Iligan City, Calamba City, and General Santos City. Bacolod also tops the list as Number One in terms of quality of life, ahead of such other mid-size cities like San Fernando City, Baguio City, Iloilo City and Lipa City. AIM also recognizes Bacolod as one of the Top Five most competitive mid-size cities together with Batangas City, Iligan City, Iloilo City and San Fernando City.
Source : Wikipedia Encyclopedia