Province of Siquijor Official Seal

Siquijor Province

Thursday, 24th April 2014

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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: NSO-SPO 2000)
Total No. of Family – 17,397
SOURCE OF INCOME

  1. Salaries and Wages – 5,508(family)
    • Agricultural – 627
    • Non-Agricultura – l4,881
  2. Entrepreneurial Activities – 5,156
    • Agricultural – 3,694
      1. Crop Farming & Gardening – 2,332
      2. Livestock & Poultry Raising – 620
      3. Fishing – 742
      4. Forestry & Hunting -
    • Non-agricultural – 1,462
      1. Manufacturing – 213
      2. Mining & Quarrying -
      3. Community, Social, Recreational & Personal Services – 158
      4. Construction – 103
      5. Wholesale & Retail – 728
      6. Entrepreneurial Activities Not Elsewhere Classified (NEC) – 260
  3. Other Source of Income – 6,733

Cost of Doing Business

Minimum Daily Wages
CATEGORY

  1. 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
  2. Cottage/Handicraft
    • Employing more than 30 workers – P 93.00/day
    • Employing less than 30 workers – P 89.00/day
  3. 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

  • 0 – 16 – 7.1347/kwh [4.25/mo. (fixed)]
  • 17 – 18 – 7.5859/kwh [4.50/mo. (fixed)]
  • 19 – 20 – 8.037/kwh [4.75/mo. (fixed)]
  • Above 20 – 8.5874/kwh [5.00/mo. (fixed)]
commercial

  • Small – 8.3154/kwh [74.41/mo.]
  • Large – 8.9213/kwh [83.32/mo.]
  • Industrial – 8.7438/kwh [77.61/mo.]
  • Public Bldg – 8.5476/kwh [75.44/mo.]

Water Rates

METRO SIQUIJOR WATER DISTRICT(consumption for the municipalities of Siquijor, San Juan, Lazi and Maria)

  • (cu.m)0 – 10/minimum | (residential ½”)P 99 | (commercial 1″)P 633.60 | (commercial ½”)P 198
  • (cu.m)11 – 20 | (residential ½”)P 14.70/cu.m | (commercial 1″)P 29.40/cu.m | (commercial ½”)P 29.40/cu.m
  • (cu.m)21 – 30 | (residential ½”)P 16.30/cu.m | (commercial 1″)P 32.60/cu.m | (commercial ½”)P 32.60/cu.m
  • over 30(cu.m) | (residential ½”)P 18.40/cu.m | (commercial 1″)P 36.80/cu.m | (commercial ½”)P 36.80/cu.m

LGU – LARENA(consumption for municipality of Larena only)

  • (cu.m)0 – 10/minimum | (residential ½”)P 20 | (commercial ½”)P 40
  • (cu.m)11 – 20 | (residential ½”)P 2.50/cu.m | (commercial ½”)P 4.50/cu.m
  • (cu.m)21 – 30 | (residential ½”)P 3/cu.m | (commercial ½”)P5/cu.m
  • over 30(cu.m) | (residential ½”)P 4/cu.m | (commercial ½”)P5.50/cu.m

LGU – ENRIQUE VILLANUEVA(consumption for municipality of Enrique Villanueva only)

  • (cu.m)0 – 10/minimum | (residential ½”)P 15
  • (cu.m)11 – 20 | (residential ½”)P 1/cu.m
  • over 30(cu.m) | (residential ½”)P 1.50/cu.m