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Micro businesses in the Philippines can be defined according to the size of assets, size of equity capital, and number of employees. A typical micro business is a business that employs nine people or fewer, with assets of ₱3 million and below. In the Philippines, about 90 percent of all businesses are categorized as micro businesses.
With an estimated 800,000 stores across the country, they hold a substantial portion of the domestic retail market. In 2011, the retail sector, consisting largely of micro, small, and medium-sized enterprises (MSMEs) like sari-sari stores, contributed 13% (₱1.3 trillion) to the Philippines' GDP of ₱9.7 trillion. [citation needed]
The town's major agricultural project is the "Gintong Ani" project in all barangays. [a] One industry is situated in Eastern Poblacion - the Santisima Trinidad Ice Plant. There are 66 micro-type and 2 cottage-size registered business establishments with total combined investments of Php 1.5 million.
The barangay [c] (/ b ɑːr ɑː ŋ ˈ ɡ aɪ /; abbreviated as Brgy. or Bgy.), historically referred to as barrio, [d] is the smallest administrative division in the Philippines.Named after the precolonial polities of the same name, modern barangays are political subdivisions of cities and municipalities which are analogous to villages, districts, neighborhoods, suburbs, or boroughs. [6]
Bay City is administratively divided between the villages of Barangay 719 of Malate, Manila and Barangay 76 of Pasay in the northern Cultural Center of the Philippines Complex-Financial Center Area (CCP-FCA) section, and the villages of Barangay 76 of Pasay and Baclaran, Tambo and Don Galo of Parañaque in the southern Central Business Park and Asiaworld section.
Quezon City, the most populous city in the Philippines, is politically subdivided into 142 barangays. All of Quezon City's barangays are classified as urban. [1] These barangays are grouped into six congressional districts, with each district represented by a congressman in the House of Representatives. As of July 2, 2012, President Benigno S ...
Greenhills is an urban barangay in San Juan, Metro Manila, Philippines.It is the largest barangay in San Juan, covering a total area of 2.09 square kilometers (209 ha) and spanning over a third of San Juan's total land area.
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