The local services sector posted more than P3.01 billion in investments from January to June this year, owing mostly to high figures in trading/retailing enterprises, records of the Department of Trade and Industry Negros Occidental Provincial Office show.

The sector registered only P1.667 billion during the same period in 2005.

Based on investments generated from business name registrations, trading/retailing hit P2.835 billion in first half, compared to only P786.114 million as of end-June the previous year.

Other businesses in services sector are transportation, communication and storage, P40.539 million; finance/pawnshop, P27.156 million; dwelling/real estate, P33.803 million; private professional service, P66. 155 million; and other related enterprises, P6.687 million.

In January, the sector posted P2.581 billion; February, P74.780 million; March, P79.007 million; April, P34.782 million; May, P93.050 million; and June, P146.766 million.

From January to June this year, the industry sector posted P3.196 billion in investments while the agriculture, fishery and forestry, P37.57 million.*NLG

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