Negros Occidental posted P2.67 billion in investments generated through business registrations in 2007, statistics of the local office of the Department of Trade and Industry show.

The investments were listed under the industry, services, and agriculture, fishery and forestry sectors.

Services sector generated the highest investments in 2007 at P2.004 billion followed by industry, P340.618 million, and agro-fishery and forestry, P325.697 million.

The 2007 figures, however, are way lower than the P7.263 billion total investments in 2006, when more than P6.2 billion was already registered from January to June alone.

DTI said business name registrations are renewed every five years.

In 2007, investments in January totaled P 434.034 million; February, P127.304 million; March, P71.292 million; April, P109.769 million; May, P138.433 million; June, P160.633 million; July, P115.658 million; August, P218.589 million; September, P353.903 million; October, P310.215 million; November, P368.441 million; and December, P262.698 million.

Total investments in Negros Occidental in the first half reached P1.041 billion while in the second half, P1.629 billion.

Services sector includes transportation, communication and storage, finance/pawnshop, dwelling/real estate, private professional service, trading/retailing and other similar businesses.

Meanwhile, investments in the industry sector come from chemicals and related products, concrete products, crop processing, fiberglass, fireworks, furniture, garments, gifts, toys and housewares, metalworks, mineral processing, processed food and beverage, and other related trades.*NLG

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