Investments in the services sector of Negros Occidental reached P2.004 billion in 2007, based on business name registrations of the local office of the Department of Trade and Industry.

Data from the DTI show the sector hit P877.77 million in investments from January to June last year alone.

It includes businesses in transportation, communication and storage, finance/pawnshop, dwelling/real estate, private professional service, trading/dwelling and other related trades.

In 2007, transportation, communication and storage posted P72.994 million in investments; finance/pawnshop, P85.434 million; dwelling/real estate, P740.977 million; private professional service, P130.679 million; trading retailing, P782.667 million; and other related trades, P191.874 million.

DTI-Negros Occidental records also show that in January registered P391.428 million; February, P106.679 million; March, P65.044 million; April, P107.789 million; May, P93.065 million; June, P113.763 million; July, P91.510 million; August, P91.698 million; September, P80.613 million; October, P306.276 million; November, P350.338 million; and December, P206.429 million.

Services consistently registers the highest investments every year compared to the industry, and agriculture, fishery and forestry sectors, figures show.

For all three sectors, Negros Occidental posted P2.67 billion in investments in 2007. Industry generated P340.618 million in investments while agro-fishery and forestry, P325.697 million.*NLG

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