Study on the Economic Development of Selected
Cities in Mindanao
City Information Baseline
City of Malaybalay
I.
City
Economic/ Investment Information
Baseline
a.
Number
of establishments by type of business
Based on the data provided by the Department of Trade
and Industry – Bukidnon
Office, the predominant activity
is trading closely followed by
services. This is just for the
businesses that applied for business
name, thus, some businesses that
applied with the SEC and those
that did not apply for business
name are not included. Manufacturing
and Production account for only
10% of the total number of businesses.
The Services and Trading Sectors
account for the remaining 90%.
Table 21. Number of Business Name Registration Issued by Activity.
2000 – 2004. Malaybalay
|
Activity
|
Number
|
Percentage
|
|
Manufacturing
|
101
|
6.00%
|
|
Production
|
79
|
4.00%
|
|
Services
|
784
|
43.00%
|
|
Trading
|
854
|
47.00%
|
|
Total
|
1,818
|
100.00%
|
Source: DTI- Bukidnon
b.
Number
of establishments by classification
(micro, small, medium, large)
Of the establishments registering their business names
with the DTI – Bukidnon,
the Micro-business sector dominated
with almost 98%. There was no
large business registered for
Malaybalay. This shows that the economy of the city is mainly
by entrepreneurs investing with
capitalization of below P3,000.000. The DTI data does not tally with the BPLO data probably
because not all the businesses
registering with the city have
registered with the DTI.
Table 22. Number of establishments by Classification - Malaybalay
|
Asset Size
|
2000
|
2001
|
2002
|
2003
|
2004
|
Total
|
%
|
|
Micro
|
282
|
394
|
351
|
331
|
422
|
1780
|
97.91%
|
|
Small
|
4
|
19
|
10
|
1
|
1
|
35
|
1.93%
|
|
Medium
|
|
1
|
|
|
2
|
3
|
0.17%
|
|
Total
|
286
|
414
|
361
|
332
|
425
|
1818
|
100.00%
|
Source: DTI - Bukidnon
c.
Number
of establishments by capitalization
Based on the data provided by the BPLO, the picture
is even clearer that the dominant
business investment is by Barangay
Micro enterprises (with capitalization
of below P50,000).
For the past three years, about
90% of the new businesses registered
have capitalization of P50,000
and below. This means that even
if there are many new businesses
being added yearly, these do not
contribute much to the investment
figures. Also, these types of
businesses are more prone to falling
out as they do not have sufficient
capital to weather lean periods
of business.
Table 23. Number of establishments by capitalization
– Malaybalay.
|
Capitalization
|
2003
|
%
|
2004
|
%
|
2005
|
%
|
|
1
- 50,000
|
806
|
90.77%
|
663
|
90.70%
|
897
|
89.97%
|
|
50,000
- 500,000
|
78
|
8.78%
|
60
|
8.21%
|
93
|
9.33%
|
|
500,000
- 3,000,000
|
3
|
0.34%
|
8
|
1.09%
|
5
|
0.50%
|
|
3,000,000
- 15,000,000
|
1
|
0.11%
|
|
|
2
|
0.20%
|
|
15,000,000
- 50,000,000
|
|
|
|
|
|
|
|
50,000,000
- 100,000,000
|
|
|
|
|
|
|
|
Over
100,000,000
|
|
|
|
|
|
|
|
Total
|
888
|
100.00%
|
731
|
100.00%
|
997
|
100.00%
|
Source: Malaybalay BPLO
d.
Number
of establishments by Gross Sales/
revenues
On the basis of Gross Sales, majority of the businesses
are within the barangay micro
business with declared sales of
below P50,000. Only one establishment reported a sales
of over P100 million while the
next lower establishment had a
maximum of P50 million gross sales.
By and large, 90% of the businesses
reported gross sales of below
P500 thousand.
Table 24. Number of establishments based on Gross Sales/ revenues.
2003 to 2005 - Malaybalay
|
|
2003
|
%
|
2004
|
%
|
2005
|
%
|
|
1
- 50,000
|
1,024
|
51.48%
|
1,176
|
54.75%
|
1,110
|
51.82%
|
|
50,000
- 500,000
|
784
|
39.42%
|
783
|
36.45%
|
804
|
37.54%
|
|
500,000
- 3,000,000
|
145
|
7.29%
|
154
|
7.17%
|
163
|
7.61%
|
|
3,000,000
- 15,000,000
|
19
|
0.96%
|
20
|
0.93%
|
47
|
2.19%
|
|
15,000,000
- 50,000,000
|
17
|
0.85%
|
15
|
0.70%
|
17
|
0.79%
|
|
50,000,000
- 100,000,000
|
|
|
|
|
|
|
|
Over
100,000,000
|
|
|
|
|
1
|
0.05%
|
|
Total
|
1,989
|
100.00%
|
2,148
|
100.00%
|
2,142
|
100.00%
|
Source: Malaybalay BPLO
e.
Trend
of number of establishments regist
