Commercial and retailing trading boon to economic growth

BALANGA CITY, Bataan – A young businessman welcomes the establishment of commercial and retailing trading firms here as a delightful effect of swelling economic growth.

Leonardo L. Hernandez, a proprietor of a dry goods stall inside the huge Balanga City Greater Public Market said the proliferation of commercial and shopping centers in the component city of Balanga signals the strengthening of burgeoning marketing operations and business confidence

Hernandez shares his insights on the concept of retailing, the value of hard work and resourcefulness as successful tangible lessons from his more than two decades as dry goods store owner.

Venturing in retail business needs reasonable price on quality products which is vital in maintaining top satisfaction and trust level.

He noted that the highly-improving local economy is developed by focusing on promotional activities, massive infrastructure projects, income generating services and essential factors in job opportunities which may attract locators in Bataan peninsula.

Survey showed micro, small and medium enterprises (MSMEs) deemed the backbone of the local economy comprise 90 percent of the homegrown establishments.

With identified and strategically designated operational industrial growth areas and Special Economic Zones, Bataan has become one of the investment hubs in Central Luzon.

The result of the vibrant economic progress has substantially influenced the consumer requirement trends of the residents and neighboring towns.

He admires the continuous implementation of planned socio-economic development programs of the local government and active involvement of private institutions of sustaining a business friendly atmosphere in a peaceful community is the biggest motivational mechanism to achieve prosperity.