Editing Baguio (section)

==Economy==
[[File:SM_City_Baguio_2023-02-24.jpg|thumb|[[SM City Baguio]] seen from [[Burnham Park (Baguio)|Burnham Park]]]]
{{PH poverty incidence}}

As a melting pot of different peoples and cultures in the [[Cordillera Administrative Region]], numerous investments and business opportunities are lured to Baguio.<ref name="BaguioGovPH-About2" /> Baguio has a large retail industry, with shoppers coming to the city to take advantage of the diversity of competitively priced commercial products on sale.<ref>{{Cite news |title=How small malls compete with big malls |newspaper=Philippine Daily Inquirer |url=http://business.inquirer.net/99287/how-small-malls-compete-with-big-malls |access-date=August 28, 2016}}</ref> The city is also popular with bargain hunters;<ref>{{Cite news |last=Sibayan |first=Ada |date=April 19, 2012 |title=Used bikinis with 'kuto' in 'ukay-ukay'? |work=ABS-CBN News |url=https://news.abs-cbn.com/nation/regions/04/19/12/used-bikinis-kuto-ukay-ukay |archive-url=https://web.archive.org/web/20220914110023/https://news.abs-cbn.com/nation/regions/04/19/12/used-bikinis-kuto-ukay-ukay |url-status=dead |archive-date=September 14, 2022 |access-date=September 14, 2022 }}</ref> some of the most popular bargaining areas include Baguio Market and [[Maharlika Livelihood Center]].{{citation needed|date=September 2022}} The city is home to numerous shopping centers and malls catering to increasing commercial and tourist activity;<ref name="Padawangi-2018">{{Cite book |last=Padawangi |first=Rita |url=https://books.google.com/books?id=HHh0DwAAQBAJ&pg=PT862 |title=Routledge Handbook of Urbanization in Southeast Asia |date=October 11, 2018 |publisher=Routledge |isbn=978-1-134-79977-0 |language=en |access-date=September 14, 2022}}</ref> these include: [[SM City Baguio]], Baguio Center Mall, Abanao Square, and Tiong San.<ref>{{Cite news |last1=Roque |first1=Anselmo |last2=Martinez-Clemente |first2=Jo |last3=Orejas |first3=Tonette |last4=Cabreza |first4=Vincent |last5=Sotelo |first5=Yolanda |date=December 22, 2012 |title=How small malls compete with big malls |language=en |newspaper=Philippine Daily Inquirer |url=https://business.inquirer.net/99287/how-small-malls-compete-with-big-malls |access-date=September 14, 2022 |archive-url=https://web.archive.org/web/20121222135713/https://business.inquirer.net/99287/how-small-malls-compete-with-big-malls |archive-date=December 22, 2012}}</ref>

Various food and retail businesses run by local residents proliferate, forming a key part of Baguio's cultural landscape. Several retail outlets and dining outlets are situated along Bonifacio Street, [[Session Road]], [[Teacher's Camp]], [[Mines View Park]] and Baguio Fastfood Center near the market.{{citation needed|date=July 2021}}

[[File:Baguio downtown - Maharlika Livelihood Complex and Malcolm Square (Magsaysay Avenue, Baguio, Benguet)(2018-02-25).jpg|thumb|left|[[Maharlika Livelihood Center]]]]

The areas of [[Session Road]], Harrison Road, Magsaysay Avenue and Abanao Street, comprise the city's trade center, where commercial and business structures such as cinemas, hotels, restaurants, department stores, and shopping centers are concentrated. The City Market offers a wide array of locally sourced goods and products, usually from [[Benguet]] province,<ref name="NordisNet2">{{Cite news |last=Sinumlag |first=Alma B. |date=November 28, 2010 |title=LT folk clarifies Baguio cut flowers origin |work=Northern Dispatch Weekly |url=http://www.nordis.net/2010/11/lt-folk-clarifies-baguio-cut-flowers-origin/ |access-date=February 29, 2016 |quote=The spokesperson of this town's Municipal Agricultural and Fishery Council (MAPC) and chairperson of the Barangay Agricultural and Fishery Council (BAPC) in Lubas, La Trinidad clarified that cut flowers do not really originate in Baguio. Christina Tiongan in an interview on 24 November lamented that tourists always associate Baguio with cut flowers and other products like temperate vegetables that do not really originate in the city. "We are the ones producing those products but there had been no efforts from the city to correct tourists' perception", she said.}}</ref><ref name="CNNPhil2">{{Cite news |last=Lapniten |first=Karl |date=February 24, 2016 |title=Strawberries hit bottom prices in Baguio |work=CNN Philippines |url=http://cnnphilippines.com/regional/2016/02/24/strawberries-bottom-prices-baguio.html |access-date=February 29, 2016 |quote=The capital town of Benguet, La Trinidad supplies most of the strawberries sold at the Baguio Public Market. Much of the produce also comes from small strawberry farms in the outskirts of Baguio and in nearby municipalities of Benguet. |archive-date=March 5, 2016 |archive-url=https://web.archive.org/web/20160305112721/http://cnnphilippines.com/regional/2016/02/24/strawberries-bottom-prices-baguio.html |url-status=dead }}</ref> which includes colorful woven fabrics and hand-strung beads to primitive wood carvings, cut flowers,<ref name="NordisNet2" /> strawberries and "Baguio" vegetables. The term 'Baguio vegetables' often denotes vegetable types that thrive in the cooler growing climate. Strawberries and [[string beans]]—referred to as ''Baguio beans'' across the Philippines—are shipped to major urban markets across the archipelago.{{citation needed|date=July 2021}}

Another key source of income for Baguio is its position as the economic hub of the Cordillera Administrative Region.<ref>{{Cite news |last=Cabreza |first=Vincent |date=October 28, 2019 |title=Avoid urban decay, Baguio neighbors told |language=en |newspaper=Philippine Daily Inquirer |url=https://newsinfo.inquirer.net/1182378/avoid-urban-decay-baguio-neighbors-told |access-date=September 14, 2022 |archive-url=https://web.archive.org/web/20191029201833/https://newsinfo.inquirer.net/1182378/avoid-urban-decay-baguio-neighbors-told |archive-date=October 29, 2019}}</ref> The economy of the city has benefited from the vibrant mining industry in several towns of Benguet.<ref>{{Cite news |last=See |first=Dexter A. |title=Baguio benefitting from robust mining operations in Benguet |work=City Government of Baguio |url=https://baguio.gov.ph/content/baguio-benefitting-robust-mining-operations-benguet |access-date=September 14, 2022 |archive-url=https://web.archive.org/web/20220914101239/https://baguio.gov.ph/content/baguio-benefitting-robust-mining-operations-benguet |archive-date=September 14, 2022}}</ref> Many agricultural goods produced in Benguet pass through Baguio for processing, sale or further distribution to the lowlands.<ref>{{Cite news |last1=Quitasol |first1=Kimberlie |last2=Cabreza |first2=Vincent |date=January 6, 2022 |title=Holidays good for vegetable, strawberry farmers in Benguet |language=en |newspaper=Philippine Daily Inquirer |url=https://newsinfo.inquirer.net/1536655/holidays-good-for-vegetablestrawberry-farmers-in-benguet |access-date=September 14, 2022 |archive-url=https://web.archive.org/web/20220105212100/https://newsinfo.inquirer.net/1536655/holidays-good-for-vegetablestrawberry-farmers-in-benguet |archive-date=January 5, 2022}}</ref>

===Industrial===
Baguio is one of the Philippines' most profitable and best investment areas.<ref>{{Cite news |title=Baguio offers investors new profit opportunities |newspaper=Philippine Daily Inquirer |url=http://business.inquirer.net/176835/baguio-offers-investors-new-profit-opportunities |access-date=August 28, 2016}}</ref><ref>{{Cite news |title=Business booms in Baguio City as 18th Ad Congress draws near |work=The Philippine Star |url=http://www.philstar.com/business/228101/business-booms-baguio-city-18th-ad-congress-draws-near |access-date=August 28, 2016}}</ref>

A [[Philippine Economic Zone Authority]] (PEZA)-accredited business and industrial park called the [[Baguio City Economic Zone]] (BCEZ) is located in the southern part of the city between [[Camp John Hay|Camp John Hay Country Club]] and [[Philippine Military Academy]] in Barangay Loakan. Firms located in the BCEZ mostly produce and export knitted clothing, transistors, small components for vehicles, electronics and computer parts. Notable firms include [[Texas Instruments|Texas Instruments Philippines]], which is the second largest exporter in the country.<ref>{{Cite news |last=Cahiles-Magkilat |first=Bernie |date=February 13, 2007 |title=Baguio export zone to get P6.7 B in new investments |work=Manila Bulletin |url=http://www.mb.com.ph/node/6808#.US2gKqLnfA0 |url-status=dead |access-date=February 27, 2013 |archive-url=https://web.archive.org/web/20120728150843/http://www.mb.com.ph/node/6808 |archive-date=July 28, 2012}}</ref> Other companies headquartered within the economic zone include [[Baguio Ayalaland Technohub]],<ref>{{Cite web |title=Baguio Ayala Land Technohub |url=https://ayalalandoffices.com.ph/offices/baguio/baguio-ayala-land-technohub |archive-url=https://web.archive.org/web/20200814171244/https://ayalalandoffices.com.ph/offices/baguio/baguio-ayala-land-technohub |archive-date=August 14, 2020 |access-date=September 16, 2022 |website=Ayala Land Offices |language=en}}</ref> [[Moog, Inc|Moog Philippines, Inc.]],<ref>{{Cite web |date=February 10, 2015 |title=Moog Controls Corporation |url=https://industry.gov.ph/testimonial/moog-controls-corporation/ |archive-url=https://web.archive.org/web/20161219122442/https://industry.gov.ph/testimonial/moog-controls-corporation/ |archive-date=December 19, 2016 |access-date=September 14, 2022 |website=Industry.gov.ph |publisher=Department of Trade and Industry}}</ref> [[Linde AG|Linde Philippines, Inc.]], [[LTX|LTX Philippines Corporation]], and [[Sitel|Sitel Philippines, Baguio]].<ref>{{Cite web |title=List of Enterprises With Approved Investments; As of 30-Nov-2019 |url=https://storage.googleapis.com/request-attachments/Iykod9Dj63bNNrK28D1wX8GxcR5WpLQ6maMWJywLpg6eECenNP48vQoD3V9NOzX3cNJuH0usP6alALatxTDezYVqf77FIjQA1x9o/PEZA-registered%20Companies%20in%20BCEZ.xlsx |archive-url=https://web.archive.org/web/20220916110755/https://storage.googleapis.com/request-attachments/Iykod9Dj63bNNrK28D1wX8GxcR5WpLQ6maMWJywLpg6eECenNP48vQoD3V9NOzX3cNJuH0usP6alALatxTDezYVqf77FIjQA1x9o/PEZA-registered%20Companies%20in%20BCEZ.xlsx |archive-date=September 16, 2022 |access-date=September 16, 2022 |website=[[Freedom of Information Order (Philippines)|Electronic Freedom of Information]] |publisher=[[Philippine Economic Zone Authority]] |format=[[XLSX]]}}</ref>

===Outsourcing===
[[File:Convergys_Baguio.JPG|thumb|A building hosting a BPO in Baguio]]

Outsourcing contributes to the city's economy and employment. [[Sitel]], whose main office is located in the [[Baguio City Economic Zone]], is the largest [[Business process outsourcing|BPO]] company in the city with four sites established within the BCEZ. There are also multiple BPOs present in the city with numerous PEZA-accredited private economic zones established to cater to this industry. The Ayala Technohub located in Camp John Hay hosts [[Cocentrix]] and [[InterContinental Hotels Group]] alongside other commercial establishments.<ref>{{Cite web |title=Baguio Ayala Land Technohub |url=https://ayalalandoffices.com.ph/offices/baguio/baguio-ayala-land-technohub |website=AyalaLand Offices}}</ref> Teleperformance Baguio and Thoughtfocus is established at the SM Cyberzone Building (also known as SM Fiesta Strip) located in front of Sunshine Park,<ref>{{Cite web |title=5,286 employed by John Hay economic zone locators |url=https://www.baguio.gov.ph/content/5286-employed-john-hay-economic-zone-locators |website=City Government of Baguio}}</ref> while other call centers downtown are Optimum Transsource, Sterling Global and Global Translogic. Tech-Synergy operates a large transcription and back office operation near Wright park.

In recent years, there has been a surge of ESL ([[English as a Second Language]]) Tutorial Schools throughout Baguio that caters to students from other countries and also provide online services. This industry however has been hit hard by the COVID-19 pandemic with foreign students returning to their home countries.<ref>{{Cite news |last=Tabios |first=Hanah |title=Puyat bullish on recovery of English schools |work=Manila Bulletin |url=https://mb.com.ph/2020/07/12/puyat-bullish-on-recovery-of-english-schools/ |access-date=December 25, 2021}}</ref>

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