Premium Essay

Philippine Industrial Classification

In: Business and Management

Submitted By darylyahoo
Words 694
Pages 3
2009 Philippine Standard Industrial Classification (PSIC)
The Philippine Standard Industrial Classification (PSIC) is a detailed classification of industries prevailing in the country according to the kind of productive activities undertaken by establishments. The 2009 PSIC was patterned after the UN International Standard Industrial Classification (ISIC) Rev. 4, but with some modifications to reflect national situation and requirements. The PSIC was revised to (1) reflect changes in economic activities, emergence of new industries, and the structure of the economy (2) to take into account the new technologies employed which affect the organization of production and shifting of economic activities and (3) to realign with the ISIC revisions for purposes of international comparability.
The PSIC serves as a guide in the classification of establishments according to their economic activity useful for economic analysis. * It serves as a framework for data collection, processing and compilation to ensure uniformity and comparability of industrial statistics produced by various entities in both government and private sectors, including those involved in statistics and research activities. * It provides an effective mechanism for the integration of large numbers of statistics being collected for decision-making and policy formulation. * It serves as a basis in the construction of input-output (I-O) table. * It provides a basis for anticipating the emergence of new industries
The 2009 PSIC provides a Summary of Classification Scheme which presents a list of sections, divisions and their corresponding number of groups, classes and sub-classes, and a Detailed Classification presenting hierarchy of categories of industries such as: * 21 sections (one-digit alphabetical codes) * 88 divisions (2-digit codes) * 245 groups (3-digit codes) * 520…...

Similar Documents

Free Essay

Fire Code

...Fire Code of the Philippines 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 Minimum exit door width. Minimum floor to ceiling height. Maximum stair rise height for a class A stair. Maximum height between landings for class A stair. Minimum headroom for class A & B stairs. Unit area per person for waiting areas or standing rooms. Number of exits for place of assembly for 1000 occupants Travel distance to an exit without fire sprinkler system. Travel distance to an exit with fire sprinkler system. Minimum spacing of rows of seats from back to back for a public assembly building. Maximum number of seats in a row in between aisles. Maximum number of seats in a row opening on to an aisle at one side. Standard width of a seat without dividing arms for places of assembly. Minimum width of an aisle serving an occupant of 60. Minimum headroom created by any projection from the ceiling. Minimum clear width of turnstiles. Minimum dimension of landings in direction of travel for class A & B stairs. Minimum number of risers in any one (1) flight of stairs. Minimum height of a handrail above the upper surface of the tread. Minimum clearance of a handrail from any wall. Minimum height of a guard rail. Maximum height of a guard rail. Minimum inner radius of a monumental stair. Minimum width of any balcony......

Words: 2336 - Pages: 10

Premium Essay


...3/2/2016 Special Release: Foreign Trade Statistics of the Philippines: 2006 Special Release No. 284 Date Released: September 7, 2007 FOREIGN TRADE STATISTICS OF THE PHILIPPINES 2006 Total Trade by Month and Year: 2004-2006 Value of Top 10* Philippine Exports from All Countries: 2005 and 2006 Value of Top 10* Philippine Imports from All Countries: 2005 and 2006 Philippine Major Trading Partners of the Philippines: 2006 Philippine Exports to Major Trading Partners: 2006 2006 TOTAL TRADE STANDS AT $99.184 BILLION Total external trade in goods for 2006 reached $99.184 billion, representing an 11.9 percent increase from $88.673 billion in 2005. Total export receipts grew by 14.9 percent to $47.410 billion from $41.255 billion in 2005. Similarly, total imports rose by 9.2 percent to aggregate dollar expenditure of $51.774 billion from $47.418 billion in 2005. The balance of trade in goods (BOT-G) for the Philippines registered a $4.364 billion deficit in 2006, narrower than the previous year’s deficit of $6.163 billion. Figure 1 Philippine Trade Performance: 2005 and 2006 Philippine Imports from Major Trading Partners: 2006 Philippine Trade with EU and ASEAN: 2006 Major Philippine Exports to EU and ASEAN: 2006 Major Philippine Imports to EU and ASEAN: 2006 Philippine Trade with APEC: 2006 Major Philippine Exports to APEC: 2006 Major Philippine Imports from APEC: 2006 2006 TOP 10 EXPORTS ACCOUNT 80.9 PERCENT OF EXPORT......

Words: 2355 - Pages: 10

Premium Essay

Lason Reputation

...natural resources. Together with Laguna Lake Development Authority (LLDA), they carry out regulatory and law-enforced functions with provisions on environmental management, particularly on water quality monitoring, conservation of natural resources, and community-based natural resource management. 2 / 18 One of the most looked after body of water both by the DENR and LLDA here in the Philippines is none other than the infamous Pasig River. The river, which stretches for 25 kilometers from Laguna de Bay to Manila Bay, serves as a major transport route, source of water, and lifeline of Laguna de Bay (one of the biggest freshwater lakes in the world) as such it is a vital ecosystem and an irreplaceable natural resource. However, due to negligence and industrial development, the river has become much polluted and is considered dead (unable to sustain life) by ecologists. Due to this growing problem, the Sagip Pasig Movement was created to take care and literally save the river from peril. Sagip Pasig Movement is the sole agency in the Philippines that specifically focuses on designing and implementing a model on community-based river rehabilitation. It is also an active member of the Presidential Task Force on the rehabilitation of the Pasig River. Aside from that, SPM is also a member of the Steering Committee of the Asian Development Bank (ADB) Technical Assistance on the Pasig River 3 / 18 and provides substantial input in......

Words: 2605 - Pages: 11

Free Essay

National Laws

...program. | Republic Act No. 8041 | National Water Crisis Act of 1995 | It is hereby declared the policy of the State to adopt urgent and effective measures to address the nationwide water crisis which adversely allocate the health and well-being of the population, food production and industrialization process. | Republic Act No. 7942 | Philippine Mining Act of 1995 | All mineral resources in public and private lands within the territory and exclusive economic zone of the Republic of the Philippines are owned by the State. It shall be the responsibility of the State to promote their rational exploration, development, utilization and conservation through the combined efforts of government and the private sector in order to enhance national growth in a way that effectively safeguards the environment and protect the rights of affected communities. | Republic Act No. 7907 | Amendment to the Agrarian reform Code | This Act amends the Republic Act No. 3844 in several sections; the government through its Presidential Agrarian reform Council (PARC) shall provide funds to pay all bonds and other obligations incurred by the Bank of the Philippines as compensation to the landowners (sect. 2). Section 4 of the Act relates to the capital stock of the bank whereas there are also provisions relating to the membership of the board of directors (sect. 5). | REPUBLIC ACT NO. 7900 | High-Value Crops Development Act of 1995 | It is hereby declared the policy of the State to accelerate the......

Words: 6298 - Pages: 26

Premium Essay


...most.??? Philippines is a Newly Industrialized Country The category of Newly Industrialized Country (NIC) is a social economic classification applied to several countries around the world by political scientists and economists. Newly industrialized country's are countries whose economies have not yet reached developed country status but have in a macroeconomic sense, out pached their developing counterparts. Another characterization of NICs is that of nations undergoing rapid economic growth. Incipient or ongoing industrialization is an important indicator of a NIC. The Philippines is considered as a Newly Industrialized Country. It means that the country is granted with the features of increased social freedoms and civil rights, strong political leaders with reputation recognized across the map,a switch from agricultrial to industrial economy, an increase to open-market economy which allows free trade with other, nations in the world, large national corporations extending through foreign lands, strong capital investment from foreign countries and lowered poverty rates. According to International Monetary Fund statistics, Philippine economy is the 40th largest in the world and is also one of the emerging markets in the world. Goldman Sachs estimates that by the year 2050 the Philippines will be the 14th largest economy in the world, also included the Philippines in its list of the Next Eleven economies. According to HSBC, the Philippines economy will become......

Words: 998 - Pages: 4

Free Essay

Commonwealth Act

...Commonwealth Act No. 141 of 1936 AND AN ACT TO AMEND COMPILE THE LAWS RELATIVE TO LANDS OF THE PUBLIC DOMAIN TITLE I TITLE AND APPLICATION OF THE ACT, LANDS TO WHICH IT REFERS, AND CLASSIFICATION, DELIMITATION, AND SURVEY — THEREOF FOR CONCESSION CHAPTER I Short Title of the Act, Lands to Which it Applies, and Officers Charged With Its Execution SECTION 1. The short title of this Act shall be "The Public Land Act. SECTION 2. The provisions of this Act shall apply to the lands of the public domain; but timber and mineral lands shall be governed by special laws and nothing in this Act provided shall be understood or construed to change or modify the administration and disposition of the lands commonly called "friar lands'' and those which, being privately owned, have reverted to or become the property of the Commonwealth of the Philippines, which administration and disposition shall be governed by the laws at present in force or which may hereafter be enacted. SECTION 3. The Secretary of Agriculture and Commerce shall be the executive officer charged with carrying out the provisions of this Act through the Director of Lands, who shall act under his immediate control. SECTION 4. Subject to said control, the Director of Lands shall have direct executive control of the survey, classification, lease, sale or any other form of concession or disposition and management of the lands of the public domain, and his decisions as to questions of fact shall be......

Words: 16833 - Pages: 68

Free Essay

Fiscal Policy Administration

... PHILIPPINE EXPENDITURE POLICY and PERFORMANCE Government expenditures in 1970 rose to unprecedented levels, indicative of a larger government and the growing role of the public sector in the economy. The increase in government spending was justified in the name of development. In the 1970s the Philippines and many other developing countries embraced, the western concept of development propagated by the likes of Rostow, Harold and Domar, and Keynes, and integrated it into policy framework of the industrialized country-dominated World Bank and the IMF. Development meant following footsteps of the now developed countries and infusing heavy doses of foreign capital on domestic economic infrastructure and everything else will follow. Unfortunately, growth and development are just too expensive for developing countries. Debt and more debts have piled up. Revenues did not cope with the government’s heavy spending. The fiscal character of the Philippine public sector has markedly changed since the 1970s. Its size has expanded in terms of the number of government departments, the number of government-owned or controlled corporations, the number of employees, the size of borrowings, and the size of the budget as a whole. The trend and direction of government expenditures received much attention particularly during the turbulent years of Martial Law, the post Martial Law, and the pre and post-EDSA people power revolution. DEFINITION and CLASSIFICATION OF......

Words: 3839 - Pages: 16

Premium Essay

Study Habits

...academic development of human resource culture. Privileged societies like Polytechnic University of the Philippines should have a common objective which is to prepare and train students to become both productive and successful. On the other hand, the students themselves must completely understand the sufficient technical and professional knowledge to form the foundation. Skills necessary to implement that knowledge is enhanced throughout the educational process. People Management Association of the Philippines provides the basis to determine whether an aspiring Human Resource Manager is qualified or not. Along the above-mention line of thinking, the study will be conducted with a purpose of providing information to the university about the significance of having an effective line-up of curriculum in different colleges towards the students’ better future. Achieving the goal of providing a foundation for lifelong learning requires preparation in the professional knowledge, professional skills, professional values, ethics and attitude essential to professional competency. Therefore, before the students end their formal education, they should be prepared to accept and learn new concepts and techniques needed by successful Human Resource Managers in dealing with rapidly changing world. Background of the Study The People Management Association of the Philippines (PMAP) is a strictly professional, non-stock, not-for-profit organization of over 1,800 member......

Words: 2289 - Pages: 10

Free Essay

Asean 2015

...building of the AEC. In short, the AEC will transform ASEAN into a region with free movement of goods, services, investment, skilled labour, and freer flow of capital. II. Declaration on the ASEAN Economic Blueprint The ASEAN Leaders adopted the ASEAN Economic Blueprint at the 13th ASEAN Summit on 20 November 2007 in Singapore to serve as a coherent master plan guiding the establishment of the ASEAN Economic Community 2015. Each ASEAN Member Country shall abide by and implement the AEC by 2015. The Declaration on the ASEAN Economic Blueprint was signed by the Heads of the ASEAN Member Countries. The ten (10) ASEAN member countries is composed of the following: a. Brunei Darussalam b. Cambodia c. Indonesia d. Lao PDR e. Malaysia f. Myanmar g. Philippines h. Singapore i. Thailand j. Vietnam III. Introduction of the ASEAN Economic Blueprint The development of the AEC Blueprint was initiated by the ASEAN Leaders at their Summit in Kuala Lumpur, Malaysia in 1997 wherein they decided to transform ASEAN into a stable, prosperous, and highly competitive region with equitable economic development, and reduced poverty and socio-economic disparities (ASEAN 2020). 1 At the Bali Summit in October 2003, the ASEAN Leaders declared that the AEC shall be the goal of regional economic integration (Bali Accord II) by 2020. In addition to the AEC, the ASEAN Security Community and the ASEAN Socio-Cultural Community are the other two integral pillars of the envisaged ASEAN Community. All......

Words: 2988 - Pages: 12

Premium Essay


...sources). Framework Within the context of the textile complex, as nations industrialize, it is expected that the locus of comparative advantage in the early stages of development will be in labor-intensive sectors. However, as capital and skills are accumulated in the course of industrial development, specialization in more capital and skill intensive upstream activities will emerge. Since labor intensive activities, such as apparel and textile production are downstream components of the complex, and more capital intensive segments, such as man-made fiber production and machinery manufacture are located upstream, we may expect to see a general shift in specialization from apparel and textiles to man-made fibers and textile machinery over the longer term as an industry evolves. For industrialized nations, it might be expected that, over time, they will experience an overall decline in their comparative advantage. This loss will be most rapid in the downstream apparel and textile sectors, while in the upstream sectors of man-made fibers and textile machinery, comparative advantage will be maintained or increased. Some further observations elaborate on this pattern. First, since in the pre-industrial era most apparel is made-up in the home (Dickerson, 1999; Kidwell and Christman, 1974; Rostow, 1991; Timmins, 1993), it might be anticipated that nations in the earliest stages of economic development will exhibit a specialization primarily in textiles. Also, it......

Words: 6750 - Pages: 27

Free Essay

Foi Bil


Words: 6169 - Pages: 25

Premium Essay

Automotive Industry Philippines

...EXECUTIVE SUMMARY OBJECTIVES OF THE STUDY 1. To explore the history of the automotive industry in the Philippines 2. To examine the implications of various laws and regulations, whether domestic or international, on the local automotive industry 3. To provide and survey the current profile of the industry 4. To analyze the problems and challenges significantly affecting the industry, especially those which are economic in nature 5. To provide various recommendations that would address the problems identified and eventually, aid in the betterment of the industry I.   INTRODUCTION The Philippine automotive industry has been greatly characterized by parts and components manufacturing as a result of its participation in production sharing. Parts and components manufacturing accounts for more than 80 percent, while motor vehicle assembly accounts for about 17 percent of the local automotive industry. The components sector consists of: metalworking, rubber, seats and trims, plastics, electrical, and others. The components sector manufactures the following parts: * Suspension: tires steel rims, aluminum wheels, leaf and coil springs                   * Interior: carpets, seats * Electrical system: wiring harnesses, batteries, lamps, relays * Pressed components: mufflers, radiators, seat frames, sea adjusters, oil and air filters, pedals * Rubber and plastic components: fan belts, rubber hoses, small plastic parts *......

Words: 8979 - Pages: 36

Free Essay


...Automotive Industry Lighting by Philips Lighting lighting solutions that really last The ever-growing automotive industry covers an extremely wide range of different work conditions: from small workshops to huge factory halls, from the fine precision work to heavy industrial tasks. Philips offers a range of luminaires designed to provide optimal lighting solutions for such conditions. Lighting solutions that not only enhance efficiency but solutions that really last. Proper construction of a vehicle often requires careful inspection at every step of the production process, with each step demanding very specific lighting conditions. production basics There are six main phases in the production of a vehicle: stamping, body-in-white (B I W ) assembly, paintwork, engine assembly, final assembly and car testing and delivery. Stamping This is the process by which parts (bodies, doors, bonnets, floor pans) are cut out of sheet metal. Completely automated-machines known as transfer presses perform all the work of cutting and shaping the metal. Body-in-white assembly This is the assembly-line operation during which all the various parts are put together and then welded to make the “shell” either by semi- or fullyautomated machinery. Paintwork Here too, the lines are automated to reduce waste and pollution. The body shell is cleaned, dipped in Final assembly During final assembly, all the remaining parts of the car are put together: seats, wheels, engine, dashboard and......

Words: 4029 - Pages: 17

Free Essay

It Park Resort Cordova

...(BPO) industry drove the establishment and infrastructure of many IT parks and centres. IT parks in the Philippines are solid indicators of progress, both in the technological and economic spheres, because of their competitive workforce and multilingual abilities that most multinational companies would prefer to reach out. The Department of Science and Technology-Information and Communications Technology office (DOST-ICT) together with the private sector, like Farlis Development Corporation, is pushing for the improvement of the industry in the country by working together to attract other companies to engage in offshore outsourcing in the country. Cordova is a municipality located in the 6th district of Cebu Province in the Philippines. Most of Cordova lies on separate islands off the southern coast of Mactan island connected over three bridges. The emerging development from the neighbouring cities of Cordova will soon overflow in the municipality. Cordova is favourable for investments like IT Park due to a stable peace and order situation with a concrete road pavement. The current rapid increase of local or foreign investors and tourists urges the establishment of an IT Park and the need for means of entertainment and relaxation to cater their interests. In line with DOST-ICT and private sector’s intention, the researchers aim to create a new ambience for a light industrial eco-zone featuring a resort instead of simply an office building to attract investors and......

Words: 3196 - Pages: 13

Premium Essay

Corporate Background of Davao Packaging Corporation

...CORPORATION | |BO. A.O. FLOIRENDO, PANABO CITY | |Corporate Profile | |COMPANY BACKGROUND | |INTRO | |Davao Packaging Corporation (DAPACOR) is the premier producer of world class packaging products targeting the agricultural, | |industrial, and consumer markets.  | |DAPACOR's core products include: corrugated carton boxes, plastic films and sheets, synthetic twine, sticker labels, and | |recycled resins. DAPACOR is an organization of skilled individuals dedicated to the pursuit of Quality, Excellence and | |Innovation. It has highly-advanced and state-of-the-art equipment that boost its capabilities to exceed its customers' | |expectations. | |DAPACOR's customers are assured to get on-time delivery, all over the world, of high quality and modern......

Words: 1292 - Pages: 6