Business Profile

The Municipality of Libungan in the first Congressional District of Cotabato is basically an Agricultural area. It has the basic requirements for agro-industries. It has lots of rice/corn mills, Buy/Sell, Agri-supply and Hardware supplies store. In the PALMA Alliance, Libungan has the biggest source of sand and gravel supply owing to the Libungan River bed. Libungan is also the home of the biggest poultry farm in the PALMA Alliance; it has also the Rock crusher and banana chips factory. It also has filling stations, pawnshops and a Rural Bank servicing mobility and financial requirements of local business.

The agricultural land in the municipality is planted with rice, corn and a hundred hectares to the traditional white corn variety. Coconut, mango and banana are also planted in the semi-sloping and upland areas.

In the last five years from 2014, the development of tourism in the municipality was minimal. The municipal government has eyed developing the Sapangbato River at Barangay Grebona, the waterfall at Barangay Sinapangan and the Boy & Girl Scout Camp at Barangay Demapaco as tourism sports. The waterfall at Sinapangan is the sole existing waterfall in Libungan and the BGS Camp in Demapaco was dilapidated. Tourists visiting the municipality primarily comes from adjacent municipalities and Cotabato City.

Total Number of Business Registrations

Comparative Figures 2011 2012 2013 2014 2015 Jan-Mar 2014 Jan-Mar 2015 Jan-Mar 2016
Number of approved business permits for NEW business applications 000 000 000 000 000 000 000 000
Number of approved business RENEWALS 000 000 000 000 000 000 000 000
TOTAL number of annual business registrations (ADDITIONS) 000 000 000 000 000 000 000 000
Comparative Figures 2011-2012 2012-2013 2013-2014 2014-2015 Jan-Mar 2014 and 2015 Jan-Mar 2015 and 2016
GROWTH of the Total Number of Business Registration 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Number of Banks and Financial Institutions

Comparative Figures 2011 2012 2013 2014 2015
Number of Universal/Commercial Banks 0 0 0 0 0
Number of Thrift and Savings Banks 0 0 0 0 0
Number of Rural Banks 0 0 0 0 0
Number of Finance Cooperatives 00 00 00 00 00
Number of Savings and Loans Associations with Quasi-Banking Functions 0 0 0 0 0
Number of Pawnshops 00 00 00 00 00
Number of Money Changers/Foreign Exchange Dealers 00 00 00 00 00
Number of Remittance Centers 00 00 00 00 00
Number of Microfinance Institutions 00 00 00 00 00
Total Number of Financial Institutions 00 00 00 00 00