Yangon Region census report, the population of Yangon region is 7.36 million. Burmese is the primary language used by Burmese of all ethnic backgrounds. English is the main second language among the urban elite of Yangon. Yangon Region is the most developed region in the country. According to the government's official statistics for FY 2010–2011, the size of the economy of Yangon Region was 8.93 trillion kyat, or 23% of the national GDP. Greater Yangon is Lower Myanmar’s main trading hub for all kinds of merchandise – from basic food stuffs to used cars. Bayinnaung Market is the largest wholesale center in
Bago, Negros Occidental under which a native prince Mapagic died according to the writings of a Spanish historian, Diego de Povedano. Another version, however, noted that the name came from the shrub, "bago-bago" that grew abundantly in the riverbanks. Around the 17th and 18th Centuries, settlers from Molo, Iloilo formed a little village at the mouth of Bago River, presently a rich source of sand and gravel. The village grew into a large settlement prompting its elders to pass a petition for its conversion into a town or "pueblo", which was granted in 1800. Its history has its beginning on September 6, 1571