Basay is agricultural, with sugar cane, rice, corn and copra as major crops.

Balatong Point, also known as Punta Tambongon, was the landing site of a submarine bearing the biggest shipment of WWII ammunition for Negros Oriental.

The party was headed by Col Jesus Villamor, acting on the personal direction of Gen Douglas MacArthur who was then in Australia.

Bal-os and Cabcaban springs are important sources of potable water as well as sunny picnic sites.

Basay is located in the south of Negros Island on the coast of the Sulu Sea, 122 kilometres (76 mi) from Dumaguete.