Like many other settlements on the eastern coast of Negros, the community of Toboso had expanded with the coming of immigrants from the island of Cebu and developed extensively in fishing, agriculture and commerce.

During early period of American colonization of the Philippines, more impetus was dedicated to a sugarcane mill called the Central Azucarera del Danao at Labilabi, 6 kilometers from Toboso.

The development of the sugar industry was started and gave livelihood to members of the community of Toboso.

Toboso is located on the northeastern side of the province of Negros Occidental and is facing the island of Cebu.

Throughout the years, economic progress in Toboso has been sluggish due to the limited number of business establishments.

Corn, livestock raising, poultry, game fowl and fishing are also major contributors to local economy.

The Mainit Hot Springs are located in the area of the Barangay San Isidro, twelve kilometers from the town center.

Kampanoy Cave, located on the territory of Barangay General Luna, has a spacious interior which resembles a dome cathedral, next to the coast and is inhabited by Edible-nest swiftlet (Aerodramus fuciphagus) which in recent years has been damaged because of phosphate mining.

The magnificent 250 meter high cascades of the Dalisun Waterfalls are located near Sitio Vergara, Brgy.