Friday, January 23, 2026

Davao City Joins an Elite Group of Philippine Cities Supporting Multiple S&R Warehouse Store


Davao City Strengthens Its Position as a Key Retail and Investment Hub with Second S&R Warehouse

Davao City is set to further solidify its standing as a high-performing urban market with the planned opening of a second S&R Membership Shopping warehouse, placing it among a small group of Philippine cities—alongside Quezon City and ParaƱaque—with the capacity to support multiple S&R locations.

This expansion reflects more than retail growth; it is a clear market signal.

S&R Membership Shopping follows a disciplined, data-driven expansion model, prioritizing locations with strong household purchasing power, sustained consumer demand, and long-term economic stability. The decision to establish a second branch in Davao City indicates confidence in the city’s ability to absorb large-scale retail investments while maintaining healthy sales performance across multiple sites.

From an investment perspective, this development highlights several key strengths of the Davao City market:

  • A broad and resilient consumer base capable of supporting premium and bulk retail formats

  • Efficient urban growth that allows geographic expansion without market saturation

  • A stable labor pool, supporting both direct employment and allied industries

  • Strong alignment with national retailers’ long-term growth strategies

The presence of two S&R warehouses also contributes to increased commercial activity, reinforcing Davao City’s role as a regional consumption and distribution center in Mindanao. Such developments tend to generate multiplier effects, benefiting logistics, real estate, food supply chains, and service sectors.

Only a limited number of cities nationwide demonstrate the economic depth required for this level of retail concentration. Davao City’s inclusion underscores its transition from a regional center to a strategic city of national investment relevance.

As major brands continue to scale their operations in the city, Davao’s trajectory points toward sustained growth, improved market sophistication, and expanding opportunities for both local and external investors. The second S&R store serves as a tangible indicator of this momentum—one that reinforces confidence in Davao City’s long-term economic outlook.

Saturday, December 13, 2025

Puregold Monkayo Opens, Strengthening Monkayo’s Role as a Growing Business Hub in Davao de Oro

Puregold Monkayo Opens, Strengthening Monkayo’s Role as a Growing Business Hub in Davao de Oro

Monkayo, Davao de Oro — The municipality of Monkayo marked a significant milestone in its economic development with the grand opening of Puregold Monkayo on December 4, 2025, spotlighting the town’s growing appeal as a center for commerce and investment in Eastern Mindanao.

Strategically located inside the J&F Mall Monkayo, Puregold Monkayo brings one of the Philippines’ most trusted retail brands closer to local consumers, offering affordable groceries and essential goods under its signature “Always Panalo” promise. Open daily from 8:00 a.m. to 8:00 p.m., the new store is expected to generate employment, support local suppliers, and strengthen retail activity in the municipality.

According to Monkayo Mayor Manuel “Way Kurat” E. Zamora Jr., the entry of Puregold reflects increasing confidence in the town’s economic direction.

“The opening of Puregold Monkayo is a clear indication that national companies recognize Monkayo’s readiness for business. This investment will not only provide jobs but also improve access to affordable goods for our people,” Mayor Zamora said, underscoring the local government’s commitment to inclusive economic growth.

The development also reinforces Monkayo’s strategic role within Davao de Oro and the greater Davao Region. The municipality serves as a key gateway connecting the region to Caraga, facilitating trade and consumer movement across provincial government’s commitment to inclusive economic growth.

Vice Mayor Manuel B. Brillantes Jr. emphasized the importance of connectivity in attracting investments.

“Our strength lies in our location and our road networks. The link through Mt. Diwalwal or Mt. Diwata connecting Monkayo to Boston and the Caraga Region in Davao Oriental opens wider economic opportunities for investors and local enterprises alike,” the vice mayor noted, highlighting how infrastructure can accelerate regional development. 

The Mt. Diwalwal (Mt. Diwata) road network, which connects Monkayo to Boston and Caraga in Davao Oriental, has become a vital transport corridor for goods, services, and people. This accessibility enhances Monkayo’s potential as a logistics and commercial hub serving multiple regions in Eastern Mindanao.


From the private sector, Puregold Price Club, Inc. expressed confidence in Monkayo’s growth trajectory. Ferdinand Vincent P. Co, President and Director of Puregold Price Club, Inc., said the company sees long-term opportunities in the municipality.

“Puregold is pleased to be part of Monkayo’s development. We chose this location because of its strong market potential, improving infrastructure, and its strategic position connecting Davao de Oro, Davao Oriental, and Caraga. We are committed to serving the community and growing together with the local economy,” Co stated, highlighting Puregold’s commitment to community-centered retail expansion. 

Business leaders believe the presence of a major retail chain will create a ripple effect—supporting micro, small, and medium enterprises while encouraging further investments in the area.

As Monkayo continues its upward trajectory, the opening of Puregold Monkayo underscores its transformation into a strategic business and commercial hub in Davao de Oro. With robust regional connectivity, including the Mt. Diwalwal road network, a growing consumer base, and increasing investor confidence, Monkayo is poised to play a pivotal role in driving economic growth across the Davao Region and neighboring Caraga Region.


Sunday, August 21, 2022

A New Landmark Rises: Poblacion Market Central Debuts in Davao City

Davao City, Davao — The Poblacion Market Central (PMC) on Madrazo Street officially opened its doors on August 15, 2022, marking a new addition to the city’s growing lifestyle destinations.

The launch was attended by Mayor Sebastian “Baste” Duterte, together with Vice Mayor J. Melchor Quitain Jr., Councilor Al Ryan Alejandre, Conrado and Ladislawa Alcantara Foundation President Cecile Dominguez-Yujuico, and Alsons Development and Investment Corporation Vice President and General Manager Jolla Soriaga.


Positioned as Davao’s latest hub for food, retail, and culture, PMC highlights export-grade local products that celebrate Dabawenyo creativity, heritage, and craftsmanship. A vibrant Sarimanok-themed mural by renowned local artist Kublai Milan was also unveiled during the ceremony, adding a striking artistic centerpiece to the space.



With its curated shops, dining choices, and strong cultural identity, Poblacion Market Central is set to become a must-visit spot for both locals and visitors exploring the heart of Davao.
.

Tuesday, April 19, 2022

Job Opening: Euro Towers International Inc.is Hiring



Join Our Team at Euro Towers International Inc.

Euro Towers International Inc. is expanding, and we are looking for driven and motivated professionals to join our growing real estate team in Davao.


Now Hiring:

  • Sales Directors

  • Sales Managers

  • Property Specialists


Why Join Euro Towers International Inc.?

  • Exciting real estate projects in Davao

  • Competitive compensation and incentives

  • Opportunities for career growth and leadership

  • Supportive and professional work environment


Qualifications:

  • Experience in real estate sales or a related field (preferred but not required for Property Specialists)

  • Strong communication and interpersonal skills

  • Goal-oriented and self-motivated

  • Ability to work independently and as part of a team


How to Apply:

Interested applicants may send their CV/Resume to:
šŸ“§ sales@eurotowersintl.com

Take the next step in your career and grow with Euro Towers International Inc.

Search This Blog