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 beside 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.