November 29, 2012

Davao City Belongs to Word Class Cities in Asia

Davao City was named by Finance Direct Investment (FDI) magazine of the Financial Times Group as one of the Top Ten Asian Cities in the Future aside from Asia’s most livable city. It is one of the concrete proof that this city belongs to word class cities in the Asia, not just in Asia but all over the world. There are only three cities in the Philippines that made it to top ten, Quezon City ranked 7th, Cebu City ranked 8th while Davao City was ranked 10th. Among others these cities were rated based on investment opportunities and governance. 

The FDI’s locations of the future competition covers each region once every two years and the judges for the 2007-2008 survey were David Kinnear, president of DDC HRO, a provider of business process outsourcing in New York; James Ku, manager at the consultancy firm Tactus-Asia Ltd in Shanghai; Anupam Prakas, Asia Pacific leader, global business sourcing and business transformation, HR consultancy firm Hewitt Associates in India; and Larence Yeo, CEO of international consultancy from AsiaBiz Strategy in Singapore. In the youngest cities category, Davao City made it to the top where Cebu City ranked 3rd and Quezon City on the 4th. The city of Davao ranked 2nd among the cities with lowest middle management salary costs and ranked third with the lowest senior management cost. It fall on the 6th place in terms of lowest manual cost category. Therefore we should be proud that we are Dabawenyo's.



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