Cagayan de Oro City tagged as "most competitive" in PH

ABS-CBNNews.com reports that "according to the National Competitiveness Council (NCC), Cagayan de Oro is the Philippines’ most competitive city in 2012."

The report noted: "A city’s competitiveness was measured using three indicators: economic dynamism, government efficiency and infrastructure." It also added: "After Cagayan de Oro, the top four ’most competitive’ cities were Iloilo City; San Fernando, Pampanga; Butuan City, and Bacolod City."

This news may be bittersweet for Cagayan de Oro residents, as a bomb blast recently disrupted the progressive city.

For more on this story, log on to ABS-CBNNews.com.