Top Businesses Cagayan de Oro City
Cagayan de Oro City, known as the “City of Golden Friendship,” is more than just a gateway to Northern Mindanao—it’s also a fast-emerging business hub. From retail and real estate to technology and services, the city is home to some of the top businesses in Cagayan de Oro City that drive local growth and create opportunities for entrepreneurs and investors. In this article, we’ll explore the industries and leading companies shaping the city’s economy in 2025.
Retail and Shopping Giants in Cagayan de Oro City
Retail continues to be one of the most vibrant sectors in CDO. Malls like SM CDO Downtown Premier, Centrio Ayala Mall, and Limketkai Center dominate the shopping scene, providing world-class retail experiences. These establishments house both local and international brands, making the city a shopping destination in Northern Mindanao.
Beyond malls, local entrepreneurs have also built strong retail chains. Grocery giants such as Gaisano and Puregold provide essential goods at competitive prices, while small-to-medium-sized local supermarkets continue to thrive in barangays.
The success of retail in the city reflects the increasing purchasing power of Kagay-anons. With more young professionals, students, and OFW families, consumer spending continues to rise. This growth positions retail as one of the top businesses in Cagayan de Oro City, offering both stability and expansion opportunities for investors and SMEs.
Real Estate and Construction Leaders
The real estate boom in CDO is another strong indicator of its economic growth. Leading developers such as Camella Homes, SMDC, Primavera Residences, and Italpinas Development Corporation have invested heavily in the city. Condominium projects, commercial spaces, and subdivisions continue to expand as more people choose to live, study, and work in the city.
Local contractors and construction companies are also benefiting from the surge in infrastructure projects. Road expansions, bridges, and commercial developments fuel demand for construction services. With CDO strategically located between Bukidnon, Misamis Oriental, and Iligan, real estate remains a major driver in the list of top businesses in Cagayan de Oro City.
Food, Hospitality, and Tourism Ventures
The food and hospitality industry is another major player in CDO’s business landscape. Restaurants, coffee shops, and homegrown food brands such as Bigby’s Café and Restaurant, Dear Manok, and Boy Zugba have built loyal followings. International chains like Starbucks and Jollibee are also thriving alongside these local favorites.
Tourism plays a big role too. With adventure attractions like whitewater rafting in CDO’s Cagayan River, nearby Dahilayan Adventure Park, and cultural festivals like Higalaay Festival, hotels and travel agencies benefit from continuous tourist inflows. These businesses not only support the economy but also highlight CDO as a lifestyle and adventure capital in Mindanao.
Technology, Startups, and Digital Solutions
Technology is a fast-growing sector in Cagayan de Oro. Companies like Arriba Telecontact and Concentrix provide BPO services, employing thousands of Kagay-anons. This has strengthened the city’s reputation as a competitive outsourcing destination in the Philippines.
Beyond BPOs, startups like Bentamo (BNTM Technologies Inc.) are driving digital transformation. Bentamo provides affordable web development, digital marketing, and AI solutions, offering businesses the tools to thrive online. With pricing at 30% of the global market, they bridge the gap between technology and Filipino entrepreneurs, making them one of the most promising players among the top businesses in Cagayan de Oro City.
Healthcare, Education, and Professional Services
Finally, healthcare and education remain vital industries in the city. Capitol University Medical Center, Polymedic, and Xavier University’s hospitals and clinics are top choices for medical care. The education sector is equally strong with institutions like Xavier University – Ateneo de Cagayan, Liceo de Cagayan University, and USTP producing a skilled workforce for local industries.
Law firms, accounting agencies, and consultancy firms also continue to expand, catering to both corporate clients and individuals. These services play a vital role in supporting the overall business ecosystem of CDO.
Final Thoughts
From retail and real estate to startups and services, the top businesses in Cagayan de Oro City are shaping the future of Northern Mindanao. The city’s steady economic growth, coupled with its strategic location and skilled workforce, makes it one of the most exciting places for business in the Philippines today.