Economy
Dagupan has a high concentration of 57 banks and 44 financial institutions that support its status as the major trading and commercial center in North Luzon. It has several malls, supermarkets and multi-national food chains.
Dagupan was identified in 2008 as one of the country's most competitive small-sized cities for doing business in an annual survey conducted by the Asian Institute of Management (AIM) Policy Center. It was ranked based on its respective costs of doing business; the dynamism of the local economies; human resources and training; infrastructure; the responsiveness of the local government units to business’ needs; and the quality of life of its inhabitants. The annual survey is a research undertaking of the AIM Policy Center that seeks to identify the best cities in the country in which to live, work and operate a business.
Dagupan have been named as one the most competitive cities outside Metro Manila in the Philippine Cities Competitiveness Ranking Project 2009 (PCCRP) of the Asian Institute of Management Policy Center. The study, which was launched Monday in Pasay City, used six criteria in ranking the 29 cities: dynamism of local economy, responsiveness of the LGUs to business, infrastructure, quality of life, and cost of doing business and human resource and training.Dagupan City is the most competitive among the emergent cities. It bested the cities of Angeles, Butuan, Cotabato, Lucena, Naga, Legaspi, Pagadian, Puerto Princesa, Ormoc, Iligan, Tagum, and San Fernando in La Union, Surigao, Tuguegarao, Tacloban and Santiago.
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