WikiPedia says: Panabo City (Cebuano: Dakbayan sa Panabo, Filipino: Lungsod ng Panabo) is a 3rd class city near Davao City in the province of Davao del Norte, Philippines. The city has an area of 249 square kilometers. According to the 2010 LGPMS Census, it has a population of 164,035 people in 32,807 households.
The city is known as the "Banana Capital of the Philippines" due to numerous banana plantations scattered throughout the city. In fact, Panabo is the home of the world’s biggest banana plantation, which is owned by the Tagum Agricultural Development Company (TADECO), which covers around 6,900 hectares of banana fields and produce millions of boxes of export-quality bananas annually. The city itself cultivated 40% of its land or around 10,000 hectares into planting export-quality bananas, which is better known as "Cavendish Bananas". Thus, banana cultivation and exportation are the main economic lifeblood of the city.
Panabo City website: http://www.panabocity.gov.ph/