Macro Movements: Upgrades in GDP growth projections and improving employment figures
The World Bank raises its Philippine growth forecast and Fitch upgrades its outlook
Unemployment drops to 4.5% in April amid increased hiring
Industry Insight: Office market updates and pipeline real estate investment trust (REIT) listing
Office leasing sees upswing despite projected rise in vacancies
SM Prime eyes rollout of the country’s largest REIT listing in the second half of 2023
Bank Sector Snapshot: Asset growth acceleration and reductions in reserve requirements
Philippine banks witness the quickest asset growth in three quarters
Bank reserve requirements to be reduced beginning June 30, 2023