Here’s what you need to know: Macro Developments: November unemployment at its lowest in 17-years while inflation is at a 14-year high Industry Spotlight: USTDA to open office in the Philippines IPO Watch: PSE targeting 14 IPOs for 2023 Deal Spotlight: MPIC voluntary delisting, Arch Capital launches Digital Halo, and Converge ICT Singapore expansion Macro […]
Inside the Philippines: December 2022
Here’s what you need to know: Macro Movements: PH GDP expected to grow over 7%; BBB+ rating affirmed by S&P Global Trade Relations: Philippines could sign RCEP trade agreement by early 2023 Deal Spotlight: MUFG acquires Home Credit PH; Tonik aims to enter new market through TendoPay acquisition Industry Watch: E-Commerce drives growth of digital […]
Inside the Philippines: November 2022
Here’s what you need to know: Macro Developments: Inflation soars to nearly 14-year high; further monetary tightening signaled Switching Sources: New measures accelerate shift to renewable energy Industry Insight: Local conglomerates foray into the fast-emerging data center market Startup Scene: Packworks to represent the Philippines at the 2023 Startup World Cup in Silicon Valley Macro […]
Inside the Philippines: October 2022
Here’s what you need to know: Macro Developments: Inflation hits 4-year high and interest rate hikes expected Acquisition Activity: Ayala and Gokongwei groups to merge banks; San Miguel to acquire major cement maker Startup Scene: Cloud kitchen CloudEats and online shipping platform Shipmates raise capital Industry Spotlight: Blockchain and cryptocurrency in the Philippines Macro Developments: […]
Inside the Philippines: September 2022
Here’s what you need to know: Macro Movements: 2Q 2022 GDP growth meets gov’t target; Central Bank implements further interest rate hike Spurring Investments: Foreign investment pledges more than double in 2Q 2022 Deal Spotlight: Globe forges USD 1.25B sale for its telco towers; Local startups raise Series A funding rounds Industry Watch: IT-BPO industry […]
Inside the Philippines: August 2022
Here’s what you need to know: Macro Developments: Upgrades in Philippine growth forecasts and further monetary policy tightening Industry Watch: Office take-up and retail occupancy approach pre-pandemic levels Going Public: Cold storage firm eyes IPO for expansion Startup Spotlight: Fast Logistics and CVC invest in local tech startup Macro Developments: Upgrades in Philippine growth forecasts […]
Inside the Philippines: July 2022
Here’s what you need to know: Macro Developments: Upgrades in GDP growth forecasts and downtrend in unemployment Industry Watch: Outsourcing outperforms targets; office leasing sees uptick in demand Going Public: Capital raising activity and a new real estate investment trust (REIT) First Steps: New Philippine President takes the helm Macro Developments: Upgrades in GDP growth […]
Inside the Philippines: June 2022
Here’s what you need to know: Macro Movements: 1Q 2022 GDP growth sees upswing; Central Bank raises key policy interest rate New Administration: Marcos officially proclaimed next Philippine president Deal Spotlight: Foreign investment manager acquires Clark office complex; Startups raise various funding rounds Industry Watch: Telco sector sees opportunities for satellite internet, benefits from inclusion […]
Inside the Philippines: May 2022
Here’s what you need to know: Optimistic Outlook: Robust Philippine GDP growth to outpace regional peers Deal Spotlight: PLDT raises USD 1.5 billion from landmark tower sale; PLDT’s Voyager reaches unicorn status Industry Insight: Return-to-office to accelerate office market absorption Gaining Ground: Healthcare outsourcing firms seek to expand Philippine footprint Optimistic Outlook: Robust Philippine GDP […]
Inside the Philippines: April 2022
Here’s what you need to know: Optimistic Outlook: Robust growth eyed for Philippine GDP Real Estate Investment Trust (REITs): IPO and acquisitions in the pipeline Spurring Investments: Amended law allows for full foreign ownership in select sectors Industry Watch: Local e-Commerce startups gain traction Optimistic Outlook: Robust growth eyed for Philippine GDP OECD expects the […]