Inside the Philippines: August 2024

Macro Movements: Philippine economy to lead ASEAN in growth

Domestic demand expected to fuel Philippine GDP


Business Movements: Marcos declares POGO ban effective immediately; Clark attracts expansion from global firms

President Ferdinand Marcos Jr. bans Philippine offshore gaming operators
Three global logistics firms to expand their operations in Clark


Industry Insights: Digital payments now dominating the Philippine retail sector

Majority of retail payments are now done through digital channels


Deal Spotlight: Philippine casino firm reported to raise USD 200 million; ZUS Coffee to gain PHP 3 billion investment

Philippine casino firm Hann is said to mull USD 200 million IPO
KV Asia Capital expected to invest in ZUS Coffee


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