Inside the Philippines: July 2025

Macro Movements: Growth targets revised, interest rates trimmed as economic headwinds persist

Government lowers 2025 growth target to 5.5–6.5% amid external risks

BSP cuts rates by 25 bps to 5.25% as inflation cools


Industry Insights: ACEN signs 200 MW Meralco deal; Malampaya kicks off Phase 4 drilling

ACEN signs long-term PPA for 200 MW wind project with Meralco

Malampaya Phase 4 drilling begins to secure long-term gas supply


Deals Spotlight: Pertamina invests $120M in CREC; Hotel101 completes $2.3B Nasdaq listing

Indonesia’s Pertamina NRE acquires 20% stake in Citicore Renewable Energy Corp. (CREC) for $120M

Hotel101 Global lists on Nasdaq following $2.3B SPAC merger


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