On the Upswing: Growth targets upgraded as GDP growth exceeds expectations
Philippine GDP expanded 7.1% year-over-year in 3Q 2021 led by strong household consumption
Goldman Sachs, Maybank, Fitch Ratings, and S&P Global Ratings raise 2021 and 2022 Philippine growth projections
Industry Insight: REITs bullish on the Philippine real estate market
REITs are looking to grow their portfolios and more REITs are expected to launch in the coming years
Logistics on the Move: Acquisitions, investments, and expansions in the logistics space
Ayala Corporation’s AC Logistics is acquiring a majority interest in Air21 and partnering with Glacier Megafridge
LBC Express Holdings is investing up to USD 40M in its wholly owned subsidiary, LBC Express, Inc.
SM Group-backed logistics firm Airspeed is opening three new warehouses as e-commerce demand continues to rise
Emerging Industry: Philippine play-to-earn gaming startup attracts Andreessen Horowitz
Andreessen Horowitz (a16z) led the USD 4.6M investment in the Philippines’ Yield Guild Games (YGG)