Inside the Philippines: April 2022

Optimistic Outlook: Robust growth eyed for Philippine GDP

OECD expects the Philippines to be the fastest growing economy in Southeast Asia in 2022

Moody’s Analytics raises 2022 Philippine GDP growth estimate

Real Estate Investment Trust (REITs): IPO and acquisitions in the pipeline

VistaREIT expected to conduct an initial public offering (IPO) in the second quarter of 2022

AREIT and RL Commercial REIT set to acquire additional office buildings

Spurring Investments: Amended law allows for full foreign ownership in select sectors

Foreign ownership limits have been lifted in the telecommunications, airlines, shipping, and railway industries

Industry Watch: Local e-Commerce startups gain traction

GrowSari raises a total of USD 77.5M in its Series C round and a total of USD 110M to date

SariSuki raises USD 10.7M in funding from global and local investors

Great Deals E-Commerce lands the top spot in the Financial Times’ ranking of high-growth companies in the Asia-Pacific

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