Macro Movements: 1Q 2022 GDP growth sees upswing; Central Bank raises key policy interest rate
Philippines’ 1Q 2022 GDP grows by 8.3% year-on-year
Local Central Bank raises key interest rate to 2.25%
New Administration: Marcos officially proclaimed next Philippine president
Ferdinand Marcos Jr. proclaimed president-elect of the Philippines
Deal Spotlight: Foreign investment manager acquires Clark office complex; Startups raise various funding rounds
CarVal Investors-backed Aeropark Development Philippines Inc. (ADPI) invests in West Aeropark
Coins.ph and Xendit PH raise various funding rounds in May
Industry Watch: Telco sector sees opportunities for satellite internet, benefits from inclusion as gov’t priority
Starlink gets approval from National Telecommunications Commission (NTC)
Converge ICT secures approval for tax incentives