On the Upswing: Philippine economy expands by 5.6% in 2021, exceeding government’s target
Philippines’ 4Q 2021 GDP increases by 7.7%, raises full-year growth to 5.6%
Containing COVID: Government eases border controls, extends scope of vaccination program
Government eases border control measures as Omicron wave subsides
National vaccination program to begin inoculating kids aged 5 to 11
Spurring Investments: Foreign retailers face lower entry requirements; BoI targets approval of USD 20B in investments
Amendments to the Retail Trade Liberalization Act (RTLA) lower barriers to entry for foreign retailers
Board of Investments targets to approve USD 20B in investment pledges this 2022
Deal Spotlight: Local startups raise various funding rounds
GrowSari, BillEase, and BreederDAO raise various funding rounds in January
Industry Watch: IT-BPM industry is projected to grow by 7.1% in 2021
Everest Group projects the Philippine IT-BPM industry to grow by 7.1% in 2021