Macro Movements: PH economy posts 5.6% GDP growth in 2024; UN projects faster PH GDP growth in 2025, 2026
Philippine GDP expands by 5.2% in 4Q24, bringing 2024 full-year growth to a steady 5.6% amid challenges
United Nations (UN) forecasts higher 6.1% and 6.2% GDP growths for the Philippines in 2025, 2026
Industry Insights: IT-BPM revenues reach $38 billion in 2024; DOE expects additional 6,841 MW of power in 2025
IT-BPM industry generates $38 billion in revenues and 1.84 million in headcount amid strong demand from global firms
Department of Energy (DOE) reports an additional 6,841 MW of power plant capacity to go live in 2025
Deals Spotlight: Maynilad hires banks for $500+ million IPO; KKR hires Goldman to sell over 20% stake in Maya
GoTyme Bank to benefit from US$250 million Series D capital raise
Growtheum Capital invests US$121M in Mets Logistics to support cold chain expansion