Inside the Philippines: September 2023

Macro Movements: Philippine Q2 GDP growth at 4.3%; August inflation rises to 5.3%

Philippine GDP target growth rate remains attainable despite economic slowdown
Philippine headline inflation rose to 5.3% in August


Industry Insights: DITO receives new capital; PLDT expands data center business

DITO Holdings Corp. welcomes three new investors
PLDT targeting 25% growth in its data centers


Market Movers: Philippine companies part of Forbes Asia watch list; Maynilad planning for 2025 listing

9 Philippine companies included in the annual watch list of Forbes Asia
Maynilad considering $1B IPO


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