Inside the Philippines: November 2022

Macro Developments: Inflation soars to nearly 14-year high; further monetary tightening signaled

Philippine inflation accelerated to 7.7% in October from 6.9% in September

Central bank set to deliver another 75-basis-point rate hike in November

Switching Sources: New measures accelerate shift to renewable energy

Department of Energy promotes investments, allows 100% foreign ownership in the local renewable energy sector

Industry Insight: Local conglomerates foray into the fast-emerging data center market

Philippine ICT market seen to reach USD21B by 2026

Local conglomerates venture into the data center business

Startup Scene: Packworks to represent the Philippines at the 2023 Startup World Cup in Silicon Valley

Packworks bags the top spot in the Philippine leg of the Startup World Cup, advances to the finals

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