Macro Movements: GDP growth projections upgraded and new central bank chief named
World Bank raises its Philippine GDP growth forecast for 2023 to 6%
Philippine central bank signals rate pause until yearend, gets new chief
Industry Insight: Fresh asset infusions to boost local real estate investment trust (REIT) portfolios
AREIT to acquire five properties worth USD410M in swap deal
MREIT to acquire seven office buildings, banks on the sustained growth of the IT-BPM sector
Startup Scene: Value of Manila’s startup ecosystem surges to USD3.5B; Kaya Founders raises USD12M in fresh funds
Manila’s startup ecosystem valued at USD3.5B in 2022, ranks 10 th in affordable talent in Asia
Kaya Founders secures USD12M to invest in tech startups in Southeast Asia