{"id":595,"date":"2024-01-09T04:44:09","date_gmt":"2024-01-08T20:44:09","guid":{"rendered":"https:\/\/sofcpartners.com\/?p=595"},"modified":"2024-01-09T04:45:47","modified_gmt":"2024-01-08T20:45:47","slug":"inside-the-philippines-january-2024","status":"publish","type":"post","link":"https:\/\/sofcpartners.com\/inside-the-philippines-january-2024\/","title":{"rendered":"Inside the Philippines: January 2024"},"content":{"rendered":"<aside class=\"entry-summary\">\n<h3 class=\"entry-summary-title\">Here&#8217;s what you need to know:<\/h3>\n<ul class=\"entry-summary-items\">\n<li><a href=\"#macro-movements-banks-uphold-positive-gdp-growth-outlook-november-inflation-print-reaches-14-month-low-at-4-1\">Macro Movements: Banks uphold positive GDP growth outlook, November Inflation print reaches 14-month low at 4.1%<\/a><\/li>\n<li><a href=\"#investment-updates-boi-and-peza-reach-2023-investment-targets\">Investment Updates: BOI and PEZA reach 2023 investment targets<\/a><\/li>\n<li><a href=\"#deal-spotlight-cosco-capital-to-enter-re-sector-dagupan-electric-co-and-citicore-renewables-to-expand-through-ipo\">Deal Spotlight: Cosco Capital to enter RE sector, Dagupan Electric Co and Citicore Renewables to expand through IPO<\/a><\/li>\n<\/ul>\n<\/aside>\n<h2 id=\"macro-movements-banks-uphold-positive-gdp-growth-outlook-november-inflation-print-reaches-14-month-low-at-4-1\">Macro Movements: Banks uphold positive GDP growth outlook, November Inflation print reaches 14-month low at 4.1%<\/h2>\n<p><em><strong>IMF, ADB, and BSP upholds positive GDP growth outlook for PH amid downturn predictions in other SEA countries<\/strong><\/em><br \/>\n<em><strong>November Inflation print reaches 14-month low, BSP signals higher-for-longer monetary policy on interest rates<\/strong><\/em><\/p>\n<hr \/>\n<h2 id=\"investment-updates-boi-and-peza-reach-2023-investment-targets\">Investment Updates: BOI and PEZA reach 2023 investment targets<\/h2>\n<p><em><strong>Board of Investments reached a record high on approved investments in 2024, driven by the Renewable Energy sector<\/strong><\/em><br \/>\n<em><strong>Export-oriented Philippine Economic Zone Authority (PEZA) anticipates investment rebound to PHP 250B to 300B levels<\/strong><\/em><\/p>\n<hr \/>\n<h2 id=\"deal-spotlight-cosco-capital-to-enter-re-sector-dagupan-electric-co-and-citicore-renewables-to-expand-through-ipo\">Deal Spotlight: Cosco Capital to enter RE sector, Dagupan Electric Co and Citicore Renewables to expand through IPO<\/h2>\n<p><em><strong>Cosco Capital to acquire 60% stake in Catuiran Hydropower Corp, marks its entry in the RE sector<\/strong><\/em><br \/>\n<em><strong>Dagupan Electric Corporation scheduled to IPO on January 2024<\/strong><\/em><br \/>\n<em><strong>Citicore Renewable Energy Corporation, the second largest solar producer, gears up for a PHP 12.9B IPO in March 2024<\/strong><\/em><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><a class=\"btn\" href=\"https:\/\/sofcpartners.com\/wp-content\/uploads\/2024\/01\/SofCap-ITP-202401.pdf\" target=\"_blank\" rel=\"noopener\">Download the full report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s what you need to know: Macro Movements: Banks uphold positive GDP growth outlook, November Inflation print reaches 14-month low at 4.1% Investment Updates: BOI and PEZA reach 2023 investment targets Deal Spotlight: Cosco Capital to enter RE sector, Dagupan Electric Co and Citicore Renewables to expand through IPO Macro Movements: Banks uphold positive GDP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/posts\/595"}],"collection":[{"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/comments?post=595"}],"version-history":[{"count":5,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/posts\/595\/revisions"}],"predecessor-version":[{"id":601,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/posts\/595\/revisions\/601"}],"wp:attachment":[{"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/media?parent=595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/categories?post=595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/tags?post=595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}