Inside The Philippines: May 2022


In this month’s inside look into the Philippines – IMF expects the Philippines to be the fastest growing among the ASEAN-5 in 2022. ADB sees robust domestic demand fueling Philippine growth in 2022 and 2023. PLDT offloads 5,907 towers for USD 1.5 billion in largest Philippine asset sale to foreigners. Voyager raises USD 210 million, becomes the Philippines’ second unicorn. Net absorption in the Philippine office market turns positive in Q1.US-based healthcare outsourcers Anthem and Optum eye expansion of their Philippine operations