News

Philippine 2025 economic growth could be weakest in 14 years, excluding pandemic

Private sector economists have slashed their gross domestic product (GDP) growth forecasts for the Philippines to as low as five percent, citing the drag from shrinking exports and the broader impact of a global trade slowdown. Singapore-based UOB has substantially shaved its full-year growth projection for the local economy from six percent to five percent. This came after the first quarter...

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SM Prime outlines growth strategy

SM PRIME Holdings Inc. (SM Prime), a leading property developer in Southeast Asia, unveiled a three-pronged growth strategy at its 2025 Annual Stockholders’ Meeting, emphasizing scale, innovation and geographic reach to reinforce its Philippine real estate leadership. The roadmap focuses on organic mall expansion (adding over 316,000 square meters and redeveloping over 309,000 square mete...

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