THE Philippines is expected to lead Southeast Asian growth this year and the next following latest Asian Development Bank (ADB) revisions to its forecasts. The Manila-based lender, in the July edition of its Asian Development Outlook, maintained its Philippine gross domestic growth (GDP) forecasts at 6.0 percent and 6.2 percent for this year and the next. Those for erstwhile leader Vietnam,...
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MANILA, Philippines—A new era of hospitality is coming to the bustling area of Pasay City in the form of Lanson Place Mall of Asia, Manila. As part of the SM Hotels and Conventions Corp. (SMHCC) collaboration, Lanson Place Personal Hotels & Residences (Lanson Place) is finally bringing its expertise in personal hotels and serviced residences to Metro Manila. With an expanding array of...
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THE Philippines is expected to lead Southeast Asian growth this year and the next following latest Asian Development Bank (ADB) revisions to its forecasts. The Manila-based lender, in the July edition of its Asian Development Outlook, maintained its Philippine gross domestic growth (GDP) forecasts at 6.0 percent and 6.2 percent for this year and the next. Those for erstwhile leader Vietnam,...
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Property giant Megaworld Corp. is set to announce this year more developments at The Upper East, a 34-hectare modern central business district in this city inaugurated by President Ferdinand R. Marcos Jr. in October last year, according to a report by Philippine News Agency. “We still have a lot to build in The Upper East. We will have two major developments that we will announce wit...
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Property giant Megaworld Corp. is set to announce this year more developments at The Upper East, a 34-hectare modern central business district in this city inaugurated by President Ferdinand R. Marcos Jr. in October last year, according to a report by Philippine News Agency. “We still have a lot to build in The Upper East. We will have two major developments that we will announce wit...
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PHILIPPINE BANKS remain well-capitalized and highly liquid, which will help them withstand credit and market shocks during crises, the Bangko Sentral ng Pilipinas (BSP) said. The BSP has continued to implement structural reforms to ensure the financial strength and safety of its supervised banks, it said in an e-mail to BusinessWorld. “The adoption of sound governance and ri...
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