Alpha JWC, Tybourne Capital Management and Horizons Ventures have all raised their stakes in Kopi Kenangan. This points to continued conviction among its earliest institutional investors.
Tourism Secretary Christina Frasco promises to establish 18 more Tourist Rest Areas nationwide to enhance tourism, partnering with local governments and private stakeholders.
The Development Budget Coordination Committee maintained at least a 7% GDP growth outlook for 2023 and adjusted the 2024 forecast, with inflation settling at 6% before recovery.
The Public-Private Partnership Center unveils over a hundred projects worth PHP2.4 trillion in the pipeline, bolstering the Marcos administration’s infrastructure program.
The Department of Energy assures adequate power supply for 2024 despite El Niño anticipates challenges, advocates solar power, and urges energy efficiency.
The British Chamber of Commerce of the Philippines outlines the 2024 wishlist for the Marcos administration, emphasizing tariff extension, foreign investment openness, digitalization, agriculture, trade liberation, and sustainability to attract UK investments.
Stable prices for ‘Pinoy Tasty’ and ‘Pinoy Pandesal’ during the Christmas industry ensure affordability for the festive season despite certain operational expenses.
Government gears up for prolonged El Niño impact, implementing science-based strategies across water, agriculture, energy, health, and public safety sectors.
The National Economic and Development Authority remains optimistic about reaching economic growth targets despite challenges the services sector and IT-BPM industry are expected to drive growth.