Real estate developers are poised to tap a larger market of multinational tenants after the government lifted the seven-year moratorium on new Information Technology (IT) Parks and IT Centers in Metro Manila, although they will not receive fresh tax incentives under the policy.
Japanese apparel retailer Uniqlo believes the Philippine market still has ample room for expansion, signaling confidence in the country's long-term consumer story even as inflation and elevated living costs continue to pressure household budgets.