Citi has reaffirmed the Philippines' strategic role within its global network, pointing to the country’s expanding investment opportunities, deeper capital markets and enduring client relationships as key reasons behind its continued commitment to one of Southeast Asia’s fastest-growing economies.
Manila has emerged as the world’s second-fastest growing prime residential market, underscoring the Philippine property sector’s resilience despite geopolitical tensions, elevated inflation and a slowdown in new project launches.
Transportation Secretary Giovanni Lopez has directed the Land Transportation Franchising and Regulatory Board to begin public consultations on pending requests for higher public transport fares, following recent rises in oil prices.