Our September 2024 edition of the report provides the latest updates in the Philippine commercial real estate industry as well as insights on the local sectors.
- Upskilling and reskilling programs not only promote a resilient workforce but also close opportunity gaps, which is vital for sustainable economic growth.
- With the observed gap in inbound tourism in the region, a well-designed tourist tax refund scheme will assist the country in receiving a larger share of the surge in international travel while providing support to the local economy, as it encourages more spending on goods and services.
- The retail market will continue to draw cues from economic resilience, a strong job market, wage gains, and a stable inflation rate. These factors will encourage buoyant consumer habits, boosting retail sales and driving demand for new retail space from both global & retail companies.
The above is an excerpt of the September 2024 report. Read the full report.
