In a time of global uncertainty and shifting market dynamics, the Philippines has remained a resilient market and an ideal destination for building investments, according to RCBC’s Chief Economist, Michael Ricafort and real estate investor, Mic Chan.
During the “Building Investments Across Industries” webinar hosted by the RCBC Hexagon Club, Ricafort highlighted key opportunities for investors in the Philippines, including the projected six-percent economic growth that positions the country as an attractive market for long-term investments.
“These are exciting, albeit challenging, times. While the global economy wrestles with high inflation and slower growth, the Philippines remains one of the fastest-growing economies in Asia, backed by favorable demographics, strong remittances, and a thriving BPO sector,” Ricafort said.
Ricafort said the country’s credit ratings remain strong, with a positive outlook towards an upgrade, lower inflation due to reduced rice tariffs, and a stronger peso, thus creating a more stable investment condition in the near term.
The economist added that interest rate cuts from both the US Federal Reserve (US Fed) and the Bangko Sentral ng Pilipinas (BSP) could stimulate capital markets and open doors for fixed income and equity investments.
Meanwhile, real estate investor Mic Chan addressed the concerns about condominium oversupply emphasizing that location and responsiveness to market trends remain key to profitability.
“There is a talk about oversupply in the condo market, however if your property is in the right location, and you know how to respond to the market, it will generate cash flow,” Chan shared during the webinar.
“Now is the time to buy. Prices are correcting and financing terms from banks are the most flexible they’ve been in the past 20 years,” Chan added.
Shifting focus to non-traditional investments, architect and curator Gerry Torres highlighted why art is gaining traction as a serious asset class.
“Art is no longer just for collectors. It is a smart long-term asset that appreciates in value while preserving culture,” Torres said. “Even contemporary Filipino artists are now commanding millions at auctions. You need not break the bank to start.”
Rounding out the discussion, luxury advisor Aimee Hashim delved into the investment potential of high-end goods, including precision watches to designer handbags.
“Luxury is evolving into a high-performing investment category. From watches to handbags, the right luxury items, if chosen wisely, not only hold their value but appreciate through time. It is all about craftsmanship, rarity and legacy,” Hashim said.
As the Philippines continues to demonstrate resilience and growth potential, it remains a promising and dynamic market for building and sustaining wealth, making the strength and credibility of banks, such as RCBC, all the more vital in shaping a financially secure future.
Currently the 5th largest bank in the country, RCBC remains a strong player in the financial services industry, providing a wide array of financial services, from savings to investments, to credit and advisory solutions.
Through its premier club, The Hexagon Club, the bank provides comprehensive fund management strategies that go beyond traditional banking.
Through its dedicated business manager, members can gain exclusive access to investment options and opportunities that fit their needs, priorities, and financial capacity.
