EastWest, in partnership with various industry experts, held its latest economic briefing, delving into the evolving Philippine economic landscape and real estate trends.
The event, which took place recently in Quezon City, aimed to provide key insights into the current economic climate and its impact on various sectors, particularly real estate and finance.
“Given the rapid changes in the Philippine economic environment, particularly in the real estate sector, it is crucial to equip our clients and stakeholders with the knowledge needed to make informed and calculated decisions. At EastWest, we continue to provide platforms like this to foster conversations that help shape business strategies and investment opportunities for our clients,” Richie Tamayo, SVP and head of Wealth Management at EastWest, said.
Titled “Exploring the Philippine Real Estate Landscape and Economic Trends,” the event featured an in-depth discussion led by two highly regarded experts in their fields.
Joey Bondoc, director of Research at Colliers Philippines, provided valuable insights into the real estate market, focusing on growth opportunities and challenges in the sector.
“The Philippine real estate landscape continues to evolve with the rising demand for office and residential spaces, driven by the growth in regional areas and the resilience of key sectors like outsourcing and tourism. As we move forward, it’s crucial to capitalize on the opportunities that these trends present, particularly in creating sustainable developments that cater to both the current market needs and future demands,” explained Bondoc.
Dr. Bernardo Villegas, renowned economist and professor, presented his analysis of the Philippine economy under the BBM administration, offering attendees a comprehensive understanding of the country’s economic trajectory.
“The Philippines continues to be one of the fastest-growing economies in the Asean region, despite global uncertainties. With a projected growth rate of over 6 percent in the coming years, we are poised to lead in economic resilience and transformation. The efforts of the current administration have laid a solid foundation for inclusive growth, with improvements in infrastructure, investments, and the digital economy that will further drive our trajectory upward. It is an exciting time for the Philippines as we harness our demographic dividend and geographic advantages to fuel sustained development,” Villegas shared.
Celebrating its 30th Anniversary, EastWest remains committed to going “Further for You” and fostering stronger relationships with its clients and partners by providing timely and relevant discussions on the economy.
This event is part of their ongoing efforts to equip stakeholders with the knowledge needed to make informed financial and investment decisions.
“We are excited to continue these discussions in more regions across the Philippines,” added Tamayo. “We look forward to more opportunities to bring together experts and stakeholders in dialogues that shape the future of the Philippine economy.”
EastWest is a subsidiary of Filinvest Development Corporation (FDC), one of the country’s leading conglomerates with a diverse range of interests, including real estate, banking, hospitality & tourism, infrastructure, power generation, and sugar. It is not affiliated with any foreign financial institution which may bear the same name.
