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PHILIPPINE AS THE NEXT RETAIL DESTINATION

The Philippines remains at the forefront of the Asia Pacific (APAC) growth, underpinned by solid macro fundamentals that are driving sustained positive economic expansion. The country posted a 6.7% Gross Domestic Product (GDP) growth at the end of 2017. 

Strong investment in infrastructure and construction, and solid household consumption, stimulated by low inflation and interest rates, boosted the economic growth of the country. 

Beyond these indicators, the potential gains from the demographic dividend combined with the large volume of mall space and competitive occupancy costs remain as its two distinct advantages, overall, which should help the country become one of the attractive retailer destinations in APAC.


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