Will Economic Momentum Continue in the Philippines?

Industry leaders and Latham partners share insights into the sustainability of one of the world’s fastest growing economies.


“The Philippines has been one of Asia’s fastest growing economies, largely spurred by targeted government and public-private partnership spending,” said Benjamin Carale, a partner in Latham & Watkins’ Hong Kong office, who was speaking at the firm’s conference in Manila on “Sustaining the Philippines’ Momentum: Navigating Transitions and Financing Growth.” Carale said: “Our objective was to convene industry professionals and key market participants for a closer look at the strong economic momentum of the country and long term growth prospects. The turnout and level of engagement we had demonstrates widespread interest in this topic by a range of corporates, institutional investors, bankers and PE sponsors, including many of our clients.”

Hosted by Latham & Watkins and the Asia Securities Industry & Financial Markets Association (ASIFMA), in conjunction with the Financial Executives Institute of the Philippines (FINEX), the Management Association of the Philippines (MAP), and ABS-CBN News Channel, the event featured discussions on topics including: current policy and legislative objectives, the outlook for the capital markets, processes in competition law, and energy and infrastructure project financing trends.

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