HSBC sees 6.7% growth for 2026
The Philippine Star|November 06, 2024
HSBC Philippines has expressed confidence in the economic trajectory of the Philippines, projecting a robust growth of 6.7 percent in 2026, making the country a "rising star" in the Association of Southeast Asian Nations (ASEAN) region.
KEISHA TA-ASAN

HSBC Philippines president and CEO Sandeep Uppal told reporters yesterday that the bank plans to drive both economic growth and sustainability over the next few years, focusing on strategic investments and partnerships to support the nation's development.

"A key driver of economic growth is strong collaboration between the private sector and the government. As a global bank with deep local expertise, we've always been committed to acting as a bridge to unlock opportunities for development," Uppal said.

"We're optimistic about what we can do to collectively propel the Philippines from ASEAN's rising star to Asia's superstar," he said.

Uppal said that in order for the Philippines to become Asia's superstar, the country has to grow above seven percent to a double-digit GDP figure in the coming years.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE PHILIPPINE STARView all
Robinsons Appliances opens in Ayala Malls Vermosa
The Philippine Star

Robinsons Appliances opens in Ayala Malls Vermosa

Robinsons Appliances, a trusted name in appliances and gadgets shopping, celebrated the grand opening of one of its biggest branches at Ayala Malls Vermosa.

time-read
1 min  |
November 13, 2024
BBM: Phi-US ties won't change under Trump
The Philippine Star

BBM: Phi-US ties won't change under Trump

President Marcos is optimistic of the unshakeable alliance between the Philippines and the US under the administration of president-elect Donald Trump.

time-read
3 mins  |
November 13, 2024
The Philippine Star

Kremlin denies Trump call, says West not ready for talks

MOSCOW (AFP) - Russia on Monday denied a reported call between President Vladimir Putin and US president-elect Donald Trump on the Ukraine conflict and said it saw no signs the West was ready for talks.

time-read
1 min  |
November 13, 2024
Discovery Resorts: The new face of Filipino luxury hospitality
The Philippine Star

Discovery Resorts: The new face of Filipino luxury hospitality

Discovery Hospitality Corporation (DHC), a homegrown leader in Filipino luxury hospitality, has launched its reimagined brand-Discovery Resorts-marking a new era in its pursuit of providing an elevated guest experience rooted in Filipino warmth and world-class service.

time-read
2 mins  |
November 13, 2024
20 years of building the good life: Henry Sy, Jr. and SMDC's journey
The Philippine Star

20 years of building the good life: Henry Sy, Jr. and SMDC's journey

\"TRUE HOMEOWNERSHIP INVOLVES CREATING VIBRANT COMMUNITIES WHERE PEOPLE CAN FEEL SECURE, MAKE MEMORIES, AND TRULY BELONG.\" - Henry Sy, Jr.

time-read
1 min  |
November 13, 2024
The Philippine Star

Trump taps Waltz, China hawk, as nat'l security adviser

President-elect Donald Trump has asked US Rep. Michael Waltz, a retired Army National Guard officer and war veteran, to be his national security adviser, a person familiar with the matter said on Monday.

time-read
1 min  |
November 13, 2024
The Philippine Star

Robinsons Appliances opens in Ayala Malls Vermosa

Robinsons Appliances, a trusted name in appliances and gadgets shopping, celebrated the grand opening of one of its biggest branches at Ayala Malls Vermosa.

time-read
1 min  |
November 13, 2024
Oh, what wonders await you at Rockwell!
The Philippine Star

Oh, what wonders await you at Rockwell!

The holiday season kicks off with Rockwell transforming into a dazzling wonderland, brimming with festive cheer and delightful surprises at every corner.

time-read
2 mins  |
November 13, 2024
Embracing wellness as a way of life in the city
The Philippine Star

Embracing wellness as a way of life in the city

When one lives in the city, wellness cannot remain merely a goal—it must become a way of life.

time-read
3 mins  |
November 13, 2024
METRO MANILA OFFICE VACANCY RATES TO REMAIN ELEVATED
The Philippine Star

METRO MANILA OFFICE VACANCY RATES TO REMAIN ELEVATED

Vacancy rates in the Metro Manila office market are expected to remain elevated in the medium term, driven by the total ban on Philippine Offshore Gaming Operators (POGOs) and the implementation of the CREATE MORE Bill, according to a commercial real estate services firm.

time-read
5 mins  |
November 13, 2024