Zobel said expectations within the Ayala group, the Philippines' oldest conglomerate, is that the country will once again maintain its position as one of the region's fastest growing economies this year.
"Prospects for our country, I've always been an optimist. I'm a great believer in the glass being half full always. And for 2024, the Ayala Group is optimistic that inflation will continue to come down, then capitalize on return of much robust consumer spending, a major driver of our economy in our country, and as well as higher investments for both the public and private sector as we move through the year," he said during an event organized by SGV & Co.
The country currently has all the ingredients to take it to the next level, he also said.
This story is from the February 21, 2024 edition of The Philippine Star.
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This story is from the February 21, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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