General
Industry AnalysisOther industries also faces unique and formidable challenges. It may vary from the overall objectives of sustenance, growth or institutionalization, Yet as always, their stakeholders concern of the bottomline are always connected to the development of their topline, their human resource.
- Digital Transformation.
- Employee Training and Development
- Sustainability Initiatives.
The country bounced back in 2023 with projected growth of around 5.3 percent, though it will hardly rise above pre-COVID-19 levels. Key challenges face the country: significantly high unemployment numbers; a high inflation rate; rising policy rates; import and export bottlenecks; and the declining strength of the Philippine peso against the American dollar. The real estate and construction sectors are likely to see an expansion in real estate investment opportunities and the emergence of green real estate, a promising step toward the Philippines’ goal to reduce carbon emissions by 75 percent by 2030. 1