MORITZ GASTL
Thanks to a robust private consumption, an increase in public spending and an improved agricultural performance, the Philippine economy will continue to grow at a solid pace in 2016. A low interest rate environment and a reduction in down payment requirements are driving a boom in housing construction. But is the Philippines still able to defend its position as a “Rising Tiger” in Asia? The recent change in political direction lead to uncertainty not only among foreign investors but also among local entrepreneurs and early-stage investors.