\nAsia\u2019s overall sentiment is improving, but why are Filipinos so optimistic?
\nPhilippine firms are the most upbeat for the fifth straight quarter. Rawpixel.com\/Shutterstock
\nRisks from volatile oil prices and the impending US presidential election are bearing on the minds of investors worldwide, but optimism has been on the rise in the Philippines, according to the Thomson Reuters\/INSEAD Asian Business Sentiment Index.
\nEmboldened by a strong showing of the economy in the first half of the year, Philippine companies pulled the company\u2019s sub-index reading to 94 this quarter, compared with 86 in the previous quarter \u2014 the fifth consecutive quarter the country registered a positive mark.
\nEight of nine Philippine firms, which include real estate giants Ayala Land and SM investments, made a rosy prognosis of business in the coming second half, although they cited foreign exchange volatility, fluctuation in energy prices, and rising competition as risks.<\/p>\n
More: Duterte\u2019s election is encouraging overseas workers to invest in the Philippines
Asia\u2019s overall sentiment is improving, but why are Filipinos so optimistic? Philippine firms are the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-26951","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-70H","jetpack-related-posts":[{"id":27584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-risk-of-crisis-despite-surge-in-philippine-property-loans\/","url_meta":{"origin":26951,"position":0},"title":"No risk of crisis despite surge in Philippine property loans","date":"September 28, 2016","format":false,"excerpt":"\r 75 percent of H1 property loans went to developers and contractors qvist\/Shutterstock Real estate loans released by financial institutions in the Philippines reached PHP1.138 trillion (USD23.6 billion) in the first six months of this year, an almost 20 percent jump from the same period last year, data released Friday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29163,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/philippines-real-estate-sector-in-need-of-alternative-funding\/","url_meta":{"origin":26951,"position":1},"title":"Philippines\u2019 real estate sector in need of alternative funding","date":"October 8, 2016","format":false,"excerpt":"\r No housing bubble on the horizon Metro Manila. PageSeven\/Shutterstock The Philippines\u2019 property market is not in danger of a housing bubble, a ranking official at the central bank reassured investors yesterday, reported BusinessWorld. However, funding for real estate developments remains an area for improvement. \u201cDespite strong demand, some developers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33691,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-the-philippines-think-of-donald-trump\/","url_meta":{"origin":26951,"position":2},"title":"What does the Philippines think of Donald Trump?","date":"November 10, 2016","format":false,"excerpt":"\r With so many comparisons to Duterte, how do Filipinos feel about the new US president? Image: a katz \/ Shutterstock.com With Donald Trump\u2019s victory in the bag, we take a look at Philippine sentiment regarding the new US president \u2013 a man who has so often been compared to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29495,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/philippines-fdi-increase-put-down-to-positive-investor-sentiment\/","url_meta":{"origin":26951,"position":3},"title":"Philippines FDI increase put down to positive investor sentiment","date":"October 11, 2016","format":false,"excerpt":"\r Strong macroeconomic fundamentals in the country Makati, one of 17 cities that make up Metro Manila, Philippines. joyfull \/ Shutterstock.com Foreign direct investments (FDI) in the Philippines grew\u00a07 percent year-on-year in July, the country\u2019s central bank announced this week. Total FDI in the archipelago hit USD503 million in July,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109667,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-philippine-reits-likely-to-be-listed-by-year-end-as-government-relaxes-rules-in-decade-old-law\/","url_meta":{"origin":26951,"position":4},"title":"First Philippine Reits likely to be listed by year-end as government relaxes rules in decade-old law","date":"August 6, 2019","format":false,"excerpt":"\r The Philippines could see real estate investment trusts take off this year after the government amends a Reit law passed more than a decade ago, addressing investor concerns, say industry observers.\r\r\u201cReits are likely to be implemented this year as the government has agreed to relax the law\u2019s restrictive rules,\u201d\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42063,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-helped-speed-up-the-philippine-economy-last-year\/","url_meta":{"origin":26951,"position":5},"title":"Real estate helped speed up the Philippine economy last year","date":"January 27, 2017","format":false,"excerpt":"\r Ambitious\u00a0GDP targets already set for 2017 Makati, the financial district of metropolitan Manila. r.nagy\/Shutterstock The property sector played no small part in driving the Philippine economy to one of its fastest growth rates last year. Real Estate, Renting & Business Activities (RERBA) in the Philippines grew 9 percent in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26951"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=26951"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26951\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=26951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=26951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=26951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nA bleak outlook marred Singapore\u2019s index, which fell 25 points, the highest plunge among the economies\u00a0surveyed. With 17 firms participating in the survey, Singapore brought up Chinese corporate debt and energy prices as risks.
\nLagging behind all sectors is retail and leisure, with firms giving it a reading of 68, compared with real estate, which posted a top reading of 75.
\nOverall, the region posted a positive sentiment mark of 68. A total of 118 companies participated in the survey, conducted Sept. 1 through 17, with 49 percent of respondents expressing\u00a0a rosy sentiment, the highest proportion since 2014.
\nRead next: Real estate projects forge ahead in the Philippines despite killings
\n
\nSource : property-report.com
\nRead more…The Philippines is taking a glass half-full attitude<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"