Top Phl conglomerates vow to invest more

BULLISH ON 2025 ECONOMIC GROWTH

- By RICHMOND MERCURIO

Top Philippine conglomerates are committed to continue pouring in massive investments in the country next year, fueled by their high hopes on the economy.

Conglomerates owned by the Sy, Ayala and Ty families have all expressed their bullishness on the country's sustained economic growth for 2025.

"From our perspective, when we take a look at the Philippine economy, we're actually quite positive about the trajectory that we are headed," GT Capital Holdings Inc. senior vice president and chief financial officer George Uy-Tioco Jr. said during a forum organized by BusinessWorld yesterday.

"We are optimistic about the economy moving forward simply because we are growing and we expect that that growth is going to continue. The challenge is really, what is going to interrupt that growth, right? And how do we manage the potential headwinds that we anticipate in the next years, especially as geopolitics begin to play a very important role," he said.

As far as GT Capital is concerned, Uy-Tioco said that the group is looking for investments in the Philippines.