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An Update on the Wealth Management Market in the Philippines: Rising Optimism -Asian Wealth Management and Asian Private Banking

The Philippines has always been one of those economies and markets that has perhaps promised more than it has delivered. But there is considerable optimism that the private sector, the regulators and the government are more aligned than ever in wanting to promote the financial sectors as the country s population grows so rapidly, as the mass affluent are rising fast and as they attempt to bring more of the massive offshore wealth of the rich and super-wealthy back onshore. The result is a gradually more diversified range of products and solutions onshore and a broader range of private banks and independent wealth firms, some of the alliances between international names and powerful local financial institutions with the reach across the country s vast lands and many thousands of islands.

Robust office rental performance

Robust office rental performance published : 2 Feb 2021 at 14:45 Frasers Property Commercial (Thailand), the leading Grade A commercial property developer in Bangkok’s CBD, attributes result to customer retention strategy Frasers Property Commercial (Thailand) reveals robust performance of the office leasing business for the year 2020 with an occupancy rate of over 90% despite the impact from the COVID-19 and business uncertainties on hotels and meeting facilities. The company’s customer retention strategy and diversified portfolio spanning mixed-use projects, office building, hotels, condominium and meeting facilities, it reported being able to maintain the businesses and prevail amid the economic challenges. The company also highlighted precautionary measure to prevent the spread of the COVID-19 throughout its properties. 

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