Leading FMCG and food service businesses in the Philippines were honoured for their all-around corporate excellence.
Companies in the Philippines are riding a post-pandemic wave of recovery, even as they look to capitalise on longer-term trends such as digitisation and a focus on sustainability.
According to an Asian Development Bank report released in September 2022, a strong rebound in domestic demand with the easing of COVID-19 restrictions will support robust growth for the Philippine economy, despite higher inflation. The economy’s gross domestic product (GDP) has been forecast to grow by 6.5 per cent in 2022, up from the bank’s April forecast of 6 per cent.
