After the highly unprecedented pandemic, followed by Russia’s invasion of Ukraine and a weakening China growth, the global economy is likely to face a mild recession next year. But for the Philippines, the worst is over, and better years are expected.
New laws in the Philippines are expected to support mergers and acquisition (M&A), which declined in 2022 to $8.1 billion in value for 33 deals from $9.961 billion in 2021, as companies capitalize on this strategy to expand and grow their business, according to consultancy firm PwC Philippines.
More mergers and acquisitions may take place next year as companies capitalize on opportunities brought by regulations supporting M&A activities to expand and grow their businesses, according to an assurance, tax and advisory services firm.
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As July ends the festival season begins in Mindanao. Kadayawan in Davao City in mid-August, Cagayan de Oro's Higalaay Festival in late August, Adlaw hong Butuan in the first week of August, the Tuna Festival of General Santos and the Zamboanga Hermosa Festival in September.
These, amon
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