The country’s conglomerates have acquired everything from digital payment tech to coal power plants this year, as they acquire the tools they hope will shape the economy’s future
The country’s economic renaissance continued in 2017, and the top dogs of Philippine business – the conglomerates – have taken full advantage.
They have been wheeling and dealing, creating partnerships, merging and acquiring everything from digital payment platforms to logistics to coal-fired power plants.
While some observers may shrug it off as just the big boys moving money around, it is worth taking note of because the conglomerates affect so many aspects of Philippine life, from banking, food, telecommunications, even electricity.
