Philippines’ largest international property and investment show to be held in Dubai on November 5-6

Philippines’ largest international property and investment show to be held in Dubai on November 5-6

- Surge in OFW remittances from UAE and weak peso drive increased demand for real properties in the Philippines

- Top CEOs and experts to speak at 20 forums in PPIE 2022 — featuring topics from investment and savings options, loans and business opportunities, and personality and professional development

Dubai, UAE: The 8th annual edition of Philippine Property and Investment Exhibition (PPIE), the Philippines’ largest international property and investment show, returns to Dubai, UAE on November 5-6, 2022.

The international investment exhibtion, to be held at Crowne Plaza Hotel in Sheikh Zayed Dubai, will highlight the robust economic performance of the Philippines as the fastest-growing economy among its ASEAN peers, making it a premier investment destination in the region.

The Philippines’ 7.7 percent gross domestic product (GDP) expansion in the final quarter of 2021 marked the highest growth in the region. Meanwhile, it recorded 8.3 percent GDP growth in the first quarter of 2022, surpassing pre-pandemic levels.

Among the strongest impetus for these economic developments is the surge in overseas remittances. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed that the $2.92 billion OFW remittances inflow sent through banks in July 2022 had set record-breaking 2.3 percent increase, from $2.85 billion a year