According to the Department of Economy, Planning and, Development (DEPDev), the Philippine economy grew by 5.5% in the second quarter of 2025— among Asia’s fastest, fueled by strong domestic demand that cushioned the nation from mounting global uncertainties.
The department further announced that country’s Q2 gross domestic product (GDP) outperformed several of its regional peers, including China (5.2%), Indonesia (5.1%), Malaysia (4.5%), and Singapore (4.3%). The figure that speaks volumes about the local economy’s resilience and evolving potential.
Looking ahead, the government projects full-year GDP growth between 5.5% and 6.5%, supported by infrastructure spending, robust services, and sustained domestic demand. This growth, driven largely by the services sector, underscores a vital truth: the Philippines is not just recovering; it is reimagining itself.
Among the standout contributors to this Q2 expansion are real estate activities, which surged by 6.1%, and professional services, which rose by 5.8%. These numbers are more than statistics—they are signals of transformation. They reflect a society investing in spaces, systems, and services that elevate quality of life and economic dynamism.
For developers like us at Italpinas Development Corporation (IDC), this positive development is a moment of affirmation. Our commitment to sustainable architecture and intelligent urban planning is not only aligned with national growth—it is helping shape it. We have always believed that green buildings are not a luxury but a necessity, and our projects are designed to deliver energy efficiency, aesthetic value, and long-term economic viability.
This economic momentum is especially palpable in regions like Mindanao, which has been called “The Land of Promise” since the ‘70s because of the region’s vast potential where development is accelerating.
Thanks to the new infrastructure built by the government over the years—roads, bridges, port and airport modernization—connectivity is no longer a distant hope but a tangible reality. The upcoming Bukidnon Airport in Don Carlos, for instance, is on track to partially open in 2025 and will serve over 1.5 million residents, boosting tourism, trade, and regional growth when it becomes fully operational by next year.
For Italpinas, which has active investments in Bukidnon, this is a strategic inflection point. Our project, the Moena Mountain Estate Residence, is rooted in the same philosophy that guides all our work: build with purpose, innovate with integrity, and design for the future. As infrastructure expands, so does the opportunity to create communities that are both economically vibrant and environmentally responsible.
Based on the latest Philippine Economy Report, the professional services, are also evolving. Architects, engineers, planners, and consultants are no longer just executors—they are visionaries. The 5.8% growth in this sector reflects a rising demand for expertise that integrates sustainability, technology, and cultural sensitivity. IDC’s multidisciplinary approach thrives in this environment, where collaboration and innovation are paramount.
The real estate sector’s performance is a testament to the aspirations of the Filipino people. People are investing in homes, workspaces, and mixed-use developments that reflect their values. Verona Green Residences in Cagayan de Oro, for instance, is not just a building—it embodies our belief that economic housing can be green, elegant, and future-ready.
Every project we undertake is a response to the needs of communities, the call of the environment, and the promise of progress. We are proud to be part of a movement that sees architecture not merely as construction, but as contribution.
I view the latest 5.5% GDP growth as a call to action. It invites us to build smarter, live better, and think bigger. If this growth is sustained—and I am confident it will be—the Philippines is not just geared for development, but for transformation.
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