2010 Annual Report
Filinvest Development Corporation (FDC) radiates growth and progress, lighting the way with the same dynamism and commitment to excellence that have sustained the company for over half a century. For 2011, FDC will take advantage of brighter economic conditions by diversifying into high-growth areas such as power generation and making strategic investments while keeping its foothold in its core property business.Download the 2010 Annual Report
Filinvest Development Corporation (FDC) radiates growth and progress, lighting the way with the same dynamism and commitment to excellence that have sustained the company for over half a century. For 2011, FDC will take advantage of brighter economic conditions by diversifying into high-growth areas such as power generation and making strategic investments while keeping its foothold in its core property business.Download the 2010 Annual Report
2009 Annual Report
2009 was a challenging year as the US subprime mortgage crisis that started in the second half of 2007 grew into a full-blown global economic crisis. While the Philippines was affected by the global economic slowdown, it fared relatively better than most other countries in the world. GDP managed to grow by 0.9%, from 3.8% in 2008 due to the government’s pump priming activities which offset the 14.2% drop in exports…
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2009 was a challenging year as the US subprime mortgage crisis that started in the second half of 2007 grew into a full-blown global economic crisis. While the Philippines was affected by the global economic slowdown, it fared relatively better than most other countries in the world. GDP managed to grow by 0.9%, from 3.8% in 2008 due to the government’s pump priming activities which offset the 14.2% drop in exports…
Download the 2009 Annual Report
2008 Annual Report
Your Company came through an eventful 2008 which saw the Philippine economy grow at a more modest pace on the heels of the 32-year record high achieved in 2007. Gross Domestic Product recorded a full-year expansion of 4.6% in 2008 despite the marked year-onyear reduction in investment and government spending…
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Your Company came through an eventful 2008 which saw the Philippine economy grow at a more modest pace on the heels of the 32-year record high achieved in 2007. Gross Domestic Product recorded a full-year expansion of 4.6% in 2008 despite the marked year-onyear reduction in investment and government spending…
Download the 2008 Annual Report
2007 Annual Report
2007 was a turning point for your Company and the Philippine economy. The Philippine economy experienced robust growth in 2007. Gross Domestic Product (GDP) grew by 7.3%, the highest in 31 years. The budget deficit stood at Php 9.4 billion, substantially lower than the Php 62 billion deficit the previous year. OFW remittances, which accounted for close to 11% of GDP, reached its highest level ever of US$14.4 billion, 13% more than the previous year…
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2007 was a turning point for your Company and the Philippine economy. The Philippine economy experienced robust growth in 2007. Gross Domestic Product (GDP) grew by 7.3%, the highest in 31 years. The budget deficit stood at Php 9.4 billion, substantially lower than the Php 62 billion deficit the previous year. OFW remittances, which accounted for close to 11% of GDP, reached its highest level ever of US$14.4 billion, 13% more than the previous year…
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2006 Annual Report
Philippine economic growth improved slightly to 5.4% in 2006 from the 5.1% GDP increase posted in 2005. Despite the three tropical cyclones that hit the country in the last quarter of the year, the full-year economic growth was pulled up by the recovery of agriculture, dollar inflows from overseas Filipino workers, and the strong performance of the services sector…
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Philippine economic growth improved slightly to 5.4% in 2006 from the 5.1% GDP increase posted in 2005. Despite the three tropical cyclones that hit the country in the last quarter of the year, the full-year economic growth was pulled up by the recovery of agriculture, dollar inflows from overseas Filipino workers, and the strong performance of the services sector…
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2005 Annual Report
Philippine economic growth declined to 5.1% last year from the 6% GDP increase posted in 2004. Despite the slowdown, the government deemed this an achievement considering the persistent increases in oil and consumer prices, weaker exports and political turmoil. The continued resilience of the services sector and the billions of dollars sent home by overseas Filipino workers were the major engines for this modest economic performance…
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Philippine economic growth declined to 5.1% last year from the 6% GDP increase posted in 2004. Despite the slowdown, the government deemed this an achievement considering the persistent increases in oil and consumer prices, weaker exports and political turmoil. The continued resilience of the services sector and the billions of dollars sent home by overseas Filipino workers were the major engines for this modest economic performance…
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2004 Annual Report
The resiliency of the Philippine economy shone through in 2004, posting a 6.1% GDP growth, which was the highest since 1996. Exceeding government forecasts, this figure was well above the 4.7% expansion in 2003. Credit was given to small and medium enterprises as well as foreign investments generated from call centers and business process outsourcing (BPO) firms…
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The resiliency of the Philippine economy shone through in 2004, posting a 6.1% GDP growth, which was the highest since 1996. Exceeding government forecasts, this figure was well above the 4.7% expansion in 2003. Credit was given to small and medium enterprises as well as foreign investments generated from call centers and business process outsourcing (BPO) firms…
Download the 2004 Annual Report
2003 Annual Report
The Philippine economy fared better than expected in 2003, despite the aftermath of the US-Iraq war, the outbreak of the SARS epidemic, and a failed Oakwood mutiny. This was attributed mainly to healthy consumer spending, remittances from the country’s new heroes – Overseas Filipino Workers – and a stable agricultural sector…
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The Philippine economy fared better than expected in 2003, despite the aftermath of the US-Iraq war, the outbreak of the SARS epidemic, and a failed Oakwood mutiny. This was attributed mainly to healthy consumer spending, remittances from the country’s new heroes – Overseas Filipino Workers – and a stable agricultural sector…
Download the 2003 Annual Report
2002 Annual Report
Amid a global economic slowdown in 2002, the Philippine economy proved resilient, posting its highest growth rate since the 1997 Asian financial crisis. Gross Domestic Product grew by 4.6%, exceeding the expectations of both the government and the private sector. This was attributed to the strong performance of the agriculture and services sectors particularly during the last quarter…
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Amid a global economic slowdown in 2002, the Philippine economy proved resilient, posting its highest growth rate since the 1997 Asian financial crisis. Gross Domestic Product grew by 4.6%, exceeding the expectations of both the government and the private sector. This was attributed to the strong performance of the agriculture and services sectors particularly during the last quarter…
Download the 2002 Annual Report