META Capital Inc., which has opened a new office in country, is bullish on its business prospects in the Philippines.
Moving in to the Alveo Financial Tower along Ayala Avenue in Makati City from its original headquarters in Gil Puyat Avenue since its inception in 2019, the new site is strategically located at the heart of the country’s foremost financial hub.
According to Meta Capital Inc. CEO Kang Min Xin, such initiative forms part of their aggressive expansion moving forward.
“Meta Capital Philippines was rebranded during the Covid-19 pandemic,” he said during the grand opening of the local subsidiary’s new office on Wednesday.
With the imminent end of the health crisis, the Meta Capital executive said Meta Capital had expanded and established new facilities in Thailand and Vietnam and Singapore-based asset management arm of Grandway Family Office supported Meta Capital access to SEA capital market globally.
“That’s because we saw so many turnaround opportunities. Crisis is often the turning point for the better.”
“We believe that even with this uncertainty that we have, there’s still opportunity,” Bryan Ko, head of investments for the Philippine market, told the BusinessMirror in an interview.
Domestically, for instance, he said even if there is high inflation rate and interest rates at the moment, the country’s GDP growth still averaged 7 percent.
“So that is one of the key drivers for us. And aside from that, it is very evident that during the past pandemic and right now we have the recovery period, we see that there is a need for this type of service because there are a lot of people really seeing this time as their opportunity to grow their wealth as well.”
Meta Capital Inc. said it seeks to uplift economies through investments in environmental, social, and governance or ESG and next-generation technologies, while providing its business partners with strategic access and invest to Southeast Asian markets.