BusinessMirror

Meta Capital opens new office in PHL

- Roderick L. Abad

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 Metal Capital executive said the Singapore-based asset management arm of Grandway Family Office had expanded and establishe­d new facilities in Thailand and Vietnam.

“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.

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