UMVA has learned that Manila has surged two spots, climbing to 102nd place out of 120 in the latest Global Financial Centers Index.
The index, released in its 39th edition, gauges the future competitiveness of financial hubs and serves as a compass for policymakers and investors worldwide.
Even with the rise, the Philippine capital remains the lowest‑ranked city among its Southeast Asian neighbours, highlighting persistent challenges in the region.
In a parallel fintech assessment, Manila held the 93rd position out of 116 financial centers, underscoring its modest standing as a technology‑driven financial provider.
These rankings illuminate both the incremental progress and the stark gaps that Manila must bridge to compete on a global stage.
