Despite gloomy global trade forecasts, the Philippines’ strong macroeconomic fundamentals, competitive geographical and labour force advantages, and rising domestic consumption bode well for future trade and investment.
Despite gloomy global trade forecasts, the Philippines’ strong macroeconomic fundamentals, competitive geographical and labour force advantages, and rising domestic consumption bode well for future trade and investment.
Saddled with a legacy of heavy dependence on foreign oil to meet its primary energy needs, the Philippines has a long history of developing alternatives to serve as import substitution so as to counter the escalating cost of energy. In the past these efforts have included demand reduction through increased efficiency, adding greater incentives...
How will Mindanao bridge its power shortages, and will additional capacity meet new demands?
The 1991 discovery of the Malampaya gas field by Shell Philippines Exploration and the subsequent monetisation of the prospect is arguably the single most important energy play ever developed in the Philippines, and remains the largest active hydrocarbons play today. The natural gas reservoir single-handedly boosted the country’s natural gas...
How can the power requirements needed to complement growth in the Visayas region be obtained, and how can you attract more investor interest?
Strong, sustained economic growth along with a corresponding rise in consumption and increasing industrial aspirations continue to drive energy demand to new levels across the Philippines, even as local primary energy resources become more difficult to develop. Domestic oil and gas production remains spotty, with very little progress being...
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