Philippines Industry

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Chapter | Industry & Retail from The Report: Philippines 2019

Industrial expansion has played a leading role in the Philippines’ economic progress, with...

The Philippines’ cooling inflation, improved ease of doing business and increased openness to foreign participation are set to encourage more foreign direct investment. A wealth of infrastructure investment under President Rodrigo Duterte’s flagship Build Build Build programme should ease congestion, reduce regional inequality and further boost the flourishing tourism industry.

How do you assess the framework in place to facilitate the continuation of the ASEAN Smart Cities Network (ASCN) during 2019?

 

Riding the wave of consumer confidence that has remained relatively steady since the presidential election in 2016, the Philippine retail sector scores well in global rankings for development potential. With a population of 106.5m in 2018 and a growing consumer middle class, per capita GDP reached around $7700 at purchasing power parity in...

 

Which regulatory areas require overhaul and fine-tuning for the local e-commerce industry to realise its growth potential?

 

A pillar of one of Asia’s rising economies, the Philippine industrial sector posted another strong performance in 2017, growing by 7.6% despite recent geopolitical turbulence related to the 2016 election. Manufacturing output increased by 8.5%, bolstered by expansion in each of its core segments of electronics, food and beverages, chemicals...

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