Philippines Industry

When making investment decisions, mining companies take a wide array of variables into account, including everything from regulatory policies and political stability, to resource size and accessibility. As geologic factors such as the grade or depth of resources are relatively constant, governments have a more limited toolbox when it comes to...

Growing an impressive 7.2%, the Philippines was one of Asia’s best-performing economies in 2013. As growth has given rise to increased business activity and boosted consumer spending power, the question that arises is whether this newfound domestic demand will be for goods and materials produced locally or exported from abroad. This is an...

In 2013, the Department of Trade and Industry (DTI) was allocated P2.3bn ($51.8m) from the Department of Budget and Management towards its manufacturing resurgence programme. The programme will support the implementation of a number of industry road maps that have been formulated by the Board of Investments (BOI) with input from technical...

Prior to the business process outsourcing (BPO) boom that took hold in the early 2000s, the semiconductor and electronics industry had served as the country’s main economic growth driver for nearly four decades. At its peak earnings in 2010, with export receipts of $31.44bn, it accounted for 61% of exports, a ratio that by 2013 had dropped to...

With a young, rapidly growing and consumption-driven market of nearly 100m, an expanding middle class and positive consumer sentiment, the Philippines’ demographic and socio-economic status makes it one of the region’s more promising retail destinations.

The Philippines’ manufacturing sector is gradually strengthening but it continues to lag behind as services, construction and remittances remain as the key drivers of the country’s rapid economic growth. Hampered by high energy costs, expensive logistics and low infrastructure investment, the manufacturing sector’s share of GDP has been declining...