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 new-found domestic demand will be for goods and materials produced locally or imported from abroad. This is an issue that will become even more important in 2015 as...
Philippines Industry
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Chapter | Industry & Retail from The Report: The Philippines 2016
A series of reforms initiated by the administration of President Benigno Aquino III in the last few years have boosted spending on infrastructure and opened key industries to outside investors. The reforms prompted a series of upgrades to the Philippines’ credit ratings and echo initiatives taken in the region as it embarks on greater integration through the ASEAN Economic Community.
The automobile industry notched up a robust performance in the Philippines last year, with record sales continuing in early 2015, largely due to economic expansion and the growth of the middle class.
The Philippine economy is gradually on the rise, largely driven by its business process outsourcing, industry and construction sectors. The average pace of growth in the Philippines in the first half of the decade was 6.3%, compared to 6% in Indonesia, 5.8% in Malaysia and Vietnam, and 3.6% in Thailand.
Articles & Analysis | Conflicting opinions on the Philippine mining sector’s tax burden complicate reforms from The Report: The Philippines 2015
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...
Interviews & Viewpoints | Gerard H Brimo, President and CEO, Nickel Asia Corporation: Interview from The Report: The Philippines 2015
How can mining officials ensure the development of the communities surrounding mining sites?