Consolidation will remain headline news in the Philippine banking sector in 2016, with mergers and acquisitions expected among smaller lenders, particularly in rural areas.
Philippines
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Economic update | Philippines Year in Review 2015
25 Dec 2015
Strong domestic demand and increased government spending helped sustain high levels of economic expansion in the Philippines throughout 2015, though a slight slowdown was observed late in the year as demand from the country’s main trading partners eased.
Economic update | Philippines push to list SMEs
27 Nov 2015
A drive to highlight the benefits of listing on the Philippines Stock Exchange (PSE) to small and medium-sized enterprises (SMEs) is gaining pace.
Economic update | Two additional years of schooling raises capacity concerns in the Philippines
31 Oct 2015
Long-planned reforms to extend the length of schooling in the Philippines by two years are expected to significantly improve employment prospects for the country’s younger generations, while also creating investment opportunities in private education.
Underpinned by growing demand from low-cost buyers and high-end renters in Manila, the residential real estate market in the Philippines has posted strong figures in 2015 year-to-date. With vacancy rates falling and rentals on the rise, the sector is poised to maintain an upward trajectory into 2016.
The insurance industry in the Philippines is gearing up for a strong year, as total premium income rose by more than 40% year-on-year (y-o-y) in the second quarter.