The construction and real estate sectors make up around 20% of the Philippine economy, slightly ahead of manufacturing, and as of the first quarter of 2014 accounted for 7% of national employment. Over the past few years, construction in the Philippines has been flourishing amid a climate of political stability and upbeat business sentiment,...
The global BPO industry is forecast by consultancy Tholons to be worth $250bn by 2020 and the Philippines is seeking to cement its position as a preferred global service offshoring hub and expand on and diversify its share in this lucrative, yet highly competitive field. Having grown at a compound annual growth rate of around 10% over the past...
What has been the private sector’s reaction to the pace at which the public-private partnership (PPP) programme has been implemented?
Though still trailing its neighbours, the transport sector in the Philippines is in the process of modernising as the current government continues to fast track relevant infrastructure projects, while also taking modest steps to improve inter-agency cooperation and good governance. The sector is a key component of the national economy, which...
Over the last 50 years, the Philippines has grown to become a leading provider of maritime professionals and is subsequently considered by many to be the seafaring capital of the world. The seafarer population in traditional maritime countries declined in the 1970s, shifting supply to countries like India, China and the Philippines. At present...
In 2014 stifling inner-city congestion cost the Metro Manila area more than P2.4bn ($54m) per day, according to a report by the National Economic Development Authority Board of the Philippines. The congestion was a result of poor city planning, delays caused by the construction of elevated toll roads via the new Metro Manila Skyway project and...
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