Philippines

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...

To meet the goals of the National Tourism Development Plan (NTDP) 2016-22, the Department of Tourism (DOT) is working with the private sector to diversify the country’s tourism offerings, developing attractions outside the capital, and boosting connectivity and promotion efforts. This should help to reach the targets of welcoming 12m foreign...

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...

One of the most important pillars of the reform agenda led by the Department of Energy (DoE) is ensuring energy security. With rising demand and the inevitable depletion of the Malampaya field, policymakers are looking towards alternative sources.

In response to public demand, the administration of President Rodrigo Duterte has expressed its commitment to reducing monthly energy bills, which have long weakened household purchasing power. Previous administrations have endeavoured to improve transparency across the sector and reduce energy costs, evident by the creation of the Electric...

Faced with a highly competitive environment in which rival markets are looking to capitalise on rapid technological progress to establish superiority in new fields of advanced manufacturing, the government has launched a multi-pronged strategy to ensure Philippine industry keeps pace. Overseen by the Department of Trade and Industry (DTI), the...