Philippines

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With strong economic growth, an expanding population and an increasingly sophisticated internal market, the Philippines is one of Asia Pacific’s brightest investment opportunities. Concerted efforts to reform taxes, improve the ease of doing business and shore up capital markets are under way, while inflation is back under control and a major...

 

How is a balance being struck between increasing tax revenues and boosting foreign investment?

Chapter | Economy from The Report: Philippines 2019

With strong economic growth, an expanding population and an increasingly sophisticated...

The Philippines’ cooling inflation, improved ease of doing business and increased openness to foreign participation are set to encourage more foreign direct investment. A wealth of infrastructure investment under President Rodrigo Duterte’s flagship Build Build Build programme should ease congestion, reduce regional inequality and further boost the flourishing tourism industry.

Plans for the construction of the Philippines’ largest international air gateway were recently given the green light, and the country is set to dramatically expand its air transport capacity.

How do you assess the framework in place to facilitate the continuation of the ASEAN Smart Cities Network (ASCN) during 2019?

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