Philippines

The government has been investing heavily in higher education institutions (HEIs) and innovation activities in key industries, expanding the collaboration between academia, industry and government, as well as developing research and development (R&D) projects in different provinces around the country.

Nationally, taxes are levied and collected pursuant to the National Internal Revenue Code, the Tariff and Customs Code, and other laws. The main types of revenue taxes are income, indirect, excise, documentary stamp and transfer, which are all administered by the Bureau of Internal Revenue (BIR). Local governments also have some autonomy to...

Although priorities vary when it comes to economic development, the increasing need for skilled labour is both a cause of and a requirement for accelerated growth that spans markets and continents. This demand for technical specialists from Mexico to Indonesia is often most concentrated in the sectors that are vital to economic advancement,...

These are busy times for the Philippine health sector, with the country gearing up for a long-awaited move to universal health care (UHC) and investment in the private sector accelerating. Specialist and high-tech facilities are being developed, generating investor interest and business opportunities in pharmaceuticals and imported medical...

The Philippines has started to make headway in education thanks to policies that aim to expand access and improve quality. The need for human capital development has been the main impetus behind such educational reforms, as detailed in the current administration’s Philippine Development Plan (PDP) 2017-22. Despite notable gains, work remains,...