Philippines

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The prevailing narrative of the Philippines’ energy sector in recent years has centred around energy security concerns and the challenge of meeting growing demand. Efforts to realign the energy sector were ramped up during 2017 with the launch of a couple of reforms targeting investment and the promotion of efficiency.

 

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...

 

Countries and regions across the world have long understood the potential of the MICE segment as a vehicle to drive high-value tourism and economic development. In recent decades this has led to significant investment, with nations working to position themselves as centres for the industry, both regionally and globally, aided by greater air...

 

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...

 

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...

 

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.

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