SOCIETY & ETIQUETTE: For those accustomed to doing business in the US or other Western markets, Philippine business customs will appear familiar. Handshakes are standard for both men and women in formal and informal occasions, while the exchange of business cards is fairly informal. However, if...
Strong economic growth and a rise in energy demand have exerted pressure on the Philippines’ energy sector in recent years. With large, easily accessible oil and gas discoveries long since picked over, a continued decline in petroleum production has encouraged a heavy reliance on imports. The substantial reserves in the Malampaya gas fields have...
Forces coalesced in 2014 to grant the Philippines’ renewable energy industry its most productive year to date. Spurred on by mounting concerns over the looming energy shortfall, the Energy Regulatory Commission (ERC) has opened the sector to investment by boosting the renewable capacity approved for the renewable energy incentive scheme ten-fold in...
As the economy has continued its robust growth over the past decade, and spending among the expanding middle class has increased, demand for electricity has risen accordingly. However, while sales have gone up by an annual average of 3.89% from 2001-13, according to the Department of Energy (DoE), power generation capacity growth has lagged far...
While hydrocarbons production in the Philippines has declined in recent decades, the exploration of new territory holds the potential to stave off dependence on foreign imports, if not reverse the trend altogether. Unfortunately, a host of obstacles will need to be overcome in order to achieve any significant improvement even in the short-to-medium...
As the Philippines attracts tourists in ever greater numbers, the focus of the sector has shifted away from the mass market to promoting the country as an ecotourism destination. Crucial to this strategy has been an focus on sustainable development, emphasising projects with a minimal impact on the environment, as well as efforts to avoid the displacement of indigenous...
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