Philippines

With development dating back nearly 200 years, the Philippine insurance sector is among the region’s most mature and competitive, expanding steadily in recent years despite serious challenges in 2014. The nation remains prone to natural disasters, as evidenced by Typhoon Haiyan, a category-five storm that caused billions in damage when it...

In a move to open its banking sector to foreign investment in 2014, the Philippines eased or lifted key restrictions that had kept foreign participation at a stunted level, with gradual investments from foreign players expected over the course of 2015 and 2016.

To what extent can further liberalisation strengthen domestic companies for ASEAN integration and facilitate the entrance of more foreign players, particularly in the banking sector?

THE COMPANY: Incorporated in 1998, Aboitiz Power Corporation (AP) operates as the power unit of the Aboitiz Group. As a publicly listed firm, AP is considered to be one of the leading local players in the power industry, with interests in a variety of privately owned power generation companies and...

If anyone else in the Philippines had a plan as ambitious as Clark Green City, it would probably be regarded as unrealistic and unlikely to happen. Clark Green City is a dream to create an entirely new planned city, about 130 km north-west of downtown Manila. Although near the twin cities of Angeles and Mabalacat, Clark Green City will be...

After many years of struggling, the Philippines’ electronics industry appears to be finally making a turnaround, thanks to an improving investment climate and strengthening global demand. Bankers, economists and business executives who follow the industry’s fortunes say the turnaround began in late 2013 and has been gathering pace since. The...