Rising domestic and external demand helped place the Philippines as one of Asia’s best-performing economies in 2017, with many key sectors posting high levels of growth.
Philippines
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Economic update | Philippines: Year in Review 2017
27 Dec 2017
On the back of efforts to encourage more international business activity, the Philippines registered the highest rate of foreign direct investment (FDI) growth in the ASEAN region last year, with the country hoping to capitalise on the global attention generated by hosting the bloc’s most recent summit to enhance trade and investment flows.
With an eye on reversing a dip in foreign direct investment (FDI), the Philippines has proposed a series of reforms aimed at increasing trade liberalisation.
What do you think is driving the growing infrastructure gaps throughout emerging and developing economies in Asia?
The Department of Agriculture (DoA) has announced a raft of programmes planned for 2018 aimed at boosting farm productivity, though ensuring their viability will depend partly on funding allocations in the government’s proposed 2018 budget.
Economic update | Philippines signs executive order to streamline approval of energy projects
29 Aug 2017
Major energy projects in the Philippines are set to receive a substantial boost following changes to the approval system, with new reforms expected to dramatically speed up implementation.