Cities across the Philippines are getting a facelift, with gleaming new buildings springing up all around Metro Manila and beyond. With the country riding high on a wave of investment rating upgrades this growth, as far as the real estate and construction sector is concerned, has only just begun. But while this vote of confidence in the Philippines...
By including everyone under a health insurance coverage scheme and ensuring affordable drugs reach all socioeconomic groups, the Philippines is setting an example on how to tackle the problem of the high cost of medical care and social inclusion. The Philippine experiment of combining public spending on preventive health care and medical coverage...
While the administration of President Benigno Aquino III has won much public acclaim for engineering a transformation of the education system, the sheer speed and scope of change taking place has caused concerns among some observers. If cleared, further budget increases in education are planned in 2014. A total of P44.6bn ($1.07bn) will fund the...
The Philippines has been one of the top performers in the global IT and business process outsourcing (BPO) sectors for the last few years. With the government promoting the development of high-growth industries to generate export revenues and create employment opportunities, the IT sector, and in particular the software industry, has witnessed...
By sheer numbers, Manila is in the midst of a phenomenal hotel construction boom. According to Smith Travel Research (STR), Manila had 9968 hotel rooms under construction or planning as of April 2013, representing 43% of STR’s count of existing supply. Mumbai, with the next-fastest growth rate in the Asia-Pacific region, saw 25%, according to STR....
A new law is expected to boost medical research in the Philippines, potentially opening doors to greater private sector involvement in the health services industry. On May 7, 2013 President Benigno Aquino ratified legislation passed by the parliament earlier in the year that formalised the Philippine National Health Research System (PNHRS) and...
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