Largely helped by significant public spending in infrastructure, the construction sector saw robust growth in 2013. An improving investment climate, which saw a steady inflow of remittances and inward investments directed at the property sector, also played a part in spurring construction activity. Investment-grade upgrades from Fitch Ratings and...
Several major highway and light rail transit (LRT) projects set to be rolled out next year could finally ease serious congestion problems in the Philippines. The wave of planned projects comes on the back of a pledge made by President Benigno Aquino III’s administration to substantially increase transport infrastructure spending as part of a broader...
Possessing some of the region’s most impressive reserves of mineral wealth, the Philippines has the potential to forge itself into one of the world’s premier mineral extraction and export nations. Situated along the Pacific’s famed Ring of Fire, the country boasts mineral reserves estimated at $850bn, including the third- largest gold reserves in...
Belied by its relatively modest contribution to the overall economy, the Philippine agricultural sector remains a key component in the social and economic development of the country –more than 24.53m Filipinos work in the sector, making it both economically and politically vital. The industry also plays a key strategic role, with the government...
The Philippines continues to experience a sharp disparity in the quality of health care provision in urban and rural areas. This affects coverage for the poorest and most vulnerable sections of the population. Though underinvestment by the government remains an issue, regulations have been framed to address the issues surrounding equity, access and...
Whether it is basic, elementary or tertiary, the fundamental challenge for the Philippine education system is one of access and quality. The country is now making its boldest attempt to date to correct some of these shortcomings, which have constrained its human resource potential for the last three decades. The administration of President Benigno...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×