The emergence of new hydrocarbons fields has helped the Philippine energy sector make up for declining output starting in the mid-1990s. While primary energy demand continues to outstrip diminishing domestic production, output from relatively recently exploited reserves such as the Galoc oil field and the Malampaya natural gas field are offsetting...
A diverse country with an intriguing history, the Philippines today is a multi-party, democratic republic, open to foreign investment, and integrated within the regional and international political and economic community. The presidency of Benigno S Aquino III, begun in 2010, has seen continued economic growth and some important breakthroughs in...
In the third quarter of 2013, the Philippines was one of the best-performing economies in the region, second to China (7.8%) and outpacing Indonesia (5.6%), Vietnam (5.1%), Malaysia (5.0%) and Thailand (2.5%). Its GDP was up 7% year-on-year, the fifth consecutive quarter that growth was at least 7%. The Philippines has been laying the groundwork for...
THE COMPANY: Ayala Land, Incorporated (ALI) is the real estate arm of Ayala Corporation, one of the Philippines’ biggest and oldest business conglomerates. With over eight decades of experience in real estate, ALI has earned a reputation as the country’s premier real estate developer. Its projects include...
THE COMPANY: Incorporated in 1998, Aboitiz Power (AP) operates as the power unit of the Aboitiz Group. AP, as a publicly listed firm, is considered to be one of the leading local players in the power industry, with interests in various privately owned power generation companies and distribution utilities...
China is one the Philippines’ most important trading partners. In 2012 it was number three in total bilateral trade, behind the US and Japan, but it became number two by July 2013 and was number one for imports to the Philippines by that time (up from number three). The trade relationship is certainly a vital one. Yet beyond the numbers, the...
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