Warmer ties with China and increased investment may augur a period of sustained growth for the Philippines’ tourism sector, further bolstering its already significant contribution to the economy.
Philippines
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Economic view | OBG talks to Delfin J. Wenceslao Jr., Chairman, D.M. Wenceslao & Associates Inc.
12 Feb 2017
What types of construction business might sustain demand for engineering, procurement and construction contractors in the near term?
Economic view | Pierre Yves Cote, Managing Director, Rocky Mountain Arabica Coffee Company, on the challenges and opportunities facing the industry
17 Jan 2017
What is the current state of coffee production in the Philippines, and what factors have led the country to its current situation?
Economic update | Philippines Year in Review 2016
29 Dec 2016
Accelerated growth, backed by rising spending on infrastructure and domestic demand, were the hallmark of the Philippines’ economy in 2016, though offshore political and economic uncertainties could darken prospects for 2017.
A proposal to institute mandatory household and business insurance cover against natural disasters is set to go before the Philippine government. If passed, the measure could not only help mitigate risk stemming from catastrophic events, but also broaden the base of the underwriting sector.
Solid gains by the Philippine manufacturing industry are set to continue through the remainder of the year, but increased investment will be needed to boost production in the long term.