Operating in lockstep with the economy as a whole, the retail sector continues to exhibit consistent growth, fuelled by overall GDP expansion averaging 6.7% annually between 2012 and 2014, and coupled with low inflation rates and steady population growth. The increasingly affluent and relatively youthful population is providing an increasingly...
What are some of the key characteristics of the domestic spirits market, and how are current consumption dynamics changing?
With more than 7000 islands, nine UNESCO World Heritage sites, tropical biodiversity and a great range of cultural traditions, the Philippines is one of the most attractive destinations in South-east Asia. Since 2010 the country and its policy makers have made a concerted effort to attract more visitors, with intensive investments in marketing...
Situated upon a belt of volcanic activity, the archipelagic nation of the Philippines is the fortunate beneficiary of millions of years of violent volcanism and tectonic plate convergence that have left behind a fortune in mineral wealth just beneath the surface. These riches form the foundation of the country’s mining industry, attracting...
What are the principal drivers behind the decentralisation of modern retail into provincial areas?
Fuelled by rapid economic expansion and industrialisation, regional competitors across Asia are becoming increasingly active in making territorial claims in what is now a high-stakes competition to secure increasingly scarce strategic resources. Territorial disputes have intensified in recent years, as numerous countries vie for control over...
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