Local leaders in Manila have defended new rules that restrict access of heavy vehicles to the capital’s streets, saying the scheme will encourage smoother movements of cargo once shippers adapt to...
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Economic Update | Mixed reaction to a truck ban by authorities in the Philippines
22 Apr 2014
Economic Update | The Philippines’ tourism industry weathers the storms
24 Mar 2014
While two major natural disasters took their toll on the Philippines’ tourism industry during the latter part of 2013, strong overall demand from both the domestic and international markets helped...
Economic Update | Exports down, demand up for the Philippines’ sugar
10 Mar 2014
In response to rising domestic demand and a fall in production due to last year’s extreme weather conditions, the Philippines has scaled back sugar exports this year, but longer-term prospects for...
Economic Update | Real estate in the Philippines attracts inflows
27 Feb 2014
A year of strong economic growth and high foreign direct investment (FDI) in the Philippines has set the scene for a wave of new real estate activity during 2014.
Economic Update | The Philippines’ revenues from BPO set to rise 15% in 2014
9 Feb 2014
The business process outsourcing (BPO) industry is playing an increasingly important role in the Philippines economy, both as a source of foreign currency earnings and as a destination for overseas...
Economic Update | The Philippines Year in Review 2013
27 Jan 2014
Although rocked by the worst typhoon in its history late last year, the Philippines was one of Asia’s 2013 success stories, maintaining strong macroeconomic fundamentals and steady GDP growth.
