While the final cost of Typhoon Yolanda is still being calculated in the Philippines, the impact that the country’s low insurance take-up could have on the national economy is fast becoming apparent.
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Economic Update | The Philippines counts cost of low insurance take-up
16 Dec 2013
Economic Update | The Philippines prepares to rebuild
2 Dec 2013
Long a key component of the Philippines’ economy, the construction industry is earmarked for strong growth next year, as the country moves to roll out new infrastructure, address its housing shortage...
Economic Update | Banks in the Philippines prepared to meet Basel III standards
18 Nov 2013
Lenders in the Philippines are readying themselves for a further tightening of regulatory oversight, with the requirements of Basel III, as adapted by the Bangko Sentral ng Pilipinas (BSP), the...
Economic Update | PPPs to roll out transport infrastructure in the Philippines
6 Nov 2013
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.
Economic Update | Ratings boost for the Philippines
21 Oct 2013
Citing solid growth, political stability, greater accountability and a low level of exposure to external shocks, Moody’s has joined Standard & Poor’s and Fitch in assessing the Philippines’...
Economic Update | The Philippines’ auto industry riding high
8 Oct 2013
Buoyed by a burgeoning middle class and greater availability of financing, the Philippines’ automotive sector is set for strong growth this year, with sales for the usually slow month of August...