Although foreign direct investment (FDI) volumes are smaller than what countries in its peer group attract, the Philippines has been catching up at an impressive pace. FDI rose from $1.1bn in 2010 to $4.9bn in the first nine months of 2014 as economic growth has accelerated and business policies have improved. With seven investment promotion agencies offering a variety of tax exemptions and...
Asia Economy
Displaying 1219 - 1224 of 1877
Chapter | Trade & Investment from The Report: The Philippines 2015
The Philippines’ emergence as a growth leader has been building gradually since the 1990s, following a long period of low growth and political upheaval. The country’s economy continues to enjoy a period of rapid, broad-based expansion as the business process outsourcing sector and rising remittances from overseas workers drive growth in consumer-oriented industries and construction. Although...
Chapter | Country Profile from The Report: The Philippines 2015
A history marked by successive waves of human migration has shaped a multicultural present, with the Philippines being home to multiple ethnicities and dialects. The country’s abundant biodiversity, natural resources and youthful demographics are all assets that have garnered recognition from investors in recent years. With presidential, congressional and local elections all scheduled for next...
Interviews & Viewpoints | Hidetoshi Nishimura, Executive Director, Economic Research Institute for ASEAN and East Asia (ERIA): Interview from The Report: Myanmar 2015
What priorities have been identified by the Myanmar Comprehensive Development Vision (MCDV)?
Articles & Analysis | Japanese investment is flowing into a range of sectors from The Report: Myanmar 2015
As Myanmar has changed course since 2010 and pursued political and economic reforms, Japan is the country that has responded most enthusiastically, both to offer assistance and to take advantage of emerging investment opportunities. Although Japan is not seeking to be the monolithic major partner that China was to Myanmar while it was under...
Articles & Analysis | Reforms continue to open the economy as GDP grows from The Report: Myanmar 2015
After spending decades as one of the most isolated and least-developed countries in Asia, Myanmar is emerging as one of the world’s fastest-growing economies. Since a historic reform process began in 2010, foreign investment has been pouring in, driving annual growth to more than 8%, according to IMF estimates. Investment inflows and growing...