Despite declining from the highs of 2013, the Philippines’ economy showed marked resilience in 2014, as it battled back from the impact of a devastating typhoon late last year to give a strong overall performance.
Asia Economy
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Economic update | The Philippines Year in Review 2014
26 Dec 2014
Economic update | Papua New Guinea steps on the gas
10 Dec 2014
A surge in liquefied natural gas (LNG) exports is expected to nearly treble the pace of economic growth in Papua New Guinea in 2015 putting the South Pacific island nation at the top of the league of fast-growing economies and helping it bridge a widening budget deficit.
Articles & Analysis | The creation of a new industry organisation is expected to help resolve long-standing issues from The Report: Brunei Darussalam 2014
The launch of the Brunei Insurance and Takaful Association (BITA) in November 2013 was a major event for the insurance industry and a highly anticipated one since plans for its formation were agreed upon in 2011. Bringing for the first time conventional and takaful insurers under one group, BITA is expected to unify the industry, especially in its relations with...
Interviews & Viewpoints | OBG talks to Osman Jair, Chairman, Brunei Insurance and Takaful Association (BITA), and Managing Director, Insurans Islam TAIB from The Report: Brunei Darussalam 2014
Articles & Analysis | Competition is intense as takaful firms gain on conventional insurers from The Report: Brunei Darussalam 2014
Although the business environment for insurers is challenging, Brunei Darussalam’s small insurance industry continues to expand gradually. Increasingly high court awards to accident victims have impacted the profitability of mandatory automotive and workers’ compensation insurance, while the government’s local business development policies as well as strong support for...
Although the business environment for insurers is challenging, Brunei Darussalam’s small insurance industry continues to expand gradually. Increasingly high court awards to accident victims have affected the profitability of mandatory automotive and workers’ compensation lines, while the government’s local business development policies and support for sharia-compliant insurers are squeezing...