With GDP growth averaging 6.4% between 2010 and 2017, the Philippines is home to one of the top-performing economies in South-east Asia. Buoyed by its robust services sector, the economy has remained strong due to rising investment in manufacturing projects, strong remittance inflows from overseas workers and an infrastructure-spending surge under the government’s Build, Build, Build...
Asia Economy
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Chapter | Country Profile from The Report: Philippines 2018
Elections in June 2016 saw President Rodrigo Duterte assume his six-year term as the 16th president of the Republic of the Philippines. President Duterte won the May 2016 elections by a wide margin to become the first president from Mindanao, the country’s southernmost and second-largest island, ushering in a period of widespread change through the executive and legislative branches of...
Rapid macroeconomic growth has worked to strengthen trade and investment in the Philippines. Build, Build, Build – the government’s infrastructure development agenda – is supporting soaring imports, while the fast-growing manufacturing export base remains an economic mainstay.
Led by electrical and electronic products shipments, Malaysia’s foreign trade rebounded strongly in March after a weaker performance the month before, though exports could come under pressure later in the year as demand fluctuates.
Articles & Analysis | Vision of change: from The Report: Sri Lanka 2018
High levels of public expenditure and rapid industrial expansion supported a long period of robust macroeconomic growth, averaging more than 6% between 2008 and 2014, as the country embarked on a period of post-war reconstruction. With this boom moderating in recent years, a series of ambitious reforms and corrective monetary and fiscal...
Articles & Analysis | Sri Lanka in brief: from The Report: Sri Lanka 2018
The country benefits from its strategic geographic position along a critical Indian Ocean trade route, strong base of industrial and cash crop exports, and rapidly expanding non-agricultural economy. High levels of public expenditure and rapid industrial expansion supported recent robust macroeconomic growth, averaging more than 6% between 2008 and...