The pharmaceutical industry in the Philippines has been seeing stable growth for the past decade, and it looks set to continue. Though the market stood at $4.3bn in 2013, several recent and incoming changes could enable to sector to reach approximately $8bn by 2020. The increase is linked to the government’s intervention in price control and a...
Though health care sector spending is on the rise in the Philippines, years of underinvestment have resulted in a deficit in both available facilities and services. Although improvements are being made – in 2014 the Philippine government spending on health care reached the 5% of GDP recommended by the WHO – to reach the levels of care planned...
Revitalising a fragile education system, which was once considered amongst the best in South-east Asia, remains a top priority for Myanmar’s transitional government. However, rapid urbanisation, limited infrastructure, and a mesh of civil and religious unrest have left the Ministry of Education (MoE) with numerous hurdles to overcome. During the height of military rule,...
By most accounts, Myanmar has made significant economic progress in recent years, but general health care quality and access still lag dramatically behind that of its neighbours. Decades of mismanagement and limited funding has diminished the health sector and left it in dire need of reform, leaving the Ministry of Health (MoH) to fight an uphill battle. With life...
Valued at $480m in 2013 by the Ministry of Commerce, Myanmar’s pharmaceuticals industry offers drug makers a new opportunity, particularly over-the-counter manufacturers who stand to benefit from the country’s reopening. A dramatic increase in health expenditure coupled with rising per capita income is set to see the value of the industry grow to $945m in 2015, a nearly...
Rising demand for qualified staff throughout Myanmar has accelerated vocational training initiatives, which have been undertaken by both government agencies and foreign institutions. Since the opening of the economy to the outside world, workers have noticed a dramatic expansion in job opportunities, but often lack the skill set required to fill postings. The arrival of...
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