Philippines

The Philippines is one of the world’s fastest-growing nations. Although economic activity slowed during the 2020 Covid-19 pandemic period, stimulus measures, imminent public sector policies and a larger budget are expected to create jobs, generate growth and help kick-start the country’s recovery during 2021.

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Chapter | The Guide from The Report: Philippines 2021

This chapter contains selected listings of some of the top hotels in Metro Manila and Baguio, helpful tips for business and leisure travellers, and other useful suggestions for travel to the Philippines. This chapter contains an interview with Bárbara Apráiz de Encío, Executive Director, Spanish Chamber of Commerce.

Chapter | Legal Framework from The Report: Philippines 2021

This chapter examines the legal system of the Philippines, focusing largely on the stipulations of Bayanihan 1 and 2, which were passed into law in March and September 2020, respectively, to address the economic and health impacts of the Covid-19 pandemic. The chapter also outlines new guidelines on remote participation, corporate donations, corporate debt vehicles and draft guidelines for the...

Chapter | Tax from The Report: Philippines 2021

This chapter examines the tax system of the Philippines, focusing primarily on the tax...

Chapter | Health from The Report: Philippines 2021

The Philippines’ universal health care (UHC) system is now operative, after President Rodrigo Duterte signed the bill into law in February 2019 and Francisco Duque III, the secretary of health, signed the implementing rules and regulations in October that year. This set the stage for 2020 to be the first year of UHC, strengthened by collaboration and the expertise of the private sector....

Chapter | Digital Economy from The Report: Philippines 2021

Philippine authorities have worked to develop the digital economy in recent years, prioritising strengthened internet service provision and a more competitive telecoms market. The country saw an increased reliance on online services and digital technologies, such as e-commerce, during the its extended lockdown period in response to the Covid-19 pandemic. This increased the impetus for players...

Chapter | Construction & Real Estate from The Report: Philippines 2021

While Covid-19 has thrown the Philippines’ economy into flux, early indications suggest that construction and real estate is one of the...

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