The prevailing narrative of the Philippines’ energy sector in recent years has centred around energy security concerns and the challenge of meeting growing demand. Efforts to realign the energy sector were ramped up during 2017 with the launch of reforms targeting investment and the promotion of efficiency. Modifications to the Electric Power Industry Reform Act of 2001 have come at a critical...
Financial Services
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The banking sector in the Philippines is expanding rapidly, hitting double-digit credit growth in four of the five years in the 2013-17 period. In addition, the sector simultaneously recorded notable improve-ments across major stability indicators. The country’s banking sector is highly liquid and well provisioned, and it benefits from robust macroeconomic growth, even as excess liquidity and...
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.
To what extent can credit growth be spurred by small and medium-sized enterprise (SMEs) loans, and what expectations are there, in this regard, for the medium term?
Economic update | Indonesia raises interest rates as part of proactive monetary policy push
22 Jun 2018
Indonesia’s central bank has moved to stabilise the value of the rupiah and contain capital outflows following the implementation of two interest rate rises in a month, part of a new proactive policy stance.
Articles & Analysis | Tech solutions drive change in financial services from The Report: Tanzania 2018
Once reserved for ambitious start-ups and industry-leading tech operators, financial technology (fintech) has more recently caught the attention of major private sector firms and government planners alike, becoming a regular feature in budget speeches and strategic development plans. As fintech progressively plays a larger part in the lives of...