How advanced is digital innovation among Philippine businesses compared to those in the region?
How advanced is digital innovation among Philippine businesses compared to those in the region?
Despite the accelerated growth of other industries in recent decades, agriculture remains a pillar of the Philippine economy, providing employment for 27% of the labour force in 2016, according to the most recent data from the Philippine Statistics Authority (PSA). Although the sector’s contribution to GDP has declined in recent decades,...
To help boost internet penetration further and foster the benefits associated with it, the government has strengthened its commitment to building telecoms infrastructure. As such, the expansion of the national broadband network has been highlighted as an important pillar that will improve the ease of doing business, while at the same time...
With a number of previously stalled infrastructure projects kick-started under the administration of President Rodrigo Duterte, the demand for construction materials has reached new heights. Driven by the Build, Build, Build (BBB) programme, the wholesale price of construction materials reached a five-year high during the last quarter of 2017...
While the Philippines has a robust economy with sound macroeconomic fundamentals, its telecoms sector still lags behind global standards, in large part due to a lack of competition and limited investment. In spite of this, the domestic telecoms market is ripe for change and set to welcome a major new player, following the president’s promise...
A confluence of economic forces has bolstered real estate demand in recent years, with an influx of outsourcing firms, rising incomes, cash-laden investors and the liberalisation of key sectors all playing a part. As a result, the real estate sector has exhibited strong growth, with a variety of new residential and mixeduse projects spread...
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