Impacted by regulatory uncertainty, which has slowed mining investment in precious metal projects, gold production has taken a big hit in recent years. After contributing around 0.54% to the country’s GDP in 2010, gold mining production dropped rapidly over the next four years to just 0.15% of GDP in 2014, according to the Philippines...
Led by strong domestic demand and growth in export markets, the Philippines’ industrial sector is slowly but surely establishing itself as a rising player in the regional manufacturing arena. The country’s large and skilled workforce and 100m-strong domestic market continue to draw both foreign and domestic firms to set up shop, while trade...
Fuelled by rapid economic expansion and industrialisation, regional competitors across Asia are becoming increasingly active in making territorial claims in what is now a high-stakes competition to secure increasingly scarce strategic resources. Territorial disputes have intensified in recent years, as numerous countries vie for control over...
The 1991 discovery of the Malampaya gas field by Shell Philippines Exploration and the subsequent monetisation of the prospect is arguably the single most important energy play ever developed in the Philippines, and remains the largest active hydrocarbons play today. The natural gas reservoir single-handedly boosted the country’s natural gas...
Saddled with a legacy of heavy dependence on foreign oil to meet its primary energy needs, the Philippines has a long history of developing alternatives to serve as import substitution so as to counter the escalating cost of energy. In the past these efforts have included demand reduction through increased efficiency, adding greater incentives...
Strong, sustained economic growth along with a corresponding rise in consumption and increasing industrial aspirations continue to drive energy demand to new levels across the Philippines, even as local primary energy resources become more difficult to develop. Domestic oil and gas production remains spotty, with very little progress being...
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