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The Philippines exhibits a marked discrepancy in income, living standards and access to basic infrastructure between urban and rural locations, and tourism has been identified as one means of helping to lift more remote regions out of poverty. When considering that natural untouched settings and traditional culture are some of the main drawing...

To what extent will Entertainment City and the expansion of leisure infrastructure enhance Manila’s status as a regional destination?

 

In 2013, the Department of Trade and Industry (DTI) was allocated P2.3bn ($51.8m) from the Department of Budget and Management towards its manufacturing resurgence programme. The programme will support the implementation of a number of industry road maps that have been formulated by the Board of Investments (BOI) with input from technical...

 

Prior to the business process outsourcing (BPO) boom that took hold in the early 2000s, the semiconductor and electronics industry had served as the country’s main economic growth driver for nearly four decades. At its peak earnings in 2010, with export receipts of $31.44bn, it accounted for 61% of exports, a ratio that by 2013 had dropped to...

 

With a young, rapidly growing and consumption-driven market of nearly 100m, an expanding middle class and positive consumer sentiment, the Philippines’ demographic and socio-economic status makes it one of the region’s more promising retail destinations.

 

Growing an impressive 7.2%, the Philippines was one of Asia’s best-performing economies in 2013. As growth has given rise to increased business activity and boosted consumer spending power, the question that arises is whether this newfound domestic demand will be for goods and materials produced locally or exported from abroad. This is an...

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