Industry

The Philippines’ manufacturing sector is gradually strengthening but it continues to lag behind as services, construction and remittances remain as the key drivers of the country’s rapid economic growth. Hampered by high energy costs, expensive logistics and low infrastructure investment, the manufacturing sector’s share of GDP has been declining...

Philippine developers are using shopping malls as flagships and anchors for large mixed-use developments called “townships”. The trend has been a major driver of the construction boom behind the recent acceleration of the country’s GDP growth.

The Philippines has a relatively advanced retail sector despite restrictions on foreign involvement. One of the most consumerist nations of Asia, household consumption in 2012 accounted for 74% of GDP, higher even than the US. The value added by retailers alone accounted for 14% of GDP, one of the highest ratios in the world. Expansion of organised...

Rising incomes facilitated by Algeria’s economic development, coupled with increasing exposure to international brands and modern outlets, are combining to create the right environment for retail expansion. Although most sales are still channelled through the informal sector and small, family-owned stores, growing examples of successful, large-scale...

With large domestic demand, an available workforce and emerging industrial capacity, Algeria is set to restart its automotive manufacturing sector after years of being out of operation. Despite growing sales of vehicles over the past few years, the country has lacked local manufacturing facilities. However, interest in supplying the rising demand...

After decades of heavy dependence on hydrocarbons exports, Algeria has been working to increase value-added activity and local manufacturing, reduce its import bill, provide a buffer against commodity volatility and create more employment opportunities.