In a bid to promote investment and address current challenges, the government has intensified efforts to liberalise air transport. As part of this aim, officials have embarked on the two-pronged strategy of boosting the capacity of the country’s primary international gateway, Ninoy Aquino International Airport (NAIA) in Manila, and developing...
On the back of the government’s Build, Build, Build (BBB) initiative, various infrastructure projects have been implemented across the country to ease the flow of goods and people, as well as make the country an attractive place to live and work. Dubbed “Dutertenomics”, President Rodrigo Duterte’s prioritisation of infrastructure is intended...
In April 2019 the Department of Labour and Employment (DOLE) reported that the construction sector’s share of total employment rose to 9.5% in October 2018, up from 8.5% a year earlier. This figure accounted for 328,000 additional jobs with the total employed in the sector reaching 3.9m. The Construction Industry Authority of the Philippines...
The Philippines’ real estate sector has enjoyed robust growth in recent years, fuelled by remittances, rapid economic expansion and a comprehensive public infrastructure programme that has opened up new opportunities beyond Metro Manila and the affluent business districts of the capital. Actions set to further strengthen activity in the sector...
As host of the 30th South-East Asian (SEA) Games in 2019, the Philippines is aiming to put on the largest event of this magnitude to date. Taking place from November 30 to December 11, the SEA Games will feature 56 sports and 523 events, easily outpacing Thailand’s previous record of 44 sports in 2011. New sports on offer include skateboarding...
Aided by easier and cheaper travel, global tourism has experienced two decades of almost uninterrupted growth. According to the World Bank, the number of international departures more than doubled between 1997 and 2017, from 687m to 1.57bn per annum. With the global middle class estimated by the US-based think tank Brookings Institution to be...
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