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...
Tourism in the Philippines has seen considerable growth in recent years, with over 7000 islands and an abundance of rich cultural traditions making the archipelago a regionally competitive destination. There has been a renewed focus on sustainable tourism following the closure of popular coastal destination Boracay for six months in 2018. This...
One of the Philippines’ most popular holiday destinations, Boracay is an example of how tourism growth can have negative effects if it is not handled correctly. An island covering 10.3 sq km, Boracay hosted one-third of all the country’s visitors in 2017. Unchecked development, insufficient waste water treatment facilities and overpopulation...
Within the global financial market, the Philippine Stock Exchange (PSE) has recognised the importance of evolving and adapting to the changing needs of investors. At the same time, it is also important that the PSE understands when operational and structural improvements are needed. To this end, the exchange has introduced a series of...
With less than 1% of the population invested in equities in 2019, the Philippine Stock Exchange (PSE) has made financial literacy its main corporate social responsibility. As a regulator, the PSE has advocated the adoption of environmental, social and governance (ESG) as a standard for evaluating sustainable business practices. It showcases...
Favourable macroeconomic conditions – namely lower inflation and increased purchasing power – have bolstered consumer confidence in the Philippines. Likewise, enhanced business strategies and new product lines have played a key role in expanding the retail sector in recent years, as has the continued development of e-commerce and rising...
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