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...
While e-commerce has become well established in more developed markets, the segment has been slower to take off in emerging economies. Online purchasing has been held down in these markets by financing, purchasing and logistics challenges. Nevertheless, online sales are growing rapidly in many developing countries in spite of these obstacles....
Rolling back decades of globalisation, the growing international trend of protectionism has disrupted cross-border trade flows. Perhaps the most significant manifestation of this is the trade war between the US and China, which has altered global supply chains, and forced governments and private firms to make difficult geopolitical and...
A string of new warehousing and industrial parks, in addition to new expressways and rail links, are set to boost the growth of the e-commerce industry on the most populous island of Luzon. Online retailers are eager to take advantage of the opportunities arising from improved connectivity within and between islands. Flagship public...
Industrial expansion has played a leading role in the country’s economic progress, with value added from industry more than doubling between the late 1980s and the early 2000s. While Philippine industry is positioned further down the value chain than many of its ASEAN peers, the sector has nevertheless long served as a pillar of the national...
While macroeconomic expansion and the government’s infrastructure development agenda have strengthened the Philippines’ trade and investment profile, rapid development has outpaced the capacity of the energy sector to meet surging consumer demand. In response, long-term policies and international agreements have been implemented in an effort...
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