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Chapter | Financial Services from The Report: Philippines 2021

The Philippines’ financial services sector entered the Covid-19 pandemic on a solid footing, thanks to decades of regulatory reform to address the vulnerabilities exposed by the 1997-98 Asian financial crisis. Strong capital buffers, high levels of provisioning and near-universal public health cover insulated the country from many of the impacts that other markets continue to wrestle with....

Chapter | Economy from The Report: Philippines 2021

The Philippines is one of the fastest-growing economies of the past decade, averaging 6.4% growth per year over 2010-19. Indeed, an expanding and...

Chapter | Country Profile from The Report: Philippines 2021

The Republic of the Philippines reaches from Taiwan in the north to Indonesia in the south. It is the fourth-largest country in South-east Asia after Indonesia, Myanmar and Thailand. Bordered by the South China Sea – also known locally as the West Philippine Sea – in the west and the Sulu and Celebes seas in the south, the Philippines is home to some 175 ethnolinguistic groups across thousands...

The Philippines is one of the world’s fastest-growing nations. Although economic activity slowed during the 2020 Covid-19 pandemic period, stimulus measures, imminent public sector policies and a larger budget are expected to create jobs, generate growth and help kick-start the country’s recovery during 2021.

Chapter | The Guide from The Report: Papua New Guinea 2020

The Guide contains selected listings of hotels in Port Moresby and Lae, as well as information for business and leisure travellers covering visa requirements, health and safety considerations, and local language and culture. This chapter contains an interview with Materua Tamarua, CEO, Australia Papua New Guinea Business Council.

Chapter | Legal Framework from The Report: Papua New Guinea 2020

This chapter explores Papua New Guinea’s legal system across the national, local and provincial levels, including the laws that may impact a foreign enterprise in its business dealings in PNG; the taxes and import duties imposed on individuals and business organisations; the rules regarding the use of customary land; and the conditions under which citizens of the country can be employed. The...

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