In response to growing congestion issues, Manila’s public transport system is gearing up for a major shift in capacity with the construction of the country’s first mass underground transit system, the biggest project to date under President Rodrigo Duterte’s Build, Build, Build (BBB) infrastructure programme. Financed through an official...
On the back of encouraging arrival numbers, Philippine officials are expanding their outreach through marketing and promotional campaigns abroad, including incentive schemes, roadshows, new routes and special tours. Having exceeded their goal of 6.5m foreign arrivals in 2017 by over 100,000, the Department of Tourism (DOT) has targeted...
As efforts to develop tourist attractions ramp up inside the capital and beyond, the Philippines is well placed to capture a lucrative share of the 1.3bn-strong market of global business and leisure travellers. An archipelago of over 7000 islands with bountiful natural attractions and rich cultural traditions, the country drew 6.6m visitors to...
Riding the wave of consumer confidence that has remained relatively steady since the presidential election in 2016, the Philippine retail sector scores well in global rankings for development potential. With a population of 106.5m in 2018 and a growing consumer middle class, per capita GDP reached around $7700 at purchasing power parity in...
The prevailing narrative of the Philippines’ energy sector in recent years has centred around energy security concerns and the challenge of meeting growing demand. Efforts to realign the energy sector were ramped up during 2017 with the launch of a couple of reforms targeting investment and the promotion of efficiency.
A pillar of one of Asia’s rising economies, the Philippine industrial sector posted another strong performance in 2017, growing by 7.6% despite recent geopolitical turbulence related to the 2016 election. Manufacturing output increased by 8.5%, bolstered by expansion in each of its core segments of electronics, food and beverages, chemicals...
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