Economy

The Philippines is keen to boost foreign direct investment (FDI) inflows in the wake of robust macroeconomic growth, aiming to catch up to its regional neighbours by enacting legal, economic and tax reforms that should see new investment in the country take off. While some of these reforms have been delayed, revisions to the country’s Foreign...

Strong macroeconomic expansion, rising consumer incomes and soaring import demand has kept trade volumes in the Philippines on a consistent upwards trajectory over the past decade. However, the country remains in trade deficit, with exports faltering in recent years as a result of external challenges such as low global commodity prices;...