• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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How can the Philippines translate the current economic momentum into inclusive growth?

An archipelago of 7107 islands, the Republic of the Philippines lies south of Taiwan and east of Vietnam, and is bounded in the west by the South China Sea and in the south by the Sulu and Celebes Seas. With a complex history marked by successive waves of migration and periods of colonisation and occupation, the Philippines is home to a host of...

Foreign firms have objected to trade union proposals to raise the minimum wage, fearing this will cost the Philippines its competitive edge in a tough global investment climate. But unions say the changes are crucial as workers shoulder increasing utility costs. Citing inflation-based rises in the cost of essentials like electricity, water,...

To what extent could the Philippines-UK Joint Plan of Action (JPA) and Air Services Agreement enhance relations between both nations?

Unlike many of its South-east Asian neighbours, the Philippine economy is less export dependent and more consumption oriented. More importantly, the country has two critical sources of revenue that are largely insignificant in other members of the ASEAN community: business process outsourcing (BPO) and foreign remittances. These two elements have...

What is Vietnam’s strategy for attracting foreign direct investment (FDI) in value-added sectors?

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