The Philippines’ rapid development has outpaced the capacity of the energy sector to meet surging demand. In response, long-term policies have been implemented to promote upstream investment, diversify energy sources and drive down the cost of electricity. Notable projects include the construction of the country’s first liquefied natural gas import terminal and regasification facility, as well...
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The Philippines’ cooling inflation, improved ease of doing business and increased openness to foreign participation are set to encourage more foreign direct investment. A wealth of infrastructure investment under President Rodrigo Duterte’s flagship Build Build Build programme should ease congestion, reduce regional inequality and further boost the flourishing tourism industry.
Economic update | Can Kuwait and Saudi Arabia unlock oil production in the neutral zone?
29 Aug 2019
Kuwait has moved to further expand its energy sector, after officials resumed talks with their Saudi Arabian counterparts on oil production in the Partitioned Neutral Zone (PNZ).
Economic update | Will a recent drop in gas output impact Indonesia’s long-term prospects?
24 Jul 2019
Indonesia is stepping up efforts to increase gas production, both to consolidate its position as a leading exporter and to meet rising domestic demand.
Articles & Analysis | New projects prompt increased investment in Colombia's mining sector from The Report: Colombia 2019
With similar geological characteristics to its Andean neighbour Peru, Colombia’s gold potential has long attracted interest from local and international miners. The country’s gold deposits are concentrated in areas with metallogenic belts in the Departments of Antioquia, Santander, Tolima, Huila, Caldas, Nariño, Cauca and Bolívar. Gold was the...
Articles & Analysis | Colombia takes measures to regulate small-scale and artisanal mining in extractive industries from The Report: Colombia 2019
While it is a polymetallic country with robust resources of coal, gold, copper, nickel and emeralds, Colombia’s mining sector remains underdeveloped, accounting for less than 2% of the country’s GDP since 2012. As a result of its potential, past and present administrations have long identified mining as a key pillar of the country’s economic...