Operating in lockstep with the economy as a whole, the retail sector continues to exhibit consistent growth, fuelled by overall GDP expansion averaging 6.7% annually between 2012 and 2014, and coupled with low inflation rates and steady population growth. The increasingly affluent and relatively youthful population is providing an increasingly...
What are some of the key characteristics of the domestic spirits market, and how are current consumption dynamics changing?
Situated upon a belt of volcanic activity, the archipelagic nation of the Philippines is the fortunate beneficiary of millions of years of violent volcanism and tectonic plate convergence that have left behind a fortune in mineral wealth just beneath the surface. These riches form the foundation of the country’s mining industry, attracting...
Fuelled by rapid economic expansion and industrialisation, regional competitors across Asia are becoming increasingly active in making territorial claims in what is now a high-stakes competition to secure increasingly scarce strategic resources. Territorial disputes have intensified in recent years, as numerous countries vie for control over...
Led by strong domestic demand and growth in export markets, the Philippines’ industrial sector is slowly but surely establishing itself as a rising player in the regional manufacturing arena. The country’s large and skilled workforce and 100m-strong domestic market continue to draw both foreign and domestic firms to set up shop, while trade...
Impacted by regulatory uncertainty, which has slowed mining investment in precious metal projects, gold production has taken a big hit in recent years. After contributing around 0.54% to the country’s GDP in 2010, gold mining production dropped rapidly over the next four years to just 0.15% of GDP in 2014, according to the Philippines...
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