Philippines

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.

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The Philippines is experiencing a boom in digital banking as a result of the Covid-19 pandemic, with several digital-only banks announcing plans to enter the market and legacy banks rapidly upgrading their online offerings.

With the outbreak of the novel coronavirus disrupting agricultural links to consumers, the Philippine government has sought to bolster food security by providing farmers with financial support and forming new localised supply chains. While these reforms have helped, a number of technological solutions also have the potential to strengthen the industry through greater access to finance.

As much of the Philippines remains under 'enhanced community quarantine' due to Covid-19, the country’s vital business process outsourcing (BPO) industry has adjusted to new working practices and shifts in demand.

As social-distancing measures lead to increased demand for home entertainment, what strategies can be employed to increase penetration in a sustainable manner?

What are the implications of Covid-19 for ASEAN and the work of the UKABC?

Restrictions on the movement of people and business operations in response to the outbreak of Covid-19 are changing the way residents of the Philippines are consuming and paying for goods and services. 

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