Industrial expansion has played a leading role in the Philippines’ economic progress, with...
Philippines Industry
Chapter | Industry & Retail from The Report: Philippines 2019
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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Articles & Analysis | Consumer sentiment and retail activity are on the rise in the Philippines from The Report: Philippines 2019
Favourable macroeconomic conditions – namely lower inflation and increased purchasing power – have bolstered consumer confidence in the Philippines. Likewise, enhanced business strategies and new product lines have played a key role in expanding the retail sector in recent years, as has the continued development of e-commerce and rising...
Articles & Analysis | Support for small and medium-sized enterprises is increasingly recognised as key to sustainable growth among emerging economies from The Report: Philippines 2019
Small and medium-sized enterprises (SMEs) drive global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. The rise of SMEs has been crucial to economic diversification and resilience, particularly in...
Interviews & Viewpoints | Gerard Brimo, Chairman and CEO, Nickel Asia Corporation; and Chairman, Chamber of Mines: Interview from The Report: Philippines 2019
What is needed to encourage growth in the mining sector with a focus on value-added activities?
