A pillar of one of Asia’s rising economies, the Philippine industrial sector posted another strong performance in 2017, growing by 7.6% despite recent geopolitical turbulence related to the 2016 election. Manufacturing output increased by 8.5%, bolstered by expansion in each of its core segments of electronics, food and beverages, chemicals and furniture. Riding the wave of consumer confidence...
Philippines Industry Articles & Analysis
Chapter | Industry & Retail from The Report: Philippines 2018
Rapid macroeconomic growth has worked to strengthen trade and investment in the Philippines. Build, Build, Build – the government’s infrastructure development agenda – is supporting soaring imports, while the fast-growing manufacturing export base remains an economic mainstay.
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Interviews & Viewpoints | Inanc Balci, CEO and Co-founder, Lazada Philippines: Interview from The Report: Philippines 2018
Which regulatory areas require overhaul and fine-tuning for the local e-commerce industry to realise its growth potential?
Articles & Analysis | Retailers in the Philippines benefit from rising consumer confidence from The Report: Philippines 2018
Riding the wave of consumer confidence that has remained relatively steady since the presidential election in 2016, the Philippine retail sector scores well in global rankings for development potential. With a population of 106.5m in 2018 and a growing consumer middle class, per capita GDP reached around $7700 at purchasing power parity in...
Articles & Analysis | The strong performance of the Philippines' industrial sector invites higher levels of investment from The Report: Philippines 2018
A pillar of one of Asia’s rising economies, the Philippine industrial sector posted another strong performance in 2017, growing by 7.6% despite recent geopolitical turbulence related to the 2016 election. Manufacturing output increased by 8.5%, bolstered by expansion in each of its core segments of electronics, food and beverages, chemicals...
Articles & Analysis | The Philippines' largest retailers enter the e-commerce marketplace from The Report: Philippines 2018
High smartphone penetration and social media usage suggest strong growth potential for the Philippines’ nascent e-commerce segment in the medium to long term, though online activity is still low as a share of total retail sales. This opens the possibility for disruption in an industry long dominated by traditional brick-andmortar shops – an...
Articles & Analysis | Economies around the world prepare for the Fourth Industrial Revolution from The Report: Philippines 2018
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are presenting emerging markets with opportunities such as improved productivity, as well as risks, namely reshoring and the...
Articles & Analysis | Philippine government blueprint seeks to create industrial clusters from The Report: Philippines 2018
Faced with a highly competitive environment in which rival markets are looking to capitalise on rapid technological progress to establish superiority in new fields of advanced manufacturing, the government has launched a multi-pronged strategy to ensure Philippine industry keeps pace. Overseen by the Department of Trade and Industry (DTI), the...