The Philippines real estate industry will soon have a new avenue for raising funds, with regulations about to be finalised to allow firms to establish real estate investment trusts (REITs), a move that is expected to see an influx of capital into the sector and trigger a wave of new projects. In late April, the Securities and Exchange Commission (SEC) unveiled the draft of its implementing rules…
At a glance the Philippine educational system appears healthy, robust and efficient. The reputation of Filipino nurses, teachers, engineers, accountants and other service-related workers is well established. Global demand for skilled English-speaking Filipino workers often masks the fact that the country’s educational system faces a number of challenges – not least of which is a shortage of teachers…
Industrial production in the Philippines has long been dominated by the manufacturing and export of electronic goods, which have fallen prey to the global downturn as demand slows worldwide. The year 2008 was a particularly difficult one during which Filipino manufactured exports were considerably lower than the previous year. Some experts believe that 2009 will prove to be an even more challenging…
Earlier this month the supreme court (SC) of the Philippines made a final ruling upholding its decision to prohibit the importation of used motor vehicles. The hope is that government agencies will now fully enforce the legislation and lower the number of vehicles being smuggled into the country. Elizabeth Lee, president of the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI), told…
Cebu, the second largest city in the Philippines, has been working hard to highlight the city's trade and industry opportunities, particularly in information technology and business process outsourcing, in an effort to draw more business and training opportunities to the area. The Cebu ICT 2007 International Conference and Exhibition was the last major event of Cebu Business Month (CBM). It featured…
The Report: Philippines 2010 examines economy and investment opportunities The leading global publishing and research company Oxford Business Group today launched The Report: Philippines 2010, the product of an in-depth and wide-ranging investigation into the health of the country’s economy. The 188-page report, launched at “The Philippines: Opportunities in the Global Recovery,” economic…
