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 briefing held by The Investor Relations Office today, includes a detailed, sector-by-sector guide for foreign investors, as well as interviews with prominent political and business leaders. The Report: Philippines 2010 features contributions from President Gloria Macapagal-Arroyo; Jaime Augusto Zobel de Ayala, Chairman and CEO of the Ayala Corporation; Manuel V Pangilinan, Chairman of Philippine Long Distance Telephone Company, and Ramon Ang, President and COO of San Miguel Corporation.
Other high profile personalities including Amando Tetangco Jr, Governor of Bangko Sentral ng Pilipinas; Angelo Reyes, Secretary of Energy; Edgardo Lacson, President, Philippine Chamber of Commerce and Industry; and Ambassador Michael Tay, Executive Director of Asian-Pacific Economic Cooperation (APEC) Secretariat also give their views on economic development across the Philippines.
Paulius Kuncinas, OBG’s Regional Editor for Asia, said that the country’s limited exposure to world markets had helped it avoid the worst of the global financial crisis. “Thanks to conservative regulation and the reforms of recent years, the global financial crisis has had only a minor impact on the banking system of the Philippines. The government has, however taken the opportunity to launch a major fiscal stimulus plan, while improving the investment environment and making revenue collection more efficient”.
He continued, “The Philippines faces major challenges in providing efficient transport infrastructure as a result of its complex geography. The policy of spreading out the populace more evenly has placed more focus on developing transport networks, an issue that is currently being tackled with a $16bn programme.”
Kuncinas also acknowledged the key part that OBG’s partners had played in contributing to The Report: Philippines 2010. “Our partners have detailed knowledge of the significant developments taking place in the Philippines,” he said. “By pooling resources and sharing business intelligence, they have undoubtedly helped OBG to produce a report containing high-level credible and accurate analysis which the international business community will find invaluable.”
The Report: Philippines2010 has been produced in partnership with Bangko Sentral ng Pilipinas (BSP), Philippine Chamber of Commerce and Industry, Citisec Online Securities as the capital markets partner, Punongbayan & Araullo as the accountancy partner and Romulo Mabanta Buenaventura Sayoc & de los Angeles as legal partners. The Report: Philippines 2010 will be available in print and online, forming part of the range of OBG's publications which are renowned as leading sources of information on developing economies around the world.
The Report: Philippines 2010 marks the culmination of more than six months of on-the-ground research by a team of analysts from OBG, assessing trends and developments in all major sectors of the economy, including energy, industry, finance, banking, tourism, transport and real estate. This third edition of the publication includes new chapters on Health and Education, and Business Process Outsourcing, in addition to an in-depth evaluation of the EPIRA Law and a focus on renewable energies.
About Oxford Business Group
Oxford Business Group (OBG) is a global publishing, research and consultancy firm, which publishes economic and political intelligence on the markets of Asia, the Middle East, Africa, Eastern Europe and the Caribbean. Through its range of print and online products, OBG offers comprehensive and accurate analysis of political, macroeconomic and sectoral developments, including banking, capital markets, insurance, energy, transport, industry and telecoms. The Report: Philippines2010 is produced in partnership with Bangko Sentral ng Pilipinas (BSP), Philippine Chamber of Commerce and Industry, Citisec Online Securities as the capital markets partner, Punongbayan & Araullo as the accountancy partner and Romulo Mabanta Buenaventura Sayoc & de los Angeles as legal partners.
The critically acclaimed economic, political and business reports have become the leading source of business intelligence on developing countries in the regions they cover. OBG's online economic briefings provide up-to-date in-depth analysis on the issues that matter for tens of thousands of subscribers worldwide. OBG's consultancy arm offers tailor-made market intelligence and advice to firms currently operating in these markets and those looking to enter them.