It is the perfect platform for market trends, investments and industry networking through product exchange and a variety of conferences, seminars and technical workshops offering sustainable solutions for the country's enterprises. The event provides various industries with access to the latest development in packaging and processing machines and technology from leading companies across the globe.…
The Philippines posted average economic growth of 6.4% over 2010-19. While the Covid-19 pandemic tested the country’s resilience during 2020, the response measures contained within the two national stimulus packages, Bayanihan 1 and 2, provided support to vulnerable industries. Meanwhile, the rollout of the imminent Corporate Recovery and Tax Incentives for Enterprises bill is expected to create
After a decade, the Philippines’ biggest trade show for hospitality industry is going completely online to serve the industry. Reformatted for digital delivery, the Hotel Suppliers Show VX will deliver an exceptional opportunity for suppliers and manufacturers to network with top-level professionals and stakeholders from the hospitality industry no matter where they are. The virtual platform will…
A string of new warehousing and industrial parks, in addition to new expressways and rail links, are set to boost the growth of the e-commerce industry on the most populous island of Luzon. Online retailers are eager to take advantage of the opportunities arising from improved connectivity within and between islands. Flagship public infrastructure projects, such as the Luzon Spine Expressway Network…
Interview:John Murphy What are the main trends in the regional sector? JOHN MURPHY: There is no better time to be in the beverage industry in South-east Asia. With over 600m consumers living in the region’s emerging economies and a growing middle class, there are many reasons to be optimistic about consumer spending. Furthermore, in the Philippines – as in many neighbouring countries –…
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 smartphone penetration. Home to a diversified retail sector,…
Industrial expansion has played a leading role in the country’s economic progress, with value added from industry more than doubling between the late 1980s and the early 2000s. While Philippine industry is positioned further down the value chain than many of its ASEAN peers, the sector has nevertheless long served as a pillar of the national economy. From a manufacturing standpoint, a number of inherent…
Interview:Gerard Brimo What is needed to encourage growth in the mining sector with a focus on value-added activities? GERARD BRIMO: The growth of the industry is being hindered by policy problems; until these are resolved there is limited value in a discussion of increasing downstream activities. The main policy problems are the moratorium on new mining permits and the ban on open-pit mining.…
Interview:Satoru Suzuki What measures could be taken to boost automobile production in the Philippines? SATORU SUZUKI: The Philippines cannot currently compete with other ASEAN members when it comes to local production costs. However, the potential for growth in the domestic market, combined with the positive economic performance of the economy, presents an opportunity for automobile companies…
Industrial expansion has played a leading role in the Philippines’ economic progress, with industry’s value added doubling between the 1980s and early 2000s. From a manufacturing standpoint, a number of inherent advantages make the country an enticing production base and consumer market, including its strategic location, large population, and burgeoning middle class. However, congested transport…