While Covid-19 has thrown the Philippines’ economy into flux, early indications suggest that construction and real estate is one of the...
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Chapter | Construction & Real Estate from The Report: Philippines 2021
The Philippines is one of the world’s fastest-growing nations. Although economic activity slowed during the 2020 Covid-19 pandemic period, stimulus measures, imminent public sector policies and a larger budget are expected to create jobs, generate growth and help kick-start the country’s recovery during 2021.
Interviews & Viewpoints | Brian Hull, Executive Chairman, Century 21 Siule: Interview from The Report: Papua New Guinea 2020
Articles & Analysis | What is driving construction activity in Papua New Guinea? from The Report: Papua New Guinea 2020
Papua New Guinea’s construction sector is closely tied to its extractive industries. This is in part due to the substantial contribution of extractives to the country’s economy, accounting for around 28% of GDP in 2019. The performance of extractives also dictates access to foreign exchange (forex), with the segment representing roughly 94% of...
Articles & Analysis | How Papua New Guinea is working to bridge the housing gap from The Report: Papua New Guinea 2020
Boosting the supply of affordable housing is central to efforts aimed at improving the lives of citizens in Papua New Guinea. Housing availability has become an increasingly pressing issue in recent years, especially as real estate prices for both renters and buyers have been driven up by the limited availability of land for development and...
Articles & Analysis | What is Papua New Guinea doing to reform land ownership? from The Report: Papua New Guinea 2020
Accelerating land reform has been a key priority in enabling socio-economic progress in Papua New Guinea, and several development programmes have been put in place to this end. Since being elected in 2019, Prime Minister James Marape and his administration have placed a particular focus on mobilising large areas of customary land for...