• Economic News Updates

    Economic News Updates

    For each market we cover, OBG produces regular economic research available on our website, by email subscription and via RSS feed. Free to access, our Economic Updates are targeted at those looking for regular comment on key sector developments.

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Displaying 85 to 90 of 166

Economic Update | The Philippines: Reduced forecast

7 Jul 2011

Although the Philippines economy looks set to grow in 2011, it seems likely that the rate of expansion will be less than that recorded over the past year or so, with both international and domestic factors weighing on growth momentum.

Economic Update | The Philippines: Touting tourism

17 Jun 2011

Manila is looking to launch a new strategic plan to maximise the country’s tourism potential, raising the sector’s profile internationally while boosting employment and investments in key infrastructure and facilities to improve service provision. However, even if the plan is successfully implemented, the Philippines will still have a long way to claim a greater share of regional hospitality sector.

Economic Update | The Philippines: Waiting for the REIT stuff

26 May 2011

With interest rates still low and consumer demand strong, the Philippines real estate sector is off to a good start this year. However, continued delays in implementing the legal framework for real estate investment trusts (REITs) may slow momentum in the property market.

Economic Update | The Philippines: Spending time

12 Apr 2011

The Philippines’ retail sector will be looking to turn solid economic growth and burgeoning consumer confidence into profits over the coming year and beyond, though a lack of prime space in top-end malls and high street locations could see rental costs rise, draining black ink from the ledgers of some in the industry.

Economic Update | The Philippines: Ready for take-off

7 Feb 2011

The Philippines’ aviation sector is soon to undergo one of the most dramatic overhauls in its history, with a new open skies policy about to be implemented, granting foreign carriers access to provincial airports across the country. The government has said this measure will bolster tourism. However some critics believe liberalising the industry will do little to increase visitor numbers unless Philippine airlines are given reciprocal landing rights overseas.

Economic Update | Philippines: Year in Review 2010

21 Jan 2011

The Philippines ended 2010 with a stronger economy, a new government and hopes for continued stability and expansion. Without doubt, the biggest story of the year was the victory of Benigno Aquino III in the presidential elections held at the end of May. Aquino campaigned heavily on a platform of combating corruption, improving income distribution and careful management of the economy while not reducing spending on social services.