• 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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Economic Update | The Philippines: Stepping on the gas

28 Sep 2011

New offshore natural gas deposits are set to vastly expand the Philippines’ hydrocarbons reserves at a time when demand at home is on the increase. The country has proven natural gas reserves of 108.7bn cu metres, ranking it 51st in the world, with annual production of around 3bn cu metres. While this is sufficient to meet current demand, with the economy expanding and demand for electricity on the rise, calls on domestic gas reserves are expected to increase in the coming years.

Economic Update | The Philippines: Better business process outsourcing

20 Sep 2011

The Philippines business processing outsourcing (BPO) sector is fast developing into one of the pillars of the nation’s economy, with both earnings and employment levels soaring in recent years, though there are concerns that international competition, rising costs and staff shortages could undermine future growth.

Economic Update | Philippines: Building blocks

26 Aug 2011

The construction sector in the Philippines appears to be cooling after a fast-paced 2010, with a slowing of state spending and concerns over the health of the global economy taking some of the heat out of what remains a growth industry.

Economic Update | Indonesia: Increased spending, international focus

16 Aug 2011

Increasing government spending and a renewed focus on international partnerships are paving the way for Indonesia’s education sector to open up to foreign universities with more public funding allocated to improving learning services.

Economic Update | The Philippines: Advanced Class

9 Aug 2011

The Philippines’ education system is in the process of being given a major overhaul, with an extension to the term of basic education and a broader curriculum. These changes are aimed at better preparing students to play a role in society and the economy, though critics of the scheme warn that benefits could be limited by a lack of resources and the rush to implement the project.

Economic Update | The Philippines: Mining magnet

4 Aug 2011

The mining industry in the Philippines seems set for a boom, with earnings advancing and large-scale projects scheduled to come on-line over the next few years. However, lingering concerns over the global economy could dent demand and slow the flow of investment, as could uncertainty over regulations governing the industry.