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Economic Update | The Philippines’ insurance industry back on top

31 Aug 2015
Phil ins
The insurance industry in the Philippines is gearing up for a strong year, as total premium income rose by more than 40% year-on-year (y-o-y) in the second quarter. 

Economic Update | Philippines’ budget gives boost to health sector

31 Jul 2015
Philippines health
The health sector emerged as one of the big winners in the Philippines’ 2016 draft budget, with a significant increase in funding allocated for the coming year. 

Economic Update | Coal-fired plants to boost the Philippines’ power supply

29 Jun 2015
philippines power
Falling global coal prices and rising domestic demand will see a growing number of private coal-fired power plants open in the Philippines by 2020, dramatically improving electricity supply in the...

Economic Update | Philippines’ remittance industry embraces cryptocurrency

29 May 2015
philippines bitcoin
Home to the world’s third-largest remittance market after India and China, the Philippines is witnessing robust growth in the tech industry as the number of remittance payment platforms for the...

Economic Update | Philippines auto sales show steady growth

30 Apr 2015
phil auto
The automobile industry notched up a robust performance in the Philippines last year, with record sales continuing in early 2015, largely due to economic expansion and the growth of the middle class...

Economic Update | The Philippines looks to tourism revival

31 Mar 2015
Phil tourism
After a challenging year for tourism, the Philippines is hoping that an international marketing campaign, major events and further regional integration as part of the ASEAN Economic Community (AEC)...