After five straight years of robust macroeconomic expansion, the Philippines ranks as one of the best-performing economies in South-east Asia. With rapidly rising domestic consumption, soaring foreign direct investment and a growing services sector, the country is set to record world-leading growth rates in 2017.
Although weakening global and regional demand have weighed on exports, and the agriculture sector remains subdued, prudential fiscal management, falling public debt and legal reforms aimed at improving the investment climate have left the country positioned to tap global debt markets and attract new investment.
4 Reasons to explore the Consumer Market Opportunities in The Philippines
An archipelago state which is home to more than 100 million people, the Philippines is gradually transforming into a burgeoning modern consumer market
Amongst the world’s growth markets, the ASEAN trade bloc is a particularly notable success story. It significantly out-performs many developed territories as well as those which are still developing. (more…)
Duterte Harry, the life and crimes of an elected Philippine president
‘Duterte Harry’ is the first published biography of the Philippine president, and tells of his lifelong addiction to killing. It is a chilling account of what can happen when unbridled populism goes unchecked.
Can border reopening revive tourism in South-East Asia?
In Thailand, where pre-pandemic tourism accounted for 11-12% of GDP, the country lost an estimated $50bn last year as Covid-19...
Thailand dropped from UK’s tough covid-19 travel ‘red list’
Earlier, Thailand was listed among countries with high infection levels that were put on a ‘red list’, requiring arrivals to...
The ASEAN-Russia Trade and Investment Cooperation Work Program
ASEAN and Russia recently agreed to enhance and widen economic cooperation at the 10th ASEAN Economic Ministers (AEM)-Russia Consultations held...
Flexible Workspace Startup Worklounge Debuts with 20+ Luxury Member Lounges in Thailand
Worklounge launches a premium membership granting remote professionals and executives access to exclusive hotel lounges across Thailand. Their platform is...
5 insights to guide ASEAN’s digital generation in a post-pandemic world
We surveyed 86,000 people from six ASEAN countries about their views for a post-pandemic world. The ASEAN Digital Generation Report...