Expanding Horizons: Elevating High-Value IT-BPM Services in the Philippines
The Philippines' IT-BPM sector has evolved into a hub for finance, healthcare, and high-value services, fueled by global demand.
ASEAN Briefing features business news, regulatory updates and extensive data on ASEAN free trade, double tax agreements and foreign direct investment laws in the region. Covering all ASEAN members (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam)
The Philippines' IT-BPM sector has evolved into a hub for finance, healthcare, and high-value services, fueled by global demand.
Indonesia’s 2024 investments rose 20.8%, leading in nickel supply; opportunities emerge for Chinese firms in tech and healthcare sectors.
Thailand is transforming its automotive industry for EVs with tax incentives, production commitments, and investment requirements to boost local manufacturing.
Singapore M&A structures attract ASEAN investment through legal certainty, tax efficiency, strong governance, and strategic regional entry points.
Brunei offers investment-ready industrial parks, favorable tax regimes, seamless customs, and strategic location in ASEAN supply chains.
Islamic finance, rooted in Shariah principles, grows globally, with assets projected to reach US$7.5 trillion by 2028.
Indonesia's construction industry is a key growth engine, driven by infrastructure projects, urbanization, and FDI, reaching US$535.98 billion by 2030.
Singapore's 2024 economy grew 2.1%, but 2025 forecast lowered due to global demand, U.S. tariffs, and export declines.