Content type

Quick View: Accelerated Drug Approval Process Will Drive Pharmaceutical Sector Growth In The Philippines

Pharmaceuticals / Philippines / Wed 14 Feb, 2024

The Latest: On February 13 2024, the president of the Philippines directed the country’s Food and Drug Administration (FDA) to streamline the drug regulatory process and expedite new drug registrations. The president also presented the idea of establishing ‘pharma-zones’, intended to serve as one-stop shops to make the drug application process

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Philippines: Strong Economic Momentum To Continue

Country Risk / Philippines / Mon 05 Feb, 2024

Key View

  • Economic growth surpassed expectations in 2023 and we think that 2024 will be an even stronger year. We forecast real GDP growth will accelerate from 5.6% in 2023 to 6.2% in 2024.
  • Most of the economic momentum will be domestically driven. Continued consumer resilience and a rebound in investment activity will support growth.
  • The
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Philippines Tourism: Post-Pandemic Recovery Under Way In 2024

Tourism / Philippines / Wed 31 Jan, 2024

Key View: We retain our view that the Philippines’ tourist arrival levels will fully recover to their pre-pandemic levels in 2024, after the country recorded a strong 2023 with over 5mn tourists arriving over the full year. In 2024 we project the Philippines' tourist arrivals will grow to 8.21mn. The country’s continued recovery from the

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Philippines Emerging As A New Frontier LNG Market

Oil & Gas / Philippines / Fri 22 Dec, 2023

Key View

  • The Philippines is emerging as a new frontier LNG market attracting strong interest from LNG producers and traders.
  • Lower spot LNG prices could encourage potential LNG importers to accelerate construction of LNG import terminals.
  • Future LNG demand growth will depend to a large extent on further expansion of gas-fired power
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