Philippine Economic Briefing – London
25th September at 09.00
According to the World Bank the Philippines is one of the most dynamic economies in East Asia and Pacific Region having had sustained annual growth over the past five years of 6.3 per cent.
Makati city skyline. Makati city is one of the most developed business district of metro Manila and the entire Philippines.
At this briefing, key members of the Philippines Cabinet including the Finance, Budget and Trade ministers will be discussing the key macroeconomic and infrastructure developments.
This UK-ASEAN organised briefing will provide an in-depth insight into the Philippine government’s plans for the economy and the market’s potential for international investors.
The World Bank predicts that the Philippine economy will continue its expansionary path and grow at an annual rate of 6.7 per cent in both 2018 and 2019 making it one the strongest performers among major developing economies.
The World Bank puts this performance down to increasing urbanisation, a growing middle-income class, and a large and young population. The Philippines’ economic dynamism is rooted in strong consumer demand supported by improving real incomes and robust remittances. Business activities are buoyant with notable performance in the services sector including the Business Process Outsourcing, real estate, and finance and insurance industries.
The economy is currently growing at its potential but it’s investment growth hinges on the government’s ability to effectively and timely implement its ambitious public investment program.
This briefing is a chance to hear an in-depth update on the Philippine macroeconomic and infrastructure development agendas from key figures of the Philippine cabinet listed below:
Finance Secretary Carlos G. Dominguez III
Socioeconomic Secretary Ernesto M. Pernia
Budget Secretary Benjamin E. Diokno
Trade Secretary Ramon M. Lopez
Bangko Sentral ng Pilipinas Governor Nestor A. Espenilla, Jr.
Transportation Secretary Arthur P. Tugade
Public Works and Highways Secretary Mark A. Villar
Energy Secretary Alfonso G. Cusi
Bases Conversion and Development Authority President & CEO Vivencio B. Dizon
The presentations will cover:
Philippine Macroeconomic Developments
Philippine Infrastructure Development Agenda
To express an interest in participation please email ‘events@ukabc.org.uk‘. This event is being organised by the Republic of the Philippines.
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