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The development path of each of Asia’s advanced and middle-income economies has been characterized by strong growth of the industrial sector and large shifts of workers from lower value-added agriculture and services into higher-value manufacturing and exports. This has yet to take place in the Philippines on a sufficiently large scale.


For much of the last century, industrialization in the Philippines consisted of import substitution and exports of agricultural and forestry products having limited value-added (e.g. coconut oil, copper metal, and plywood). [ Read This Chapter ]


The ports of Batangas and Subic have substantial new investment in port infrastructure that should be utilized to lower international shipping costs for industry in CALABARZON and to develop an Asian regional freeport at Subic. [ Read This Chapter ]

BY 2030: Manufacturing to triple jobs to 10M

9 March, 2017 at 08:30

The number of workers in the manufacturing sector is targeted to triple to 10 million by 2030 as industries make a big push for industrialization, according to Roberto Batungbacal, vice president of the American Chamber of Commerce of the Philippines (Amcham).

Manufacturing must do more to generate jobs — Arangkada

8 March, 2017 at 16:26

“The manufacturing sector is seen as a key driver in accelerating economic growth in a country that would have a population of 200 million by 2050. The goal is to create a globally competitive manufacturing sector that would contribute…

Manufacturing investments to double this year – BOI

7 March, 2017 at 14:02

The Board of Investments (BOI) sees a doubling of this year’s share of manufacturing projects in the country’s total investment generation in light of strong interests, particularly from Chinese and Japanese manufacturing companies.

Assemblers, importers buck move to raise tax on cars

2 March, 2017 at 12:30

The automotive industry has submitted a position paper to Congress asking legislators to reconsider the proposal to raise the excise tax on cars.

Mitsubishi eyes PHL to be ‘3rd pillar of Asian...

1 March, 2017 at 16:22

Mitsubishi Motors Corp. is setting a long-term vision of making the Philippines its third pillar of exports in Asia, starting with its participation in the government’s manufacturing stimulus program, the Comprehensive Automotive Resurgence Strategy (CARS).

Helping boost the manufacturing and energy sectors in the...

8 December, 2016 at 14:31

A country’s manufacturing sector is a good indicator of its degree of industrialization and prosperity. The sector provides most of the basic needs of the people…

DTI unveils new industrial strategy

29 November, 2016 at 10:57

The Department of Trade and Industry (DTI) has unveiled a new industrial strategy that would revive the country’s manufacturing sector and accelerate further its growth in the coming years.

BOI pushes removal of ‘nationality bias’ in perks

18 November, 2016 at 15:30

The Board of Investments (BOI) wants to remove what it calls a “nationality bias” in its current incentive system to allow the influx of more foreign investors in the country.

Duterte US snub shocks as electronics firms lose millions

14 November, 2016 at 17:30

Still reeling from the jitters caused by President Duterte’s controversial remarks on the country’s “separation” from the US, semiconductor and electronics firms operating here have put on hold their investment and expansion plans.

Philippine mfg sector sustains rapid growth in Oct

3 November, 2016 at 17:00

The Philippine manufacturing sector sustained growth in October albeit at a slower pace, according to the latest reading of the Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI).

Investment pledges double to P186.5 B in H1

20 July, 2016 at 11:44

Investment pledges approved by the Board of Investments (BOI) more than doubled in the first half of the year as sustained investor confidence in the new government led to more power and transportation infrastructure projects.

[VIDEO] Effects of Slowing Global Economic Growth on PH

26 April, 2016 at 12:30

CNN Philippines interview AmCham Philippines Senior Adviser Mr. John D. Forbes on the effects of slowing global economic growth on the Philippines.

Philippines port congestion set to worsen

15 February, 2016 at 11:03

Traffic congestion around the Port of Manila in the Philippines has eased after the gridlock caused by a daytime ban on cargo container trucks imposed by city hall two years ago.

TPP’s implementation watched

9 February, 2016 at 16:35

The Trans-Pacific Partnership (TPP), one of the world’s biggest multinational trade deals, was signed by 12 member nations on Thursday in New Zealand, but the massive trade pact will still require years of tough negotiations before it becomes a reality.

Apec to sharpen next PH admin’s focus

24 November, 2015 at 09:00

THE PHILIPPINES’ hosting of the Asia-Pacific Economic Cooperation (Apec) is seen as a significant opportunity to showcase the issues that the country’s next president should focus on…

Epson to Construct New Printer and Projector Plant in...

9 November, 2015 at 15:52

Seiko Epson, one of the leading Japanese electronics company has pulled out its plans to invest in China.

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