KPMG R.G. Manabat & Co. (KPMG RGM&Co.), the Philippine member firm of KPMG International, recently launched the 2017 annual investment guide entitled Philippine Consumer Market Report.
In partnership with the Institute for Development and Econometric Analysis, Inc. (IDEA), the publication is an insightful collaboration among professionals with extensive industry experience and research expertise.
Philippine Consumer Market Report provides a concise overview of one of the fastest-growing consumption-driven economies in the world. Companies and businessmen who are interested to invest in the Philippine economy that is consumption-driven are treated with a report that covers four sub-themes: (1) economic fundamentals; (2) demographics and urbanization; (3) consumption spending and growth; (4) investment and business facilitation – with emphasis on opportunities in the consumer markets sector.
Economic fundamentals covers an overview of the Philippine economy, its growth drivers and trends, and its outlook and prospects. Demographics and urbanization discusses the economic repercussions of the country’s young and growing population, its demographic dividend or the increase in the number of working-age people, and rising urbanization.
Consumption spending and growth explores the links between consumption and economic growth, provides a profile of Filipino consumers and their behavior, and identifies key trends among both consumers and providers.
Investment and business facilitation focuses on investment considerations that will help the business sector to make the most out of the opportunities discussed in the previous topics.
The publication also discusses the recent developments in Value Added Tax. This section presents a comparison of tax rates across the ASEAN region and explains the tax reform that the Philippines needs.
“With the country’s increasing domestic consumption and Filipino consumer confidence among the highest in the Southeast Asian region, we believe that the consumer markets sector will be one of the prime growth stories in the Philippines in the next years. This report will surely help Philippine and foreign investors take advantage of the growth potential in the area of consumer markets,” said Emmanuel P. Bonoan, Vice Chairman and Chief Operating Officer of KPMG RGM&Co.
Hard copies of the guide are currently available at no cost (subject to availability) from KPMG R.G. Manabat & Co. or may be downloaded through the website at www.kpmg.com.ph. You may also contact Mariel Javier (firstname.lastname@example.org) or Cristina Loquinario (email@example.com) for copies of the investment guide.
For more information on KPMG in the Philippines, you may visit www.kpmg.com.ph.
Philippine Consumer Market Report
2017 Investment Guide by KPMG in the Philippines
For further information, please contact:
Cristina Roxas Loquinario
Markets Assistant Manager
KPMG R.G. Manabat & Co.
Telephone +63 (2) 885 7000 ext. 339