The Insurance Industry is one of the most regulated Industries in the country second to the Banking Industry, with both being in the financial services sector. However in the Philippines, the Insurance Industry’s main regulator, the Insurance Commission counts other Industries not related to Insurance under its regulatory ambit and this includes Health Maintenance Organizations, the Pre-Need Industry, The Mutual Benefit Associations and their respective ancillary industries.
Category: Knowledge Productivity
The objective of the study is to identify, validate and prioritize major regulatory inefficiencies, particularly in basic education and propose alternative solutions to maximize regulatory benefits and minimize regulatory costs to the public and private sectors
and society in general.
The study is national in scope. It focused mainly on domestic / industrial water supply (for households and industries) for both urban and peri-urban water supply and ground water.
In the Philippines, remittances from both domestic and international sources has continued to grow at a steady pace for the past few years and this trend is expected to last with sustained local and international migration.
The administration started its term with a clear focus on environmental issues facing the country. Given that climate change was a major issue, the mining industry was at the limelight due to the heavy damages that the industry purportedly caused. Mining audits closed or suspended a lot of the operating mines while the audits were being done, and contributed to the decline in contribution to the national economy.
Tourism was one of industries that was identified by the National Economic Development Authority as drivers of inclusive growth. Tourism has grown steadily from 2008 to 2018, from 3.14 million to 7.13 million, averaging 8% growth rate per year.
The study looks at why development in the RE Sector is not meeting its targets. The objectives of the study are to look at where and how Government Regulations are overlapping, duplicating and redundancies occur and to come up with recommendations to address these concerns.
Health regulation is one of the vital components of the Philippines health system. The health system is a broad umbrella term, which includes the formalized health care systems, which are formalized; legally regulated financing; and the provision of health (medical) services, inclusive of preventive, curative and palliative interventions provided by trained health personnel.
Here in the Philippines, the consumer goods and retail industry is fairly well-developed; as part of the overall services sector of the broad economy, this industry performs a vital function by ensuring customers or end-users have access to the goods or services they need.
Among other factors, a country’s economic growth is propelled by sustainable agriculture, business, industrial and manufacturing activities, and increased productivity of the services sector. In the recent past (2015-2017), the Philippines attained 6 to 7 percent annual growth rate as reported by its Central Bank; but being an oil-importing country from which power is mostly generated, its economic expansion fluctuated in 2018 due to oil price increases.