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Philippines Business

Exciting Philippines business opportunities exist within this newly industrialized nation of Southeast Asia. Once an agricultural based economy, Philippines has transitioned to one based more on services and manufacturing. Today, primary exports not only include items like coconut oil, fruit, petroleum, minerals and textiles, but that of a growing outsourcing industry based on the processing and assembly of transport equipment, electronics, semiconductors and other high-tech components. Other important sources of foreign currency include tourism and remittances from Filipino nationals working abroad.

Philippines flag
  • population (2011): 101,833,938
  • population growth rate: 1.903%
  • median age: 22.9 years
  • official languages: Filipino, English
  • area: 300,000 km² (115,831 miles²)
  • GDP (PPP) per capita (2010): $3,500
  • Doing Business 2017 rank: 99
  • Philippines is home to many major car
  • and motorcycle manufacturers
  • on Goldman Sachs list of Next Eleven
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Philippines Info


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