myanmarEconomic growth though easing, averaged at 3.7% in 2011 and is targeted to reach 6.5% by the end of 2012. Growth has been constrained by lower exports, due to supply disruptions emanating from Japan’s earthquake in 2011, as well as some cutbacks in government expenditure. However, near term growth prospects are considered favourable, with the balance of payments remaining in surplus. The Philippines is made up of over 7,000 islands but the majority of people live on just 11 of them. Its islands make it the country with the fifth longest coastline in the world. It is bordered by the Philippine Sea to the east, the South China Sea to the west and the Celebes Sea to the south. The island of Borneo is located a few hundred kilometres southwest.

Most of the mountainous islands are covered in tropical rainforest and are volcanic in origin. The highest mountain is Mount Apo, which measures up to 2,954 metres above sea level and is located on the island of Mindanao. To the east of the Philippines on the ocean floor lies the Philippine Trench, where the Galathea Depth is the third deepest place on earth.

The longest river is the Cagayan in Northern Luzon. Manila Bay, upon the shore of which the capital city of Manila lies, is connected to Laguna de Bay, the largest lake in the Philippines, by the Pasig River.

The Philippines contains some of the world’s most amazing scenery, including the beaches of Boracay, Panglao and Pagudpad, as well as historical sites such as Intramuros, Cebu City, Corregidor and Bataain. The main religion in the Philippines is Christian Malay, with over 80% of Filipinos practicing Catholicism. Family values are at the heart of the Filipino family. It is recognised and accepted that family members often work for the same company. There is a strong sense of social propriety to conform to societal norms of behaviour. The Philippines are a founder member of ASEAN.

  • Joined ASEAN: 8 August 1967 (Founder Member)
  • Head of State: President Benigno S. Aquino III
  • Area: 300,000 square kilometres
  • Border countries: None
  • Coastline: 36,289 kilometres
  • Capital city: Manila
  • Total population: 103,775,002
  • Population of capital: 11,449,000
  • Climate: Tropical marine. Northeast monsoon from November to April and southwest monsoon May to October
  • Languages: Filipino, English
  • Religions: Roman Catholic 80.9%, Muslim 5%, Evangelical 2.8%, Iglesia ni Kristo 2.3%, Aglipayan 2%, other Christian 4.5%,other 1.8%, none 0.1%
  • Ethnic groups: Tagalog 28.1%, Cebuano 13.1%, Ilocano 9%, Bisaya/Binisaya 7.6%, Hiligaynon Ilonggo 7.5%, Bikol 6%, Waray 3.4%, other 25.3%
  • Monetary unit: Peso (PHP)
  • Natural resources: Petroleum, gold, silver copper, nickel, cobalt, timber, salt
  • Major exports: Semi-conductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits
  • Main export trading countries: China 21.3%, Japan 14.1%, US 13.9%, Singapore 8.9%, Hong Kong 7.5%, South Korea 4.1%
  • Major imports: Electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic
  • Main import trading countries: China 14.6%, Japan 12.3%, US 9.4%, South Korea 8.4%, Singapore 8%, Thailand 5.6%, Indonesia 4.1%
  • Internet domain: .ph
  • International dialling code: +63
  • Sources: CIA World Factbook, ASEAN, IMF,,

Why Philippines

Competitive Workforce

Filipino workforce is one of the most compelling advantages that Philippines has over any other Asian country. With priority on higher education placed in the country, the literacy rate in Philippines is 94.6%, among the highest in the world. English is taught in all schools, making the Philippines the world’s third largest English-speaking country. Each year, there are around 350,000 graduates enrich the professional pool.

Liberal Program to Attract Foreign Investment

The government has come up with a liberal program of fiscal and non-fiscal incentives to attract foreign capital and technology that complement local resources. Different incentives schemes are available relative to the location and registration of the proposed business activity.

The National Economic Research and Business Action Center (NERBAC)

The National Economic Research and Business Action Center (NERBAC), which is the Board of Investment’s (BOI) frontline unit, assists investors in doing business in the Philippines under one roof. It houses representatives from different government agencies who answer investors’ inquiries and the process of investors’ business registration.

Business Friendly Environment

Government corporations are being privatized, and the banking, insurance, shipping, telecommunications and power industries have been deregulated. Companies in the Special Economic Zones are subject to only 5% overall tax rates. Multinationals looking for regional headquarters are entitled to incentives such as tax exemptions and tax and duty-free importation of specific equipment and materials.

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Source : Philippine Board of Investments(BOI)

Doing Business in Philippines

  • Country Backgrounddownload
  • Selected Economic Indicators and Other Statistics download
  • Operational Costs download
  • Transportation Costsdownload
  • Telecommunication Costs download
  • Investment Regulation and Proceduresdownload
  • Taxationdownload
  • Expatriate Living Costsdownload
  • Employment Regulationdownload
  • List of Useful Informationdownload
  • Other Useful Addresses download
  • List of Useful Web Site download
  • Public National Holidays download
  • Total Materialdownload
  • Guide Bookdownload
Source : ASEAN Secretariat


  • Capital : Manila
  • National Population : 74 million
  • Language : Filipino

The Philippines is a bejeweled archipelago with over 7,107 sun-drenched islands, beautiful beaches, towering volcanic peaks, varied flora and fauna, and magnificent landscapes. It is divided into three (3) geographical areas: Luzon, Visayas and Mindanao. The country has several famous historical and cultural sites and buildings that reflect the rich culture and heritage of Philippino people.

The capital and gateway, Manila, a large sprawling city by the bay, is situated in Luzon, the major northern island. Tourist Attractions in Manila include the old fort city of Intramuros, the Malacanang Palace, the official residence of the president of the Republic, Rizal Park, Cultural Center of the Philippines, Nayong Pilipino, modern shopping malls and exuberant entertainment theatre, bars and restaurants.

Other attractions in Luzon include Taal Volcano, Purto Galera in Mindoro, Pagsanjan Falls, El Nido in Palawan, Vigan Houses, Mayon Volcano, Subic Bay and Freeport, the famous Ifugao Rice Terraces, a World Heritage Site, limestone burial caves of sagada in Mountain Province, and the cool mountain retreat of Baguio City.

Bagan, one of Asia’s is most stunning archaeological sites is located on the eastern bank of River Ayeyarwaddy. Also being the capital of first Myanmar Empire, Bagan covers an area of 42 sq. km, containing over 2000 well preserved pagodas and temples of the 11th-13th centuries and lacquerware from Bagan is keenly sought after.

Bagan, one of Asia’s is most stunning archaeological sites is located on the eastern bank of River Ayeyarwaddy. Also being the capital of first Myanmar Empire, Bagan covers an area of 42 sq. km, containing over 2000 well preserved pagodas and temples of the 11th-13th centuries and lacquerware from Bagan is keenly sought after.

Some of the most beautiful beaches and resorts, and diving sites in the ASEAN region can be found in the Visayan Region especially those found in Boracay, Bohoi, Mactan Island and Cebu. Mindanao, offers ecotourism attractions and exotic wilderness, such as, dense forest, mangrove swamps, high mountains and low valleys, swift flowing rivers, smooth lakes, waterfalls, lowlands and marshlands. The Gardens of Masalag Eco-tourism Village showcases the ecology and ethnic culture of Northern Mindanao – its tribe, customs and other facets of its unique heritage. Mt. Apo, a dormant volcano and the highest peak in the country is the home of Philippine Eagle, the largest in the world of its kind. Some of the country’s rare birds such as flycatchers, fary bluebirds, sunbirds, and rocket-tailed parrots are also found in the region. Other attractions also include Samal Island, Mt. Hibok-hibok in Camiguin island, Zamboaga city and Siargao island, a diver’s paradise.

One can also enjoy the enthusiastic festivals of the country, such as, the Higantes in Rizal, Pahiyas in Quezon Province, Paradang Rechon in Batangas, Moriones fetival in Marinduque, Sinulog festival in Cebu, Dinagyang festival in Iloilo, Ati-Atihan festival in Kalibo, Maskarra festival in Bacolod city, Negros Occidental, and the Lanzones festival in Camiguin.

Filipinos are warm and friendly, and talented and gifted in singing and dancing. They are also known for their mouthwater-ing native foods and delicacies. The blending of Chinese and Spanish food delicacies with local flavours, and with abun-dance of fish and cruestaceans from surounding sea makes Filipino cuisine a unique dining experience.

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