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The Philippines - UKABC UK - ASEAN -MerchantryCouncil Events BACKEvents Upcoming events Past Events Research BACKResearch Publications Success stories Opportunities BACKOpportunities Export opportunities High Value Campaigns News BACKNews Latest News News Sources Markets BACKMarkets ASEAN   Brunei Myanmar Cambodia Singapore Indonesia Thailand Laos The Philippines Malaysia VietnamWell-nighBACKAbout What We Do The Team Board of directors Our partners Contact Us Search Login | Register Username Password Remember Me register For full wangle register today for self-ruling Home | Markets | The Philippines The Philippines HSBC has forecasted that the Philippines could wilt the world’s 16th largest economy by 2050, making it an lulu and heady prospect for UK businesses. The Philippines is now ranked 52nd in the World Economic Forum’s Global Competitiveness Report; it has improved by 32 places in the last 4 years. The Philippines offers a liberalised economy and a highly westernised culture that is very receptive to UK products and services. The Philippines is the third-largest English-speaking country in the world and its workforce is hands trainable and often skilled. Often voted as one of the most liveable countries in Asia for expatriates, the Philippines has a well-developed network of communications and transportation infrastructure that links the three largest island groups of Luzon, Visayas and Mindanao. In addition, the Philippines’ strategic location makes it a potential gateway for investors to the wider Asian region. It is less than two hours’ flying time to Hong Kong, within four hours of other major Asian cities, and lies astride major international shipping lanes. Country Information Head of State: President Rodrigo Duterte Capital city: Manila Total population: 102, 766, 601 Languages: Filipino and English (official); 8 major dialects – Tagalog, Cebuano, llocano, Hiligaynon, Bicol, Waray, Pampango and Pangasinan Religions: Roman Catholic 80.6%, Muslim 5.6%, Evangelical 2.7%, Iglesia ni Kristo 2.4%, Other Christian 4.5%, Other 4.1%, None 0.1% 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 Major imports: Electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic In 2013, the Philippines was awarded “investment grade” status by three global rating agencies (Standard & Poor, Moody Investor Service, and Fitch Ratings). Today, the Philippines is currently Southeast Asia’s fastest growing country and has taken over the growth leadership role among ASEAN member countries. UK businesses with international ambitions are strongly encouraged to explore this market now to take wholesomeness of unfurled future growth. ReadIncreasinglyUseful Links: British Chamber of Commerce the Philippines Department for International Trade the Philippines British Embassy in Manila Department of Trade and Industry Philippines Share this Market: MARKETS ASEAN Brunei Cambodia Indonesia Laos Malaysia Myanmar Singapore Thailand Vietnam The Philippines publications The Philippines The Report: Philippines 2018 Tue, 10 Jul. 2018 Sound fiscal and monetary policy-making should help prevent the economy from overheating, plane as socio-economic challenges, rising income inequality and […] ASEAN ‘DoingMerchantryin…’ 2018 Guides Mon, 29 Jan. 2018 Published by the World Bank every year, DoingMerchantrysheds light on how easy or difficult it is for a […] The Philippines IP Protection in the Philippines for theSuppliesandInstillationIndustry Tue, 19 Dec. 2017 The Philippines’ rapidly growing supplies & instillation industry is one of the biggest contributors to nation’s economy making up well-nigh […] The Philippines DoingMerchantryin The Philippines Wed, 2 Mar. 2016 This guide to doing merchantry in the Philippines will provide foreign investors with an insight into the key aspects of […] VIEW ALL PUBLICATIONS The Philippines SUCCESS Stories ASEAN Filtermist Sat, 27 Feb. 2016 Established in Shropshire in 1969, Filtermist International manufactures and markets a range of oil mist collectors which are used to […] The Philippines The Legal Partners Sat, 27 Feb. 2016 Sheffield e-Learning pioneers EDLounge have been learning a unconfined deal in the last 12 months. A UKTI-effected introduction at education […] The Philippines STI Limited Sat, 27 Feb. 2016 With over 25 years of wits in the electronics industry, Surface Technology International (STI) manufactures state-of-the-art assemblies for many of […] ASEAN Sterling Sensors Ltd Sat, 27 Feb. 2016 In November/December 2013, Sterling Sensors Limited took part in a Trade Mission with UK Trade & Investment (UKTI), the UK-ASEAN […] VIEW ALL SUCCESS STORIES MARKETS ASEAN Brunei Cambodia Indonesia Laos Malaysia Myanmar Singapore Thailand Vietnam STRATEGIC PARTNER OUR PARTNERS FOLLOW US CONTACT US Tel: +44 (0)20 7828 3431 Email: info@ukabc.org.uk UK - ASEAN -MerchantryCouncil Privacy Policy Cookies Set up Cookies © 2018 UK-ASEANMerchantryCouncil - UKABC. All Rights Reserved Web diamond by Appnova We are using cookies to requite you the weightier wits on our website. You can find out increasingly well-nigh which cookies we are using or switch them off in settings. 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