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PHILIPPINES NEWS

Asian stock exchanges

Leading the race among top-performing exchanges


Headquarters of the Philippine Stock Exchange in Manila

In 2015, small, open economies such as the Philippines and Thailand will need to spend less on costly imports of oil and gas. At these equity markets,... Apr 06, 2015

Finance | Asia-Pacific | Philippines


APEC 2015 host targets expansion across the board


According to the Central Bank FDI inflows in the first half of 2014 reached $3.57 billion, 76.9% higher than the $2.01 billion posted in the same period last year, creating an impressive outlook

The Philippines will host the 2015 APEC Summit and showcase both the public and private sector’s long-term commitment to its theme of inclusive growth Nov 12, 2014

Industry & Trade | Asia-Pacific | Philippines


Skills in demand


“we are trying to channel [the diaspora’s] remittances into investment and business“ Imelda M. Nicolas, Chairperson of the Commission on Filipinos Overseas (CFO)

Prominent Filipinas and business leaders are helping to promote the role of women, and in particular those working overseas, in building the economy back... Nov 12, 2014

Others | Asia-Pacific | Philippines


Infrastructure and real estate in huge demand


Brother Eduardo V. Manalo, Executive Minister of the Iglesia Ni Cristo

The Philippines is seeing a fast rollout of major infrastructure projects as the sector seeks at least $20bn annually to grow Nov 11, 2014

Infrastructure | Asia-Pacific | Philippines


A whirlwind recovery


The immense destruction caused by one of the most powerful tropical storms on record affected some 16 million Filipinos and prompted a massive international aid effort to help the nation recover

The devastation caused by last year’s super typhoon Haiyan was met by an extraordinary public-private response Nov 11, 2014

Others | Asia-Pacific | Philippines


Unprecedented support pushes tourism to the fore


El Nido, Palawan, is protected for its natural splendor and extraordinary ecosystem

The Department of Tourism’s latest campaign declares 2015 as ‘Visit The Philippines Year’ and invites domestic and foreign tourists to experience... Oct 15, 2014

Tourism & Culture | Asia-Pacific | Philippines


PHILIPPINES: Toward a trillion-dollar economy


In April 2014, U.S. President Barack Obama made a historic visit to Manila, the first by a U.S. head of state in more than a decade, during which he signed the Enhanced Defense Cooperation Agreement with Philippine President Benigno Aquino III

One of Asia’s best economic performers, the Philippines is on its way to becoming a trillion-dollar economy by 2030 due to a revitalized private sector,... Oct 15, 2014

Industry & Trade | Asia-Pacific | Philippines


Tackling inequality next step for Asia’s most resilient nation


Arsenio Balisacan, Secretary of the National Economic and Development Authority

The Philippines has overcome external shocks and internal disasters to maintain impressive economic growth over the last few years. The next step now for... Aug 06, 2014

Government | Asia-Pacific | Philippines


Senator Villar: From big banks down to grassroots agriculture


Senator of the Philippines and Co-Founder of the Villar Foundation, Cynthia Villar

One month after the Philippines saw the passing of a landmark law to liberalize its banking sector, Senator Cynthia Villar believes that more focus is... Jul 28, 2014

Government | Asia-Pacific | Philippines


Navigating through the proper channels


Ambassador of the Philippines to the U.S. Jose L. Cuisia, Jr.

The Philippines has decided to take China to a UN arbitral tribunal to resolve a territorial dispute in the South China Sea, a move that many countries... Jun 11, 2013

Government | Asia-Pacific | Philippines


Rise and shine with the Philippines


President Benigno Aquino III has traveled to Washington twice (in September 2011 and in July 2012) to meet with President Obama and other world leaders

Economic growth is strong, social programs successful, and transparency improved. The Philippines is becoming more than just a picture-perfect vacation... Jun 11, 2013

Government | Asia-Pacific | Philippines


Two investment grades secured


Amando Tetangco Jr., Governor of the Central Bank (BSP)

A new era for business and investment in the Philippines has arrived, thanks to Fitch Ratings and S&P having lifted the country’s credit rating to investment... Jun 11, 2013

Finance | Asia-Pacific | Philippines


OFW support

Cynthia Villar
Senator and Co-founder of the Villar Foundation

One of the nation’s most prominent Fililpinas, Senator Cynthia Villar is behind one... Nov 12, 2014


Much achieved in the Philippines finance sector

Mr. Gil S. Beltran
Undersecretary and Chief Economics in the Department of Finance of the Philippines

The United World team interviewed Mr. Gil S. Beltran, Undersecretary and Chief Economics in... Aug 04, 2014


Concepcion-Carrier, adapting international standards to local tastes

Raul Joseph Concepcion
CEO of Concepcion-Carrier Air Conditioning Company (CCAC)

As Concepcion-Carrier celebrates its 50th anniversary, CEO Raul Joseph Concepcion speaks about... Dec 11, 2012


People putting DMCI at the forefront of business

David Consunji
DMCI chairman

DMCI chairman Mr. David Consunji attributes its hard-working employees as reasons for its success... Oct 09, 2012


Froilan A. Tampinco, President of National Power Corporation (Napocor)

Froilan A. Tampinco
President of National Power Corporation (Napocor)

Highlighting the immense potential of Philippines' power generation to investors Dec 09, 2011


Mr. Emilio S. De Quiros Jr, President and CEO of Social Security System

Mr. Emilio S. De Quiros Jr
President and CEO of Social Security System

Universal News discusses the Philippines’ economy in general, and insurance sector in... Dec 09, 2011


Over the past 40 years, the Philippines have enjoyed stable growth, with an increasing demand for the manufacturing of electronics for export.

Mr. Sergio Ortiz
Chairman of The Philippines Chamber of Commerce & Industry

It is also home to the 2nd largest BPO (Business Process Outsourcing) base in the world.... Aug 08, 2011



LOCATION:

Southeastern Asia, archipelago between the Philippine Sea and the South China Sea, east of Vietnam



CAPITAL:

Manila



AREA:

total: 300,000 sq km

country comparison to the world: 72

land: 298,170 sq km

water: 1,830 sq km



POPULATION:

101,833,938 update paises set descripcion = July 2011 est.)



GOVERNMENT TYPE:

republic



GDP - composition by sector:

agriculture: 13.9%

industry: 31.3%

services: 54.8% update paises set descripcion = 2010 est.)



EXPORTS:

$50.72 billion update paises set descripcion = 2010 est.)

country comparison to the world: 53

$37.6 billion update paises set descripcion = 2009 est.)



EXPORTS commodities:

semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits



IMPORTS:

$59.9 billion update paises set descripcion = 2010 est.)

country comparison to the world: 42

$46.39 billion update paises set descripcion = 2009 est.)



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