Friday, Jun 23, 2017
PHILIPPINES NEWS

Reaching the unbanked

Inclusive banking for inclusive growth


Credit: Rowena Harbridge/AusAID

With a new president at the helm, LANDBANK will support President Rodrigo Duterte’s efforts to ensure inclusive economic growth in the Philippines,... Jun 23, 2017

Finance | Asia-Pacific | Philippines


The Philippines’ infrastructure program

‘The golden age of infrastructure’


Japan will invest in the Metro Manila Subway System (Credit: Dept of Transportation, The Philippines)

President Rodrigo Duterte is implementing an ambitious $160 billion infrastructure plan, for which he can count on the support of Japanese investment,... Jun 22, 2017

Infrastructure | Asia-Pacific | Philippines


Tapping the Philippine Market

Japan Inc. sees PH among most promising investment destinations




Japan’s diminishing domestic market, a result of its aging and shrinking population, has compelled Japanese companies to search overseas for new... Jun 21, 2017

Industry & Trade | Asia-Pacific | Philippines


Gateway to ASEAN

Philippines set to become Japan’s prime partner in ASEAN


Philippines President Rodrigo Duterte and Japanese Prime Minister Shinzo Abe meet on the sidelines of the 2016 ASEAN Summit in Laos (Credit: Presidential Communications Operations Office, the Philippines)

As Japan looks to strengthen its foothold in the ASEAN region, it sees the Philippines as its key partner in, and ideal gateway to, this growing market.... Jun 20, 2017

Government | Asia-Pacific | Philippines


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


‘The strength of the Philippines is really in its people’

Mr. Peter Angelo V. Perfecto
Executive Director Makati Business Club

Peter Angelo V. Perfecto is Executive Director of the Makati Business Club, an organization... Jun 22, 2017


Leaving a lasting legacy

Secretary Carlos Dominguez III
Secretary of Finance Department of Finance

The Philippines’ Secretary of Finance Carlos Dominguez III sits down with The Worldfolio... Jun 21, 2017


The ASEAN’s gaming hub

Ms. Andrea D. Domingo
Chairman and CEO PAGCOR

The Philippine Amusement and Gaming Corporation (PAGCOR) is the regulator of the Philippines... Jun 20, 2017


Opening up the economy to foreign investment

Mr. Benjamin Diokno
Secretary of the Department Budget and Management

Mr. Benjamin Diokno, Secretary of the Department of Budget and Management of the Philippines,... May 29, 2017


Building foundations for sustainable development

Ernesto M. Pernia
Secretary of Socioeconomic Planning of the National Economic and Development Authority (NEDA).

In this interview with The Worldfolio, Mr. Ernesto M. Pernia (PhD), Secretary of Socioeconomic... May 24, 2017


Philippines a country that is really open for business

Mr Hans Sicat
Former President of the Philippine Stock Exchange

In this interview with The Worldfolio, Hans Sicat, former President of the Philippine Stock... May 22, 2017


Driving innovation to become a global player

Arthur Tan
CEO of Integrated Micro-Electronics, Inc.

Integrated Micro-Electronics, Inc., also known as IMI, is one of the leading global providers... May 19, 2017


A three-point plan for ICT

Secretary Rodolfo A. Salalima
Department of ICT of the Republic of The Philippines

Secretary Rodolfo A. Salalima of the Department of ICT says the government has three priority... Apr 17, 2017


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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