Philippines

2014 Trade and Investment Profile


The Philippines is among the fastest-growing economies in Southeast Asia, with upgrades to sovereign investment ratings confirming improvements in the country’s macroeconomic fundamentals. The Government has defined its development objectives as driving rapid but inclusive economic growth, accelerating employment on a massive scale, and reducing poverty.

The economy has weathered global economic and financial downturns better than its regional peers due to minimal exposure to troubled international securities, lower dependence on exports, relatively resilient domestic consumption, large remittances from four- to five-million overseas Filipino workers, and a rapidly expanding business process outsourcing industry.

Long term challenges include reforming governance and the judicial system, building infrastructure, improving regulatory predictability, and the ease of doing business, attracting higher levels of local and foreign investments.

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Disclaimer: The information and materials contained in this document have been prepared for information purposes only and are general in nature. The information contained in this document is based on material compiled from data considered to be reliable at the time of publication. However information and opinions expressed in this document should not be construed as final consideration for any business and investment decision making. Sarmat Research Partners Pty Ltd cannot be held responsible for any losses whether direct or indirect as a result of using this information.


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