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Board of Investments Resources


Opportunities


The Philippines offers a wide range of business opportunities. These opportunities are highlighted in the Investment Priorities Plan (IPP). The IPP lists the priority economic activities

 

The Philippines: At a Glance


OFFICIAL NAME REPUBLIC OF THE PHILIPPINES
AREA 300,000 sq km (115, 830 sq miles) spread over 7,101 islands
POPULATION 92.23 million (2009 census estimate)
CAPITAL Metropolitan Manila
LOCAL TIME GMT + 8 hours
PEOPLE Filipinos are predominantly of Malay descent, although many have mixed ancestry such as Chinese and Spanish
LANGUAGES Pilipino (derivative of Tagalog) and English are official languages, including some 150 more native languages, vernaculars, and dialects
PREVAILING RELIGIONS Roman Catholic (83%), Protestant Denominations (8%), Muslim (4.6%), Iglesia ni Cristo (2.3%)
ESTIMATED AVERAGE LIFE EXPECTANCY 70 years for men and 74 years for women (UN, 2008)
MONETARY UNIT Philippine peso (with multi-currency acceptance for local transactions)
GOVERNMENT Presidential (executive) with Bicameral Congress and Independent Judiciary
HEAD OF STATE AND HEAD OF GOVERNMENT President (also Commander-in-Chief of Armed Forces)
MEMBERSHIP OF INTERNATIONAL GROUPINGS/ ORGANIZATIONS United Nations (UN), Association of Southeast Asian Nations (ASEAN), Asia-Pacific Economic Cooperation (APEC), Asian Development Bank (ADB), World Trade Organization (WTO), World Bank (WB), International Monetary Fund (IMF), International Atomic Energy Agency (IAEA), International Labor Organization (ILO), Inter- Parliamentary Union (IPU), with evolving diplomatic and economic engagements
GDP PER CAPITA (AT PPP) US$ 3,300 (CIA Fact Book 2009)

Other Related Links

List of Industry Profiles in the Philippines

Value Propositions

The Cost of Doing Business in the Philippines