We opened our eighth Southeast Asian office in Manila, Philippines, in January 2014. Under the leadership and governance of the current administration, the Philippine economy has been performing well. The World Bank described the Philippines as the next “Asian miracle”; HSBC estimates it to be the 16th largest economy in the world by 2050; and the country’s growth rate is projected to be one of the highest in ASEAN in the next few years. We identify key opportunities in the infrastructure and consumer sectors in the Philippines and share insights on doing business in the country.

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INTERNATIONAL ENTERPRISE SINGAPORE

The Philippines:

A New Awakening

Vol. 19_Nov 2014

IE Insights

By LIU Huimin, LAM Yin Yin

Southeast Asia Group

enquiry@iesingapore.gov.sg

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