investing in the Philippines

The Philippine government is now coming up with a new challenge. There are ideal conditions for investing in the Philippines.

– the Philippines is experiencing one of the biggest economic growth rates in Asia (around 7% GDP growth since 2012)

– it is a part of the rapidly developing economic association ASEAN which has a total population of 650 million

– favourable laws for investment (a new tax law has been passed), other advantages are high foreign exchange reserves and significant infrastructure development

– the locals are very hospitable, most of them speak English in addition to Filipino and are willing to learn new languages

Five key sectors that are currently ideal for investment – aerospace, automotive, copper mining and processing, information technology and process management, electronics.