Philippines

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Chapter | Country Profile from The Report: The Philippines 2016

The Philippines’ abundant biodiversity, natural resources and youthful demographics are all assets that have garnered recognition from investors in recent years. Sustained economic growth and the Philippines’ newly attained investment grade status notwithstanding, the maintenance of peace in the Mindanao region and persistent poverty levels remain key areas to address as the country continues...

A series of reforms initiated by the administration of President Benigno Aquino III in the last few years have boosted spending on infrastructure and opened key industries to outside investors. The reforms prompted a series of upgrades to the Philippines’ credit ratings and echo initiatives taken in the region as it embarks on greater integration through the ASEAN Economic Community.

Articles & Analysis | Rest easy: from The Report: The Philippines 2016

 

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SOCIETY & ETIQUETTE: For those accustomed to doing business in the US or other Western markets, Philippine business customs will appear familiar. Handshakes are standard for both men and women in formal and informal occasions, while the exchange of business cards is fairly informal. However, if...

Halal tourism looks set to become a key component of wider sector growth in the Philippines, as the government moves to support the segment’s development through a major investment drive.

Increased product awareness and sustained economic expansion are fuelling double-digit growth in the Philippines’ insurance sector, as the emergence of micro-insurance products helps boost penetration rates and premiums. 

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