Economy

In its annual report released in March 2012, Standard & Poor’s (S&P) noted that although it is a mixed picture for Asia-Pacific sovereigns for the next 12-18 months, countries in the region face global and domestic rises from a relatively strong position. For the Philippines this is especially true as the government has shown progress in...

Country competitiveness has become a central theme for both developed and developing nations. We are in the midst of an increasingly open and integrated world economy where countries compete for the investment and human capital that are critical to economic growth.

Despite the effects of some negative developments in the economies of the US and the eurozone, business in the Philippines has continued to remain relatively brisk. Foreign investors have taken heart from President Benigno Aquino III’s promotion of transparency as well as the administration’s efforts to root out corruption and create a level playing...

Lying south of Taiwan and east of Vietnam, the Republic of the Philippines is an archipelago of over 7000 islands. The country’s geography and complex history has given rise to a diversity of cultures and languages across the country’s 1000 inhabited islands.