1 / 18

UPDATE ON THE ECONOMY AND Business Opportunities in the Philippines

UPDATE ON THE ECONOMY AND Business Opportunities in the Philippines. Stable and Resilient Economic Growth. GDP (2013) 7.2%. GDP (2012) 6.8%. Headline Inflation (2013) 3.0%. Headline Inflation (2012) 3.2%.

norah
Download Presentation

UPDATE ON THE ECONOMY AND Business Opportunities in the Philippines

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. UPDATE ON THE ECONOMY AND Business Opportunities in the Philippines

  2. Stable and Resilient Economic Growth GDP (2013) 7.2% GDP (2012) 6.8% Headline Inflation (2013) 3.0% Headline Inflation (2012) 3.2% Source: National Statistical Coordination Board & National Statistics Office

  3. Continuous Inflow of OFW Remittances

  4. Service Exports: Merchandise Exports: 2012: US$51.99 Billion 2013: US$54 Billion (3.6% higher than 2012) Steady Export Growth 2012: US$20.4 Billion 2013:US$21.8 Billion (anchored on BPM sector that generated revenues of US$15.5 Billion and direct employment of 900,000) The Gross International Reserves reached US$83.1 Billion in 2013

  5. Steady Investment Flows TOTAL BOI & PEZA APPROVED INVESTMENTS (in PhP Billion) 10.4% US$ 17.48B US$ 15.92B US$ 15.17B US$ 6.69B US$ 6.31B US$ 5.05B Total Investments Foreign Investments

  6. Improving Global Competitiveness Ranking

  7. Credit Ratings Standard & Poor’s INVESTMENT GRADE FROM TO BBB- Outlook: Stable Fitch Ratings BB+ BBB Outlook: Stable BB- Baa3 Outlook: Positive Moody’s Ba1

  8. Strengthened Governance and Anti-Corruption Measures

  9. I. Preferred Activities Investment Priorities Plan 2013 II. Export Activities • Regular List: • Agriculture/ Agri-business and Fishery • Creative Industries/Knowledge-Based Services • Shipbuilding • Mass Housing • Iron and Steel • Energy • Infrastructure • Research and Development • Green Projects • Motor Vehicles • Strategic Projects • Hospital /Medical Services • Disaster Prevention, Mitigation and Recovery Projects • Manufacture of export products • Services exports • Activities in support of exporters III. Mandatory List IV. ARMM List

  10. The Philippine Advantage

  11. The Philippine Advantage

  12. Economic Zones Roads Railways Robust Infrastructure • 66 Manufacturing EcoZones • 197 IT Parks and Centers • 17 Agro-Industrial EcoZones • 18 Tourism EcoZones • 2 Medical Tourism Zones • 3 connecting railways, which span across the Metro • 12 roll-on/ roll-off ports • Subic-Clark-Tarlac Expressway (SCTEX), • North Luzon Expressway (NLEX), • STAR Tollway and Cavite Expressway Airports • 9 international • 20 domestic 12

  13. Strategic Business Location The country’s location is a critical entry point to over 500 million people in the ASEAN Market and a natural gateway to the East- Asian economies. • The country is likewise placed at the crossroads of international shipping and airlines. • Within Asia, the Philippines is reachable within 3 to 4 hours by plane.

  14. First Class Lifestyle

  15. The Philippine Advantage Attractive Investment Incentives:

  16. Rich Talent Pool • We produce over 530,000 college graduates per year across a wide range of disciplines. • Our Professionals are : • Highly Educated and English Proficient • Strongly Customer Service Oriented • Highly Trainable with Fast Learning Curve • Adaptable to Universal Cultures • High Level of Commitment and Loyalty

  17. For further information, please contact: Emmanuel AngCommercial Consul for Australia and New Zealand Philippine Trade and Investment Center (PTIC) in SydneyPhilippine Department of Trade and Industry Suite 302, Level 3, 301 George St., Sydney, NSW 2000 Australia Phone No.: +61.2.9299 0002 Fax No.: +61.2.92990007 Email: dtisydney@bigpond.com; sydney@dti.gov.ph Website: http://investphilippines.gov.ph/category/sydney

More Related