Doing Business in the Philippines

Subject (Course): International Trade and Business in the Philippines - Manila. Syllabus:

1. Introduction to the Republic of the Philippines (South-east Asia ASEAN).
2. Doing Business in Manila.
3. Philippine Economy.
4. Philippine International Trade.
5. Foreign Direct Investment (FDI) in the Philippines.
6. Business Opportunities in the Philippines:
   - Electronics
   - Software development
   - Business Process Outsourcing
   - Cement
   - Renewable energy
7. Case Study.
   - San Miguel Corporation.
   - SM Group
8. Introduction to the Tagalog language
9. Access to the Philippine market
10. Business Plan for the Philippines

Objectives of the subject “Doing Business in the Republic of the Philippines”:

1. To analyse the Philippine economy and foreign trade
2. To evaluate business opportunities in the Republic of the Philippines
3. To explore the Philippines' trade relations with the student's country
4. To know Philippines' Free Trade Agreements (FTAs)
5. To examine the profile of Philippine companies
6. To develop a business plan for the Philippine market

Sample of the subject - Doing Business in the Philippines:

Subject Description: Foreign Trade and Business in the Philippines.

The Republic of the Philippines:

1. Capital: Manila
2. The largest City: Quezon City
3. Philippine official languages: Filipino (Tagalog) and English
4. In the Philippines, they are nineteen recognised regional languages. Spanish and Arabic are also used.
5. Area: 300,000 square kilometres
6. Philippine Population: 102 millions of people
7. The main Philippine ethnic groups: Visayan (34%), Tagalog (28%), Ilocano (10%), and Bicolano (7%)
8. Type of Government: Unitary Presidential Constitutional Republic
9. Independence: 1898 (from Spain), 1946 (from the United States)

The main religion in the Philippines: Christianity (Catholicism: 75 million) and Islam (10%).

Philippine Economy.

The Republic of the Philippines is one of the fastest economies in South-east Asia.

1. 39th largest economy in the World
2. Philippine GDP: 289.686 billion dollars
3. The Philippines is a newly industrialised country and one of the Next Eleven economies
4. Philippine agricultural sector: 14% of GDP and 32% of the labour force
5. Industry: 30% of GDP and 14% of the workforce
6. Services sector: 56% of GDP and the 47% of workers
7. The Republic of the Philippines is an excellent platform for international business.
8. The Philippines is strategically located in the middle of two important international trade routes: the Pacific Ocean and the South China Sea.
9. The Philippines is one of the top ten producers gold in the World.
10. Key emerging sectors of the Philippine economy: electronics, business process outsourcing, and software development
11. Philippine Currency: Peso (PHP)
12. Unemployment rate: 6%

Foreign Trade of the Philippines.

1. The Philippines is the biggest copper exporter in South-east Asia
2. Top trading partners of the Philippines are the United States, Japan, China, Singapore, South Korea, the Netherlands, and Hong Kong
3. Top exports products: semiconductors, electronic products, transport equipment, garments, copper products, and petroleum
4. Philippine company “Madagascar International Container Terminal Services” manages the Toamasina Autonomous Port
5. Foreign direct investments. Foreign investors are allowed to invest 100% equity in companies occupied in nearly all types of business activities.

The Philippines's Trade Agreements and Market Access

1. Association of South-East Asian Nations (ASEAN)
2. ASEAN Free Trade Area (AFTA)
3. East ASEAN Growth Area (BIMP-EAGA)
4. ASEAN-Australia-New Zealand (Free Trade Area)
5. Japan-Philippines Economic Partnership Agreement
6. Asia-Pacific Economic Cooperation (APEC)

The Philippines is a member of:

1. Economic Social Commission Asia-Pacific (ESCAP)
2. Asian Development Bank

Introduction to Tagalog language: