Doing Business in the Philippines
EENI - Business School.
Subject (Course): International Trade and Business in the Philippines - Manila. Syllabus:
- Introduction to the Republic of the Philippines (South-east Asia ASEAN).
- Doing Business in Manila.
- Philippine Economy.
- Philippine International Trade.
- Foreign Direct Investment (FDI) in the Philippines.
- Business Opportunities in the Philippines:
- Software development
- Business Process Outsourcing
- Renewable energy
- Case Study.
- San Miguel Corporation.
- SM Group
- Introduction to the Tagalog language
- Access to the Philippine market
- Business Plan for the Philippines
Objectives of the subject “Doing Business in the Republic of the Philippines”:
- To analyse the Philippine economy and foreign trade
- To evaluate business opportunities in the Republic of the Philippines
- To explore the Philippines' trade relations with the student's country
- To know Philippines' Free Trade Agreements (FTAs)
- To examine the profile of Philippine companies
- 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:
- Capital: Manila
- The largest City: Quezon City
- Philippine official languages: Filipino (Tagalog) and English
- In the Philippines, they are nineteen recognised regional languages. Spanish and Arabic are also used.
- Area: 300,000 square kilometres
- Philippine Population: 102 millions of people
- The main Philippine ethnic groups: Visayan (34%), Tagalog (28%), Ilocano (10%), and Bicolano (7%)
- Type of Government: Unitary Presidential Constitutional Republic
- Independence: 1898 (from Spain), 1946 (from the United States)
The main religion in the Philippines: Christianity (Catholicism:
75 million) and Islam (10%).
The Republic of the Philippines is one of the fastest economies in South-east Asia.
- 39th largest economy in the World
- Philippine GDP: 289.686 billion dollars
- The Philippines is a newly industrialised country and one of the Next Eleven economies
- Philippine agricultural sector: 14% of GDP and 32% of the labour force
- Industry: 30% of GDP and 14% of the workforce
- Services sector: 56% of GDP and the 47% of workers
- The Republic of the Philippines is an excellent platform for international business.
- The Philippines is strategically located in the middle of two important international trade routes: the Pacific Ocean and the South China Sea.
- The Philippines is one of the top ten producers gold in the World.
- Key emerging sectors of the Philippine economy: electronics, business process outsourcing, and software development
- Philippine Currency: Peso (PHP)
- Unemployment rate: 6%
Foreign Trade of the Philippines.
- The Philippines is the biggest copper exporter in South-east Asia
- Top trading partners of the Philippines are the United States, Japan, China, Singapore, South Korea, the Netherlands, and Hong Kong
- Top exports products: semiconductors, electronic products, transport equipment, garments, copper products, and petroleum
- Philippine company “Madagascar International Container Terminal
Services” manages the Toamasina Autonomous Port
- 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
- Association of South-East Asian Nations (ASEAN)
- ASEAN Free Trade Area (AFTA)
- East ASEAN Growth Area (BIMP-EAGA)
- ASEAN-Australia-New Zealand (Free Trade Area)
- Japan-Philippines Economic Partnership Agreement
- Asia-Pacific Economic Cooperation (APEC)
The Philippines is a member of:
- Economic Social Commission Asia-Pacific (ESCAP)
- Asian Development Bank
Introduction to Tagalog language: