The Philippines
Climate: tropical climate dominated by a rainy season and a dry season
Population: 105,341,062 (2018)
Total Land Area: 301,780 km²
Official Languages: English and Filipino
Currency: Philippine Peso
is defined by its emerald rice fields, graffiti-splashed jeepneys, smouldering volcanoes, bug- eyed tarsiers, fuzzy water buffalo and smiling/hospitable people.
The Republic of the Philippines is an archipelago in South East Asia composed of 7,107 islands with Manila as its capital. It is blessed with rich natural resources and miles of beautiful beaches with a coastline of more than 36,000 kilometers.
From the historic town of Intramuros to the sprawling urban Manila to the relaxing and secluded El Nido, the Philippines has something for everyone.
Aside from the diverse tourist spots the country has to offer, the megacities are also worth looking at as an investment opportunity.
CENTRAL
bUSINESS DISTRICTS
MAKATI CENTRAL BUSINESS DISTRICT
Makati is the heart of the financial, commercial and economic centers of the Philippines. It is the home of the Philippine Stock Exchange, the Makati Bussines Club and various foreign embassies.
Despite its metropolitan culture, the City has been named by the Philippine Retirement Authority (PRA) as “Most Retirement and Ageing-Friendly City,” in the country having complied with the age-friendly city criteria of the World Health Organization (WHO).
BONIFACIO
GLOBAL CITY
Bonifacio Global City (also known as Fort Bonifacio) is a highly urbanized district in Taguig City, Metro Manila, Philippines.
Once an American military base, BGC is now home to the corporate headquarters of international firms such as Accenture, HSBC, Deutsche Bank, JP Morgan Chase; upscale residential condominiums; several major shopping malls; a world-class hospital; foreign embassies; and international schools such as the British School Manila, International School Manila and Manila Japanese School.
ORTIGAS
CENTER
Ortigas Center is a convenient, well-connected, Manila's second largest business district. It sits on the border of three cities: Quezon City, Mandaluyong City and Pasig City.
It is home to many shopping malls, skyscrapers, condominiums, restaurants, offices and a lot more. It is also the headquarters of San Miguel Corporation, ADB, Jollibee Foods Corporation, the Philippine branch of HSBC and Robinsons Galleria.
“... a dazzling market with its open business climate, impressive economic performance, and huge opportunities across a range of sectors...”
“Philippines is a bright star in a dim sky’ over region…”
Economic Drivers of
the Philippines
Singapore
Thailand
The Philippines
ASEAN's GDP Growth in 2023
Indonesia
Malaysia
The Philippines' Growth Engine Fueled by These Factors
The BPO Revenue 2023
$35.5B
$32.3B in 2022
1.7 million
Total number of full-time employees in the IT-BPO industry remained the same
Overseas Filipino Workers Remittances 2023
$37.21B
a 3.0% growth from previous year
USA, Singapore, Saudi Arabia
Remittances from US amounted to $13.71B and $2.36B from Singapore
Tourism 2023
$12.18B
$10.47B in 2021
Jobs created
6.21M
Tourist Arrivals
5M
top markets South Korea, United States, and Japan
Source: Ayala Land, Inc. 2023