The Philippines is an attractive market of 100 million people with little e-commerce penetration and an optimistic perspective on the ASEAN integration. Nevertheless, the Philippines presents certain peculiarities and challenges for local and foreign companies to tackle if they want to tap into the country’s great potential.
Social entrepreneurship is a way of creating business that emphasizes a greater care for the people and natural resources employed. Producing organic cosmetics and benefiting to the welfare of its workers, this Philippine company also found a way to build a profitable and fast-growing business.
As in the rest of Asia, Philippine real estate is currently in a very positive trend. With strong fundamentals, a large population and fast growing economy, the Philippine property market is also driven by oversees Filipinos sending money home, strong domestic demand and the dynamic BPO and tourism industries.
After years of slump, the Philippines is now one of the fastest growing countries in Asia. Multinational and local corporations are benefiting from strong macroeconomics and large untapped market to seize growth opportunities. Jaime Augusto Zobel de Ayala shares his views on opportunities and challenges of the Philippines.
Manila’s larger urban area, “Mega Manila”, is set to reach 30 million inhabitants by 2030. To cope with its growth and relieve the pressure from the population, the Philippine authorities have devised an ambitious plan of integrated urbanization and transports that will foster the sustainable development of the country’s capital city.
The Philippines is an interesting place for tech startups: a large population, a growing economy and a vast base of Internet users who are very involved in social media. These factors make the Philippines more and more attractive as it develops an eco-system to accompany the launch, development and maturation of startups.
The Philippines has become one of the most attractive countries to do business in Asia in the recent years. In order to attract, inform and help more companies to conduct business, the Philippine government has created a website to gather all the important information to set up a company, trade and spread the word on interesting …
Awareness about ASEAN and the upcoming ASEAN Economic Community is growing in the Philippines and Southeast Asia. In a recent video by Rappler, Tessie Sy-Coson, Vice-Chairperson at SM Investment Corporation, explains her perspective for ASEAN and the Philippines together with its impact on some business sectors.
The development of Southeast Asia in the next 30 years will require a lot of energy. Yet, producing fossil fuels becomes challenging and clean renewable energy technologies are still in their infancy. A Bloomberg report presents how Thailand, the Philippines and Indonesia manage these new issues to power up for the future.
The use of Internet on mobile devices in the Philippines is still behind other ASEAN countries, as smartphone penetration is low. However it is picking up very quickly, and with a population of more than 100 M people and very social habits, the Philippines is already becoming a digital and social media powerhouse in the region.