The Philippine economy looks robust with two of its cities crashing into the top 10 of the Tholons Top 100 Outsourcing Destinations for 2014. Since its opening, the IT-BPO market in the Philippines has demonstrated great potential to become a global leader by leveraging a world-class workforce.
Doing Business in the Philippines
Renewable energy is a growing industry in the Philippines, thanks in part to increased investor optimism in renewable energy investments.
Republic Act (RA) 9593, or the Tourism Act of 2009 passed by the Arroyo administration, cements a national policy bolstering investments and improving employment in the Philippines’ tourism industry.
Subic Bay, Philippines is bordered on the east by Zambales mountains and the South China Sea on the west. A former US Naval base, Subic is now a freeport zone and a gateway for the transportation of goods.
According to data from the Mines and Geosciences Bureau (MGB), the government recently issued 20 new exploration permits in the first three months of 2010 alone.