Canadian exports to the Philippines have grown by over 70% over the last four years. With a population of over 100 million, the Philippines is one of the largest consumer markets in ASEAN. While its business environment has improved in recent years, poor infrastructure, bureaucracy and restrictions on foreign equity ownership in certain sectors present challenges for foreign investors. To navigate the complexities of the market, Canadian companies are advised to have strong local partners, especially large conglomerates that have the lion’s share of the country’s major infrastructure projects.