Evaluating the market in Philippines

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.
 

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.
 



Read the latest Government of Canada travel advisory for this market.
 

Business environment in Philippines

With a population exceeding 100 million people, the Philippines is one of the largest markets in Southeast Asia. The country’s economic growth prospects remain positive following strong consumer demand. While the Philippines 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 identify and collaborate with strong local partners, especially with the large local conglomerates that have a lion’s share of the country’s major infrastructure projects.
  • Aerospace
  • Construction & Infrastructure
  • Environmental Infrastructure & Waste Water
  • Food & Beverage
  • Telecom

Here’s a helpful tip for doing business in the Philippines

As in the west, Filipinos will generally consider it impolite to use your mobile phone during a meeting, but will be forgiving if you’re in extenuating circumstances.

Download our guide on Doing Business in the Philippines

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