The Philippines: Tourism, Trade & Investments by Honorary Consul Armi Lopez-Garcia of the Russian Federation

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Promoting better relations between Russia and the Philippines is a goal of the Philippine Russian Business Assembly (PRBA) and Honorary Consul Garcia.

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The Philippines: Tourism, Trade & Investments by Honorary Consul Armi Lopez-Garcia of the Russian Federation

  1. 1. The Philippines:Tourism, Trade &InvestmentsHon. Armi Lopez-GarciaConsul a.h.Russian Federation
  2. 2. Contents• Where in the world?• Some demographics• Russian visitors• PRBA• Trade & investments• Opportunities beyond Manila• RP as Gateway to ASEAN• How to go about investing inRP?PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  3. 3. Where in the world?PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  4. 4. PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.comFromRussia…
  5. 5. …to the Philippines!•Total: 300,000 sq km•Land: 298,170 sq km•Water: 1,830 sq kmArea•101,833,938 (as of July 2011 )Population•Age 15 and over can read and writeLiteracy• 29,700,000 usersInternet StatsPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  6. 6. PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.comRussians have been discoveringthe Philippines through the years
  7. 7. PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.comTourism …
  8. 8. PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.comBeautiful places and people …
  9. 9. PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.comAttracting Russians …
  10. 10. Moscowtrip2007PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  11. 11. 1st Russian filmfestivalPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  12. 12. PRBA Forum 2010PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.comPRBA – Improving ties thru the yearsPRBA Forum2009PRBA Forum2011
  13. 13. PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.comPRBF 2009
  14. 14. PRBF 2010PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  15. 15. Meet RussiaLifestyle Seminar:Cebu, Bohol &BoracayPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  16. 16. PRBA 2011PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  17. 17. Turn over ofPresidentQuirino’sBass ReliefPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  18. 18. Unveiling of Leo Tolstoy BustPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  19. 19. The Rossiya EnsemblePHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  20. 20. Unveiling of the ‘Dandelion’ @ Cebu Cultural Center (2011)PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  21. 21. Russia Day in CebuPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  22. 22. PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  23. 23. A LOOK AT TRADE & INVESTMENTS
  24. 24. Some economic trendsRemittances stabilized the peso, built up reservesEconomic stability restored & resilient to external shocks7.6 % growth in 2010; highest in 30 years.5% average growth in past 10 years,PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  25. 25. In 2008, Philippine economyworld’s 47th largest.From agriculture-based tonewly-industrialized country.Economy dependent on services& manufacturing sector.Total labor force: 38.1 million.PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  26. 26. An educated populacewith excellentproficiency in English(thus the fast-risingBPO industry)Plenty of managerialand entrepreneurialtalentGlobal demand forlabor force with a hugenumber of Filipinosworking abroad (8million, or 25% ofactive workforce).PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  27. 27. Growth in following sectorsBPO/ICT servicesElectronics & SemiconductorsMiningEnergyAgro-industryShipbuildingTourismPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  28. 28. Philippine Tourism StatsPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  29. 29. OPPORTUNITIES BEYOND MANILA
  30. 30. Clark and Subic• Formerly two of US largest militaryfacilities overseas.• Clark Freeport Zone and Subic BayFreeport Zone promoted as tourism/IThub & business center for medium andlarge-scale enterprises in Asia.• Special taxes, duty incentives & 100%foreign equity in enterprise granted toforeign investments in Clark and Subic.• Maintained as tourist destinationsPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  31. 31. CamSur• Camarines Sur now a favoritewater sports destination• CamSur houses the CamSurWatersports Complex, awatersports park designed forwakeboarding, waterskatingand waterskiing.• Hosted various watersportscompetitions both locally andinternationally.Davao• Financial center of MindanaoIsland, 3rd biggest island inPhilippine south• Center ofeducation, arts, culture, tourismand information technology.• Dynamic local governmentsupport and multilingual andculturally-rich people makesDavao very conducive forinvestments.PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  32. 32. Cebu• Tourism & ICT hub in central Philippines• Center of education, trade, tourism, and business operations• Top exporter among all the other Philippine provinces• Sisterhood agreements to further business education, trade, andtourism between the City of Cebu and St. PetersburgPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  33. 33. GATEWAY TO ASEAN
  34. 34. Location, Location, LocationCommercial, cultural and intellectual hubfrom the dawn of Southeast Asian history.PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  35. 35. BordersWest: Singapore, Vietnam, Cambodia, Thailand, MalaysiaNorth: Taiwan, China, Hong Kong and JapanSouth: Borneo and the chain of Indonesian islandsEast: Pacific Ocean looking out to Hawaii, UnitedStates, Central and Latin AmericaPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  36. 36. StrategicCrossroadsof developedWest and Orient.Heartof Southeast AsiaGateway & Accessto different Asian& Pacific capitalsPHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com
  37. 37. Thank you.See you in the Philippines!SOURCES:DOT Philippines (www.tourism.gov.ph)World Bank (www.worldbank.org)Economy Watch (www.economywatch.com)Inquirer (www.inquirer.net)Investor Philippines (www.investorphilippines.com)My Philippines (www.visitmyphilippines.net)Philippine-Russian Business Assembly(www.prbai.com & Philippine - Russian Business Assembly(PRBA) facebook GROUP)Philippine Airlines (www.philippineairlines.com)Wikipedia (www.wikipedia.org)PHILIPPINERUSSIANBUSINESSASSEMBLYwww.prbai.com

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