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The Philippines:
Tourism, Trade &
Investments
Hon. Armi Lopez-Garcia
Consul a.h.
Russian Federation
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 in
RP?
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Where in the world?
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
From
Russia…
…to the Philippines!
•Total: 300,000 sq km
•Land: 298,170 sq km
•Water: 1,830 sq km
Area
•101,833,938 (as of July 2011 )
Population
•Age 15 and over can read and write
Literacy
• 29,700,000 users
Internet Stats
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Russians have been discovering
the Philippines through the years
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Tourism …
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Beautiful places and people …
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Attracting Russians …
Moscowtrip2007PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
1st Russian film
festival
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
PRBA Forum 2010PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
PRBA – Improving ties thru the years
PRBA Forum2009
PRBA Forum2011
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
PRBF 2009
PRBF 2010
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Meet Russia
Lifestyle Seminar:
Cebu, Bohol &
Boracay
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
PRBA 2011
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Turn over of
President
Quirino’s
Bass Relief
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Unveiling of Leo Tolstoy Bust
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
The Rossiya Ensemble
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Unveiling of the ‘Dandelion’ @ Cebu Cultural Center (2011)
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Russia Day in Cebu
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
A LOOK AT TRADE & INVESTMENTS
Some economic trends
Remittances stabilized the peso, built up reserves
Economic stability restored & resilient to external shocks
7.6 % growth in 2010; highest in 30 years.
5% average growth in past 10 years,
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
In 2008, Philippine economy
world’s 47th largest.
From agriculture-based to
newly-industrialized country.
Economy dependent on services
& manufacturing sector.
Total labor force: 38.1 million.
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
An educated populace
with excellent
proficiency in English
(thus the fast-rising
BPO industry)
Plenty of managerial
and entrepreneurial
talent
Global demand for
labor force with a huge
number of Filipinos
working abroad (8
million, or 25% of
active workforce).
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Growth in following sectors
BPO/ICT services
Electronics & Semiconductors
Mining
Energy
Agro-industry
Shipbuilding
Tourism
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Philippine Tourism Stats
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
OPPORTUNITIES BEYOND MANILA
Clark and Subic
• Formerly two of US largest military
facilities overseas.
• Clark Freeport Zone and Subic Bay
Freeport Zone promoted as tourism/IT
hub & business center for medium and
large-scale enterprises in Asia.
• Special taxes, duty incentives & 100%
foreign equity in enterprise granted to
foreign investments in Clark and Subic.
• Maintained as tourist destinations
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
CamSur
• Camarines Sur now a favorite
water sports destination
• CamSur houses the CamSur
Watersports Complex, a
watersports park designed for
wakeboarding, waterskating
and waterskiing.
• Hosted various watersports
competitions both locally and
internationally.
Davao
• Financial center of Mindanao
Island, 3rd biggest island in
Philippine south
• Center of
education, arts, culture, tourism
and information technology.
• Dynamic local government
support and multilingual and
culturally-rich people makes
Davao very conducive for
investments.
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
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, and
tourism between the City of Cebu and St. PetersburgPHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
GATEWAY TO ASEAN
Location, Location, Location
Commercial, cultural and intellectual hub
from the dawn of Southeast Asian history.
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Borders
West: Singapore, Vietnam, Cambodia, Thailand, Malaysia
North: Taiwan, China, Hong Kong and Japan
South: Borneo and the chain of Indonesian islands
East: Pacific Ocean looking out to Hawaii, United
States, Central and Latin America
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
Strategic
Crossroads
of developed
West and Orient.
Heart
of Southeast Asia
Gateway & Access
to different Asian
& Pacific capitals
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com
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)
PHILIPPINE
RUSSIAN
BUSINESS
ASSEMBLY
www.prbai.com

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