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The Philippines

The original report was published in the USA Today on Monday, June 20, 2011
The May 2010 presidential election in the Philippines heralded a new government, representing a new direction and a renewed sense of hope for this resilient nation of warm smiles and optimism.
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Government departments unite across all sectors, rising to the challenge of meeting the Millennium Development Goals (MDGs) on time
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The Philippines is “open for business” and backed by broad-based bank lending growth and greater transparency, accountability and competitiveness
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Gilda Elepano Pico, CEO and President of Land Bank
CEO and president of Land Bank of the Philippines, Gilda Elepano Pico shares the ins and outs of this government bank entrusted with boosting agricultural and rural sectors
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Jose Ma. K. Lim, President and CEO of Metro Pacific
MPIC has grown from strength to strength, expanding infrastructure development, turning companies around to become competitive, meeting the needs of Filipinos across the nation
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With a long running educational tradition, for the Philippines supplying adequate resources for the educational system behind the quality of its workforce is essential
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Business process outsourcing is growing and maturing into knowledge process outsourcing in this tech-savvy island nation
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Sitel is a global leader in the business process outsourcing (BPO) industry and provides its clients with fully integrated customer care services by highly trained experts
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The world’s fifth richest country in mineral resources, the Philippine mining sector is back on course after a nearly 30-year slump and the government is taking sustainable development and inves
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One of the oldest and most important mining companies in the Philippines, Nickel Asia Corporation (NAC) is also a homegrown company.
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Under Xstrata Copper, SMI is sustainably developing one of the world’s largest copper-gold mines
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Powering the Philippines requires taking greater advantage of the nation’s renewable sources, including geothermal and solar, and using cleaner burning fossil fuels like natural gas
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Private healthcare providers, public clinics and HMOs work towards the common goal of reaching all Filipinos nationwide
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Innovative and world-class healthcare from a patient-centered approach comes with the latest in technology and impressive surroundings
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Part of the globally leading Sun Life Financial group, Sun Life Financial Philippines shows Filipinos that a better, more secure life and retirement is possible
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Secretary of Tourism Alberto Lim discusses his country’s strategies to attract more tourists and why they should visit for more than just the sun and sand
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Philippines-based on-line gaming is a big, and strictly legitimate, business
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From tourism and foreign investment to job creation and MICE industries, PAGCOR’s Entertainment City is set to stimulate economic growth
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PAGCOR provides free medical and dental care to thousands of people
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It is also home to the 2nd largest BPO (Business Process Outsourcing) base in the world. It is clear that trade has and will continue to be an integral part of the country's economic growth.
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Boxing champ Manny Pacquiao turned to politics to better serve his fellow countrymen
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From a family legacy, President Aquino leads a new era for the Liberal Party and the Philippines
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From commercial and retail to residential and leisure development, the corporation does not shy away from large investments. SM has been highly successful, to boot
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A longstanding lack of funds has hindered crucial investment in the Philippines, holding back economic development. Now the government believes it has found a way around the problem
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Innovation is the buzzword in the Philippines, where generation of new ideas for products and services is a crucial element of the national strategy for boosting competitiveness
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Forty years ago, the Philippines had only traditional agricultural exports. That started to change in the1970’s when the Philippine electronics industry got under way, spurred by industrialized
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The first call center to be listed on the Philippine Stock Exchange, Paxys provides a wide range of services, including BPO, telemarketing, and IT and software systems
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Jared Morrison of Stream Global Services highlights the advantages of outsourcing customer care operations to the Philippines
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Honesty and concern for the people really distinguish Jose Ernesto Villaluna, president and chief operating officer of Philex Mining, and the way he does business
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Filminera and CGA Mining Ltd. attribute their mining achievement to their investment in the community
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Sumitomo and Nickel Asia’s Coral Bay Nickel Corp. is putting mine waste to good use
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The Philippines has a growing population and a growing economy, both of which will increase demand for energy in coming years
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The Philippines has now become the third largest provider of overseas workers in the world.
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Nowhere has President Aquino's election-winning pledge to improve governance been taken more seriously than in the insurance sector, which is set to become one of the cornerstones of the country
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In a way, the Philippines is the unexplored neighbor. Americans know plenty about the country but perhaps are unaware of its many magical, and practical, attractions
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Amusement and entertainment encompassed in integrated casino resorts will both rival and complement other gaming hubs in Asia. The government hopes these resorts will also grow tourism numbers
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PAGCOR, in charge of overseeing gaming in the Philippines, is also responsible in a large part for the country’s socio-economic development
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PAGCOR hosts 12 Days of Christmas for the less fortunate
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Working alongside the Department of Education, PAGCOR commits to schoolbuilding projects and programs to feed undernourished children
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United World

LOCATION:
Southeastern Asia, archipelago between the Philippine Sea and the South China Sea, east of Vietnam

CAPITAL:
Manila

AREA:
total: 300,000 sq km
country comparison to the world: 72
land: 298,170 sq km
water: 1,830 sq km

POPULATION:
101,833,938 (July 2011 est.)

GOVERNMENT TYPE:
republic

GDP - composition by sector:
agriculture: 13.9%
industry: 31.3%
services: 54.8% (2010 est.)

EXPORTS:
$50.72 billion (2010 est.)
country comparison to the world: 53
$37.6 billion (2009 est.)

EXPORTS commodities:
semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits

IMPORTS:
$59.9 billion (2010 est.)
country comparison to the world: 42
$46.39 billion (2009 est.)