The Philippines
The original report was distributed in The Daily Telegraph on Tuesday, June 5, 2012
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The transformation President Benigno Aquino III is bringing to the Republic of the Philippines is shining a new light on the nation's battle against corruption and creating clarity and transparency in business dealings for the first time in years.
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Eat. Dive. Climb. Ride. Learn. Smile. Lose yourself... Have fun! A truly natural wonder, the Philippines offer endless opportunities to enjoy a myriad of different landscapes that will surprise even the most-travelled tourist
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 Cristino Naguiat Jr, CEO of PAGCOR PAGCOR is set to transform the Philippines into a world-class leisure and gaming mecca through its Entertainment City project
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A solid financial sector has turned the country into one of Asia's most thriving countries
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 Teresita Sy-Coson, Vice-Chairman of SM Investments Corporation SM Investments Corp's influence on Philippine society and economy is unique, and its dedication to CSR, families and freedom of choice mirror the mindset of the nation
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Plantersbank is the Philippines' leading bank for small and medium-sized enterprises (SMEs)
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AUB’s organic growth strategy is steadily expanding the commercial bank's reach across the Metro Manila region and beyond with strategic acquisitions and by branching out into the consumer sector
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The Aquino administration is gung-ho for green, with ambitious plans to plant seedlings and trees as a multi-pronged solution
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Development of the energy sector was long neglected under previous administrations, but is now seen as vital to the country's future prosperity
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The real estate business in the Philippines is simply booming. From residential to tourism to office, all areas are witnessing surging demand, and the supply is not too far behind
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Over the past decade the UK has been the largest foreign investor in the Philippines
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The intensity of Filipinos' national pride and their enthusiasm to share it with others is being tapped as part of promoting the Philippines as the ultimate holiday experience.
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The Philippine economy is looking better than ever, with transparency underscoring growth and diversification strengthening its bases
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 Nestor Tan, CEO of BDO Award-winning universal bank BDO has risen through the ranks over the past 20 years to become the country's largest bank thanks to smart management and visionary strategies. Today, BDO is eyeing regional expansion to be financed by a $1 billion rights offer
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Now in its 50th year, Metrobank is enjoying unprecedented growth and is opening new branches to keep up with demand
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 Aurelio R Montinola III, President and CEO of BPI As well as partnering the IFC to boost homegrown SMEs and promote innovative energy-saving solutions, the largest Philippine investor in the UK is expanding its services in the European Union
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The Philippines' largest public financial institution, Landbank is spurring national growth beginning at the grassroots
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 Ramon J P Paje, Secretary of DENR Climate change mitigation, anti-corruption measures and a desire to increase Government revenue yields in order to more fairly share profits do not mean that investment opportunities in mining have diminished. Quite the opposite: with illegal mining now being targeted, the field is clear for responsible players who understand that transparency and sustainable methods will bring longer-lasting rewards, for everyone
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The Malampaya Deepwater gas-to-power project lowers the country’s energy import bill, raises revenues and helps the environment
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 Step back into the past at Las Casas Filipinas de Acuzar, a unique museum and resort Cosmopolitan condominiums and historic communities come to life
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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.)
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