Endowed with a highly strategic geographical positioning that is within a few flying hours to and from surrounding economy-leading countries (e.g., Japan, Hong Kong, Singapore, Malaysia, South Korea) within the Southeast Asia region, the Philippines remains as one of the top-contending destinations for businesses, companies, and investors. The Philippines is also placed at the crossroads of international shipping and airlines within major trade routes and serves as an entry point to over 600 million people within the Association of Southeast Asian Nations.

Some of the country’s competitive advantages include its gross domestic product growth of up to 4.5% in 2021 and projected growth of up to 5.5% in 2022. The Philippines has a highly skilled and English-speaking workforce, abundant natural resources, and strong consumer market.