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Understanding Philippines: Business & Economics

This guide provides useful information and links to resources on the Philippines.

At A Glance


The following information have been carefully selected for your reference. Some resources may have bias perspectives. Please approach the SMU Libraries ( ) should you have any doubts or need clarifications.


The Philippine Promotion Investment Plan consists Investment Promotion Agencies who are there to get businesses up and running in the shortest time. Find out more about benefits of investing in the Philippines through this video. 

Projected to be the world's 16th largest economy by 2050. Companies are expanding their businesses here in the Philippines. With viable investment area, industrial peace, state-of-the-art technology, skilled workforce, and creative and innovative environment, we are your gateway to the ASEAN region. And to the world.


This section explores the various aspects of doing business in the Philippines.

Business Law

  • Legal Updates
    This link provides a comprehensive guide to the legal regulations in the Philippines.
  • The Investment Houses Law
    This policy of the State to expand and strengthen the capital base of the economy in order to ensure sustained economic growth and development. Toward this end, the Philippine investment house industry is hereby liberalized, increasing foreign equity participation and raising the minimum capitalization of investment houses to enable them to meet the present and future demands of the market.

The Oxford Business Group speaks to Roberto de Ocampo, Chairman of the Philippines Veterans Bank and former finance secretary about the steps the country needs to take to attract foreign investments, geopolitical developments, and the cross-border competitiveness of small and medium enterprises.

Economics & Infrastructure

This section explores the economics and infrastructure in the Philippines.

The Philippines is largely an agricultural country. Its economy is based on free enterprise: individuals and nongovernmental entities are free to participate in its development and management, sometimes with the aid of government credit.

The Philippine Development Plan 2017-2022 is the first medium-term plan to be anchored on the 0-10 point Socioeconomic Agenda and is geared towards the Ambisyon Natin 2040 which articulates the Filipino people's collective vision of a MATATAG, MAGINHAWA, AT PANATAG NA BUHAY PARA SA LAHAT (Material, work and effective life for all). It also takes into account the country's international commitments such as the 2030 Sustainable Development Goals.

Check out the Government officials and groups' perspectives on ways to reduce poverty in the country. However, a London-based think tank reported that the Philippines will remain one of Southeast Asia's poorest economies even by 2019.

Additional Resources

Business Etiquette

This video explains the business practice and etiquette in the Philippines culture.

The use of electronic resources must comply with the Appropriate Use of Electronic Resources Policy and Singapore Management University Acceptable Use Policy