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Why invest in the Philippines (Manila)

Resilient amidst the changing times
The Philippines is 1 of the 4 Asian countries to escape recession (aside from China, Vietnam and Indonesia)

Positive outlook on economic growth
US investment bank Citigroup has upgraded the country�s Protected content forecast to 5.5 percent (instead of 5.2 percent) after the Philippines posted 7.3 percent growth in Protected content its strongest economic growth in 34 years.

Strong economic indicators
45 quarters of continuous economic growth
Inflation Protected content 3.5%
GDP Protected content %
PHL Peso: Php43.84 = US$1
OFW remittances grew by 8.17 percent to US17.06 billion

Financial stability
�The banking sector (in the Philippines) is reasonably isolated from what�s been going on internationally, that includes both exposure to sub-prime and other assets with questionable values.�

� James McCormack, Fitch Ratings, in the London-based firm�s decision to keep its stable outlook for the Philippines because of its monetary and financial stability

The local banking industry has a P5-trillion asset base and a P500-billion capital base.

Strong spending power because of an emerging Middle Class
Remittances by Filipinos working overseas are expected to grow to P40B in Protected content .

source : Protected content

Ray Kenneth Quezada

27/F Pacific Star Bldg., Buendia Avenue .
corner Makati Ave , Makati City
Philippines Protected content

Mobile No.: Protected content
BBM PIN : 27C11A89
E-Mail: Protected content

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