The worlds second largest archipelago the Republic of the Philippines is located on South east asia.

It is divided into threestate administrations and economic regions the capit city is manila A heightened sense of optimism and change has been sweeping the Philippines once known as south east asias economic ladder. The Philippines of today is trying to bring in the promise of clean politics and national prosperity in 2010 Bnigno th Aquino won a landslide victory to become the nations 15 president . he inherited the nations intrenched in poverty and government flakedby corruption . while he is at immuned criticism the Filipino people are giving the president a chance to finally bring change to the republic Cuts in interest rates, low inflation, the governments plan to spend more aggressively bring investor confidence doing business in the Philippines is not without its challenges but it is now one that is more transparent and morbid. Despite the negative impact of the global economic crisis on the countrys export industry the Philippines is performing better than its regional neighbors . in 2010 the countrys real GDP has increased by 7.6% . its highest in more than 30 years . the international monetary fund estimates the Philippines GDP at 2016 billion dollars in 2011 The Philippine government realizes that simply relying on domestic sources for capital does not improve its liquidity position prompting a strong push for investment into the country . Grand reforms are already pursued by the administration to trigger further change for an efficient business profits and a level playing field. For many market players the good governance thrusts has been very beneficial and increasing government spending under the public or private partnership. The program is likely to stimulate growth in 2012 The Philippines is tackling its political social and economic problems head on. The Philippines Is one of the richest countries in asia in the 1950s second only to japan but has never been really to achieve the growth of the asian tiger nations has the Philippines finally turned down a sharp corner? Arecent bank states report that poverty remained on the about the same level last decade with a little over the core of population below the poverty line The Philippines has a big talentpool the 11% working abroad making overseas remittances as integral contributor on the nations GDP Filipinos fill a global demand for an added value positions that involved technical competency and English proficiency The 21 century has been defined as nations political and economic dominance the Philippines is making sure it is not left behind than more Asians particular are choosing Filipinos provide the educational backbone to their career growth Being an entrepreneur in the Philippines means into a latest consumer market of almost 100 million people employed in the entire asean community 7,107 islands most of them uninhabited the Philippines has the capacity and potential to become one of the most prominent tourism destinations in asia the government has revised the designed element agenda that identified segments with high potential one that focuses primarily on expanding neighboring markets The international marketing campaign headed by the slogan its more fun in the Philippines was launched with great success while the last decade was not been kind to the countries tourism abroad the government is counting on the Filipinos to be the nations prime ambassadors The Philippines is experiencing a political and economic resurgence that when followed through will turn the nation into a global player that it aims to be it is not just learning form the mistakes of the past but also driving the present with good governance and business prudence The world watches as the Philippines moves forward
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