Luxembourg
 
 
 
 
 
 
 
6
October
2008


Business
Opportuni7es

with
the
Philippines

Business
Process

Outsourcing
 I.T.

Finance
&
Accoun7ng
 Customer

Support

L
O
G
I
S
T
I
C
S

We invite you to take a look at Business Opportunities with the Philippines, as
globalization brings a world of changes to today’s Business Realities. Given both
countries’ strategic locations in their own mother continents, companies from the
Philippine and Luxembourg may explore numerous joint and highly beneficial
opportunities in business process outsourcing, banking and logistics among
many others.

THE
PHILIPPINES:

YOUR
PREMIER
OUTSOURCING
PARTNER

 Luxembourg



































































































6
October
2008


The
Philippines
at
a
Glance

The
Philippines
is
a
na7on
of
almost
90
million
people
and
is
a
founding
member‐state
of
the

(ASEAN)
Associa7on
of
South
East
Asian
Na7ons,
with
400
million
people.





The
country
is
rich
in
natural
resources,
 
a
highly
skilled
labor
force
sought
the
world
over

and
 blessed
 with
 a
 tropical
 climate.
 
 The
 Philippines
 is
 the
 world’s
 fourth
 largest
 English‐
speaking
na7on
and
the
14th
largest
labor
force
in
the
world.



English
 is
 the
 language
 of
 business
 and
 government
 and
 boasts
 of
 a
 common
 history
 and

close
affinity
with
European
culture,
having
been
a
Spanish
colony
for
300
years.

Its
strategic

loca7on
 in
 Asia
 makes
 it
 a
 perfect
 hub
 of
 opera7ons
 and
 entry‐point
 to
 Asia
 for
 European

Businesses.




The
 Philippine
 economy
 grew
 at
 its
 fastest
 pace
 in
 three
 decades
 with
 real
 GDP
 growth

exceeding
 7$
 in
 2007.
 
 Higher
 government
 spending
 contributed
 to
 the
 growth,
 but
 a

resilient
 service
 sector
 and
 large
 remi[ances
 from
 the
 millions
 of
 Filipinos
 abroad
 have

played
an
increasingly
important
role.


Economic
Facts
(2007
esEmates)


GDP
(Purchasing
Power
Parity)

‐

$299
Billion

GDP
(official
exchange
rate)






‐

$144
Billion

GDP
(real
growth
rate)















‐


7.3%


GDP
(per
capita)


























‐


$3,400

GDP
Composi7on
per
Sector

























Agriculture












‐

13.7%

























Industry

















‐

31.4%

























Services

















‐

54.8%

Labor
Force



































‐

36.22
million

Products

and
Industries


Industrial
Products
‐

Electronics
Assembly,
Garments,
Footwear,

Pharmaceu7cals,
Chemicals,
Wood,
Products,
Food
Processing,
Petroleum

Refining,
Fishing


Agricultural
Products–
Sugarcane,
Coconuts,
Rice
Corn,
Bananas,
Cassavas,

Pineapples,
mangoes,
pork,
eggs,
beef
and
fish
and
fishery
products


Export
CommodiEes
‐
Semiconductors
and
Electronic
Products,
Transport

Equipment,
Garments,
Copper
Products,
Petroleum
Products,
Coconut
Oil,

Fruits


Import
CommodiEes
‐

Electronic
Products,
Mineral
Fuels,
Machinery
and

Transport
Equipment,
Iron
and
Steel,
Tex7le
Fabrics,
Grains,
Chemicals,

Plas7c.


THE
PHILIPPINES:

YOUR
PREMIER
OUTSOURCING
PARTNER

 Luxembourg



































































































6
October
2008

Business
Process
Outsourcing
for
Banking
&
Financial
Ins7tu7ons

PHILIPPINES:

ADJUDGED
2007

 At
the

Philippine

Business
Forum
this
October,
get
to

BEST
OUTSOURCING


DESTINATION

know:

 


Why
the
Philippines
is
the
Best
Outsourcing
Des7na7on
for
2007

according
to
the
UK’s
Na7onal
Outsourcing
Associa7on

UNITED
KINGDOM

 



What
other
European
companies
have
to
say
and
why
they
are
staying

in
the
Philippines
permanently.

 



Why

global
business
leaders
in
many
fields
of
business
are
IN
the

Philippines


 



About
the
amazing
workforce,
exper7se
and
skills
that’s
con7nuing
to

a[ract
partnerships
from
all
over
the
world.

 



About

our
Government’s
Investment
Incen7ves
like
7
year
Income
Tax

Holidays
(0%
Income
Tax)
and
the
indefinite
5%
income
tax
rate
ager
the

incen7ve
period
has
expired.

 

Why
it
is
the
BEST
offshore
opera7ons
des7na7on
for

YOUR
BUSINESS.


These
Global
Players
have
already
been
in
the
Philippines
for
years
.
.
.


Outsourced
Services


.
.
.come
&
find
out
what
keeps
them
there!
 • 
Business
Processes

• 
Finance
&
Accoun7ng

• 
Customer
Support

• 
Informa7on
Technology

• 
Anima7on

• 
Design
Engineering

• 
Graphics
Design


Photo
courtesy
of
Mr.
Vernes
Go
www.pbase.com/dni


THE
PHILIPPINES:

YOUR
PREMIER
OUTSOURCING
PARTNER

 Luxembourg



































































































6
October
2008


Other
Business
Opportuni7es

Here
are
some
business
opportuniEes
in
the
Philippines

companies
from
Luxembourg
may
be
interested
to
look
at:

 

InformaEon
Technology
–
con7nues
to
be
the
Philippines
fastest
growing
industry,
with

expanding
opportuni7es
for
personal
computers
and
peripherals,
private
automa7c
branch

exchanges
(PABX),
enterprise
sogware
and
network
applica7on
tools.

 
Renewable
&
Sustainable
Energy–
Expansion
and
upgrade
of

Electric
Power
Genera7on
and

Distribu7on
Systems,
including
Renewable
and
Sustainable
Energy,
through
2014
will
create
stable

demand
for
equipment
and
accessories
ranging
from
valves,
boilers,
steam
generators
and
turbines

to
transmission/
distribu7on
hardware
lines.

 
Mobile
TelecommunicaEons
–
The
Philippine
Mobile
Telecommunica7ons
market
will
con7nue

exponen7al
growth
through
2009,
genera7ng
demand
for
communica7ons
hardware
and
sogware

ranging
from
base
sta7ons
and
mobile
switching
equipment
to
network
management
tools
and

voice
management
systems

 
AutomoEves
and
Car
parts
–

Significant
opportuni7es
in
the
$2.6
Billion
Automobile
Agermarket

segment
exist.

Philippine
Automo7ve
Producers
may
also
complement
and
supply
to
Luxembourg’s

major
Automo7ve
Industry.

 
The
Philippine
Mining
Sector
–
offers
poten7al
for
resource
extrac7on
ac7vi7es.

Opportuni7es

await
suppliers
of
mining
equipment,
technology
and
service
exper7se,
as
well
as
investments
and

capital
for
a
highly
rewarding
mining
venture.

 
LogisEcs
–
Luxembourg
can
be
a
storage,
cargo
and
distribu7on
hub
for
exports
from
the

Philippines
and
South
East
Asian
products
transformed
in
the
Philippines

to
the
European
Union,

given
its
strategic
loca7on
in
Europe.

The
Philippines
is
likewise
strategically
located
within
4
hours

from
any
Major
Asian
Capital
and
is
an
excellent
hub
for
Luxembourg’s
flagship
logis7cs
companies

reaching
Asia.




THE
PHILIPPINES:

YOUR
PREMIER
OUTSOURCING
PARTNER