The recent Comprehensive Agreement on the Bangsamoro (CAB) peace agreement between the Philippine government and the Moro Islamic Liberation Front (MILF) has eased tension in the area. Now, ASEAN nations are keen on investing in the resource-rich Philippine region.
A recent study conducted by the Japan External Trade Organization (JETRO) shows that the overwhelming majority, seventy-five percent of the 3,471 Japanese firms surveyed, are considering the ASEAN region, including the Philippines, as an investment destination. In mid-year 2013, 700 Japanese firms had set up facilities in various economic zones in the country according to the Philippine Economic Zone Authority (PEZA).
Philippine investors lift overall Asia sentiment as the country’s fourth quarter records were included in the 2013 Manulife Investor Sentiment Index (MISI) for the first time. Neighboring Southeast Asian countries garnered 16 positive sentiments in the latest quarter, and the region climbs to 22 with the inclusion of the Philippines.
As the cost of Healthcare in the U.S. continues to rise, the Philippines is fast becoming a prime medical tourism destination for Americans and foreign nationals. The Philippine Department of Tourism reports that the number of overseas patients visiting the Philippines is increasing by as much as 88%, from 60,000 clients in 2007 to 600,000 in 2009.
Planning a wedding in the Philippines is a formidable undertaking that’s definitely not for the faint of heart. There’s the wedding ceremony itself, the church, the guest list, the flowers, the gowns for the bride and her entourage, the caterer, invitations, cake, wedding rings, honeymoon and itinerary, and a thousand and one details that make wedding planners a necessity these days.