Featured Post

How Elon Musk Built His Empire - [Infographic]

Image
This graphic was created by information designer Anna Vital, read herfull article here.
Step by Step: How Elon Musk Built His Empire (by Anna Vital)“The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. Tomorrow’s champions will not win by competing ruthlessly in today’s marketplace. They will escape competition altogether, because their businesses will be unique.”– Peter Thiel in “Zero to One” In the bookZero to One, prominent entrepreneur and investor Peter Thiel shares his vision on what it takes to create an extraordinary company. Specifically, Thiel believes that instead of making incremental upgrades to an existing product or service, a company must aim to do something completely new to avoid ruthless competition. While Thiel has worked with many impressive people over the years, Thiel points to Elon Musk as a particularlysuccessful memberof the Paypal Mafia that has gone “zero to one” many times. THE RÉSUMÉAt only the…

Business in Manila


The Philippine Islands is located in Southeast Asia. There are over 7,100 islands that make up the Philippine Islands. They cover roughly 496,500 square miles. The total land area is approximately 117,000 square miles. Only about a thousand of its islands are populated, and less than half of these are larger than one square mile. Eleven islands make up 34 percent cent of the Philippine land mass. Two of these, Luzon and Mindanao, measure 41,000 and 37,000 square miles respectively. The Philippines has more than 500 species of flowering plants. The climate is tropical, and it is generally hot and humid all of the year round. About 60% of the Philippines receives between 70 and 100 inches of rainfall annually. Population is estimated at over 95 million in 2011.

Business in Manila

English, Filipino (Tagalog), and Spanish are the official languages, Filipino or Tagalog is the national language. It is spoken by over 55% of the people. Additionally Over 90% of the population is Christian, mostly Roman Catholic, with roughly 5% Muslim.

According to http://en.wikipedia.org/wiki/Philippines the Philippines 2010 GDP (PPP) estimae was $351.4 Billion or $3,737 per capita.

The Philippine GDP grew 7.3% in 2010, spurred by consumer demand, a rebound in exports and investments, and election-related spending. The economy weathered the 2008-09 global recession better than its regional peers due to minimal exposure to troubled international securities, lower dependence on exports, relatively resilient domestic consumption, large remittances from four- to five-million overseas Filipino workers, and a growing business process outsourcing industry.


The Philippines has established itself as one of the top destinations globally for services outsourcing, being second only to India. The Philippines' cost competitiveness, excellent telecommunications infrastructure, large talent pool, strong public-private sector partnerships, and relatively low risk perception are among the factors that transnational corporations are considering the Philippines for services outsourcing.

In 2010, the Philippine IT-BPO industry reached $9 billion in revenues, and engaged the services of 530,000 full-time employees in financial services, human resources, IT and software development, management services, engineering design, animation and other sectors. The industry now accounts for 60 percent of the country's total services exports. Furthermore, industry experts predict that in 2011, the industry is expected to generate US$11 billion in terms of services export revenues, and to provide employment to 640,000 people .

As you can see from this snapshot, business management in the Philippines is fast becoming a hot topic, and one that needs further understanding. The goal of this website is to share my knowledge, understanding and experience with those who are considering Business Management in the Philippines either by starting up their own company here or even as simple as considering a Virtual Assistant to assist in the day to day running of your business in Manila.

Comments

Popular posts from this blog

Manila - The most Beautiful City in Asia 1950's to the mid 1970's

Philippine Business Monopolies

Gretchen Fullido