The Philippine economy is able to hold its own. In recent years, the Philippine economy has been one of the fastest-growing in Asia, and Manila is reaping the benefits. A good number of global companies and foreign investors consider the city as a viable business location and investment destination in Southeast Asia. With the country’s geographical position and current economic standing, Manila has found itself back to the investment map. This places it at a much greater advantage for trade and industry, which some foreign investors have come to appreciate and realize with the surge of the country’s economy over the past few years. The Philippines’ central location between Malaysia, Thailand, Vietnam, China, Japan, and Indonesia makes it the North and Pacific gateway to the ASEAN region.
The Philippines’ geographical position easily makes it a gateway to Asia, giving Manila the competitive edge over other cities in the region. What gives this city an edge in the Asian region? It has also been in the same list as Tokyo, New York, London, Paris, Chicago, Hong Kong, and Singapore for globally competitive cities. As the Philippines picked up some steam over the years with an increase in FDI and consistent GDP, Metro Manila has become an emerging global city like Seoul, Shanghai, and Jakarta.
In almost every corner of the city, there are new structures on the rise as it gradually transforms into a hyperactive mega city. In recent years, Metro Manila has stepped out of the shadows of its Asian peers and has risen to prominence as a viable investment destination in the Asia-Pacific region.
0 kommentar(er)
