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Why invest in the Philippines. 2019 Economic report by DTI Sec. Ramon Lopez

The Philippines is #1 in 20 Best Countries around the World to invest in now. It is also the 2nd fastest growing economy in South East Asia, and projected to be one of the top 16 World economies by 2050.

At the DTI TNK 2019 (Trabaho Negosyo Konsyumer) in Shanghai last November 5, 2019, the Philippines Department of Trade and Industry Secretary Ramon Lopez shared valuable insights and updates on the Philippine Economy. He shared the 10 Point agenda of the PH government, and why it is a great time to invest in the the Philippines.

The DTI TNK 2019 is a project of the Philippine Department of Trade and Industry PTIC SH and the Philippine Consulate General in Shanghai. Organized by Philcham SH, together with TOFWUAP SHFilComSha.

Philippines, 2nd fastest ASEAN 6 economy in 1st half of 2019. 5.5% growth

PH to become the 16th largest economy in the world by 2050, according to the Trade Winds report issued by the research arm of Anglo-Chinese bank HSBC.

PH in Demographic Sweet Spot. Filipinos are younger compared to the rest of the world, the median age is 24 years old.

Access to Key Markets: Free Trade Agreements in ASEAN, China, Japan, South Korea, India, Australia, New Zealand. In Europe, Switzerland, Norway, Iceland, Liechtenstein. Though ASEAN, we also have FTA to Canada, EU, ROK, EAEU, RCEP, HK China.

Access to Key Markets: Within Asia, the Philippines is reachable within 3-4 hours by plane.

World Bank Doing of Business 2020 Report, PH jumped up 29 places in the rankings, to be in the top 100.

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