PHILIPPINES

 

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The relations between the two countries have been cordial, though the full potential is yet to be realized. It would be fair to say that despite several shared values and commonalities, such as anti-colonialism, South-South cooperation, a strong democratic polity, an independent judiciary and press, and the wide use of the English language, relations between the two countries have been relatively unexplored and reflects a lack of informed knowledge about one another.

The Philippines moved up in the World Competitiveness Yearbook, now ranking 38th out of 60 countries its best performance since 2009. On the other hand, the country also moved up 6 notches in the Global Competitiveness Index of the World Economic Forum, with a ranking of 59 out of 148 countries. The Philippines ranks 108th (out of 189 countries) in the overall “Ease of Doing Business” table of the 2014, Ease of Doing Business Report of the World Bank
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At a Glance:

 

 

Country Name

 

 

Republic of the Philippines

 

 

Area

 

 

2,99,404 sq.km

 

 

Capital

 

 

Manila

 

 

Government type      

  

 

Republic

 

 

Administrative divisions

 

 

80 provinces and 120 chartered cities

 

 

National Holidays    

    

 

Independence Day, 12 June and 4 July

 

 

Fiscal year    

  

 

Calendar Year

 

 

Currency   

      

 

Peso (PHP)

 

 

President      

   

 

Benigno AQUINO (since 30 June 2010)

 

 

Population   

    

 

107,668,231 (July 2014 est.)

 

 

Net migration rate

 

 

-1.23 migrant(s)/1,000 populations (2014 est.)

 

 

GDP (purchasing power parity)

 

 

$692.2 billion (2014 est.)

 

 

GDP- composition by sector   

 

 

Agriculture: 11.3%                                                                      Industry: 31.2%

Services: 57.4 % (2013 est.)

 

 

Agriculture- Products

 

 

Sugarcane, coconuts, rice, corn, bananas, cassavas, pineapples, mangoes; pork, eggs, beef; fish

 

 

Industries        

 

 

Electronics assembly, garments, footwear, pharmaceuticals, chemicals, wood products, food  processing, petroleum refining, fishing  

        

 

Major Exports

 

Semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits

 

 

Major Exports- Partners 

         

 

Japan 22.5%, US 14%, China 12.1%, Hong Kong 9%, France 4.3%, South Korea 4.1% (2014 est.)

 

 

Major Imports

 

 

Electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic

 

 

Major Importers – Partners

 

 

China 15%, US 8.7%, Japan 8.1%, South Korea 7.8%, Singapore 7%, Taiwan 6.8%, Thailand 5.3%, Saudi Arabia 5%, Malaysia 4.8%, Indonesia 4.7%, France 4.2% (2014 est.)

 

 

Natural resources

 

 

Timber, petroleum, nickel, cobalt, silver, gold, salt, copper

 

 

Languages      

 

 

Filipino (official; based on Tagalog) and English (official); eight major dialects - Tagalog, Cebuano, Ilocano, Hiligaynon or Ilonggo, Bicol, Waray, Pampango, and Pangasinan

 

 

Ethnic groups   

          

 

Tagalog 28.1%, Cebuano 13.1%, Ilocano 9%, Bisaya/Binisaya 7.6%, Hiligaynon Ilonggo 7.5%,  Bikol 6%, Waray 3.4%, other 25.3% (2000 census)

 

 

Climate

 

 

Tropical marine; northeast monsoon (November to April); southwest monsoon (May to October)

 

 

Location       

   

 

Southeastern Asia, archipelago between the Philippine Sea and the South China Sea, east of  Vietnam