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Purpose
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Philippines
THE PHILIPPINE ADVANTAGE
•  Skilled labor force of 29 million
•  Literacy rate of 95%
•  3rd largest English speaking nation
•  META ranked Philippines No. 4 worldwide in availability of knowledge workers
•  380,000 graduates/year
•  Western-patterned educational system
•  Strong work ethic, consultative/customer-oriented mind set
•  Quality management staff
•  Easily trainable
•  Low attrition rate
•  Lower costs: approximately one-fifth the cost of the US and Europe
» Affinity to Western Culture
•  World-class English proficiency
•  Similar form of government structure
•  US GAAP adopted Accounting Systems
•  Legal system/contracts similarity
•  Same media sources
•  Strong familiarity with Western culture yet open and easily adaptable to other cultures
» Strategic Location
•  Located in the fastest growing outpost of high-tech economy
•  Gateway of international shipping and airlines (FEDEX, UPS, etc.)
•  Critical entry point to over 500 million ASEAN market
•  Accessible by air within four hours from any Asian capital (Japan, Korea,
 Singapore, Taiwan)
» Hospitable Lifestyle: Expatriatesí top choice for quality of life
•  Friendly people
•  Value-for-money housing
•  Modern recreational facilities
•  First- rate educational institutions (International schools: British School, German
 school, Japanese school, Mandarin school, etc,). Source: Far Eastern Economic
 Review, Political & Economic RiskConsultancy (PERC), May 2000
» Expanding Infrastructure
•  High quality, low cost bandwidth, expanding domestic network with 6 platforms
 available: fixed line, cellular, cable TV, over the air TV radio and VSAT system)
•  Redundant international connectivity: fiber optic cable and satellite
•  Bandwidth cost declined by 70% over the last 4 years
•  Presence of dedicated IT parks with fiscal incentives offer
•  Availability of IT-enabled floor area
» Strong Government Support
•  The Information Technology and E-Commerce Council (ITECC) was formed to
 oversee, review, update the national promotion strategy for E-Commerce
•  President Arroyo chairs this government-private council
•  Availability of investment incentives
 

 
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