PESTLE Analysis of the Philippines 2016
The Philippine economy is dominated by the service sector, which contributed approximately56.9% to the total GDP in 2015. Real estate and trade of motors and vehicles contributed 11%and 16.7% respectively to the service sector. The Philippines significantly relies on its IT-BPOsector, which contributed revenue of 7.35% and remittances inflow of 7.63% in 2015. ThePhilippines has undertaken various reforms, which has led to economic liberalization of thecountry. The government’s structural reform in infrastructure and the telecom sector is anticipatedto support high growth of the economy. IT-BPO sector is expected to remain the major economicdriver in the coming years.
Lucintel, a leading global management consulting and market research firm, has analyzed thepolitical, economic, social, technological, legal, and environmental factors of the Philippines andhas come up with a comprehensive research report, “PESTLE Analysis of the Philippines 2016.”This report provides an analysis of the Philippine economy from historical, current, and futureperspectives. SWOT analysis, scenario analysis, and risk analysis of the Philippines are alsoincluded in the report. The report also includes the forecast for the economic growth of thePhilippines through 2021.
The report highlights various drivers and challenges, which have influenced investment decisionsin the economy. The Philippines is a politically stable country. Manila is the second largestdestination for IT-BPO and the fourth largest recipient of remittances in the world. The countryhas a strong current account surplus and high foreign reserves. The Philippines is an archipelagolocated in place which is prone to earthquake and volcanos. The Philippines frequently facesproblems with the occurrence of natural disasters, such as flood, typhoons, and destructiveearthquakes, which is one of the main challenges, as it directly affects the country’s GDP.Another challenge for the Philippines is low R&D investment.
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in thismarket. This report will save hundreds of hours of your own personal research time and willsignificantly benefit you in expanding your business in this market. In today’s stringent economy,you need every advantage that you can find.
Features of This Report:
To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many morethat operate in this market.
Some of the features of “PESTLE Analysis of the Philippines” include:
Trend and forecast for key macroeconomic variables that are useful to make majorinvestment decision
Analysis on economic activity, investment environment, and trade structure of the country
Major industries in the Philippines and its contribution to GPD
Trends in savings, investments, and consumptions
Analysis of Political, Economic, Social, Technological, Legal, and Environmentalscenarios as well as their impact on different industries
Analysis on geographical importance and social structure such as labor quality
Strength, Weakness, Opportunity, and Threat (SWOT) analysis of the Philippines.
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