Question

Highlight the potential opportunities, risks, and challenges of doing business in the Philippines

Issues to consider and/or include:

A. Brief overview of the country and demographics of thePhilippines
B. The political and legal environment. political stability? Legal issues?
C. The economic environment. Stability? Growing economy? Hard hit by this recession?
D. Cultural issues.
E. Any other important issues.

Answer 1

Phillipines is a 10.67 cr. No. Of Population country with 71years life expectancy and fertility rate above replacement level of 2.1(2.64) their per capita income is 10740ppp dollar (world Bank-2018) and this countries sex ratio is more than 1 mean more femalw than male. Major language which is being spoke are, Phillipino, and English.

Politically this country some how unstable due to their youth losing faith in establishment and increasing activities of islamaic terror and ethinjc clashes etc.

Phillipins is a economically growing economy as having good number of demographic dividend This country is among some the highest getter of remittances from abroad . But due to increasing frequency if natural hazards and volcanic activities is major problem creating economy unstable time to time. This country may be hit by recession as according to population this country have less resources to fulfill their needs  

Legal issue also their because use mixture cutomary law, British law and roman law(civil) ,islamic law etc which conflict each other. Legal issue concerning under unclos also their due to South China Sea disputes related .resources capturing. Government rule and regulations also high which is against ease of doing business.Human right violation also a major legal issues their in country.

Legal environment also not that good because delay in justice ,dispute pendency etc.

Cultural issue also a major problem their . As ethnic clashes and language barrier for for other nationals their and increasing islamic communalism etc. Effect cultural aspects.