1、Opportunities for Foreign Investors in the PhilippinesChoosing the Right Business SetupKey Economic Reforms in the PhilippinesPromising Sectors for Investment in PhilippinesPg 04Pg 07Pg 11Issue 25 May 2023|From Dezan Shira&Associates AseAn Briefing Issue 25 May 20232IntroductionCreditsPublisher-Asia

2、 Briefing Media Ltd.Lead Editor-Melissa CyrillEditor-Ayman Falak Medina Designers-Aparajita Zadoo,Miguel Enrico AncianoThe Philippines was among the worlds fastest growing emerging markets in 2022,recording a GDP of 7.6 percent.This also represented the countrys fastest growth since 1976.The Southea

3、st Asian nation is working to reduce its reliance on overseas remittances and has gradually developed its domestic industries to move up global value chains in select industries thereby presenting foreign investors with newfound opportunities.Some of the most dynamic sectors in Philippines are busin

4、ess process outsourcing and semiconductor manufacturing,which are slowly contributing to a larger portion of the GDP.The latest issue of ASEAN Briefing magazine features an overview of the incorporation process in the Philippines,along with a discussion of the key economic reforms initiated by the g

5、overnment to enhance the business climate for foreign investors.The magazine also highlights the investment prospects in key industries in the country.With offices located across Southeast Asia and years of experience helping foreign enterprises set up operations in Asia,Dezan Shira&Associates is we

6、ll positioned to assist your company in entering ASEAN markets.For more information,please email us at .With kind regards,Alberto VettorettiALBERTO VETTORETTIPartnerDezan Shira&Awww.india-www.vietnam-www.asiainvestmentresearch.orgwww.china-www.russia- AseAn Briefing Issue 25 May 20233Asia Briefing L