Lolalolo’s Weblog











{November 20, 2007}   Investing in The Philippines

The Philippines represents an enormous opportunity for investment for companies who take the time to check out what this country has to offer.

The Philippines is open to foreign investment and is committed to the liberalization of the service sector in accordance with WTO guidelines. Indeed the Philippines was one of the founding members of the World Trade organization. We offer special incentives to companies that invest into priority areas as designated by the government.

We have a skilled workforce that has been educated with English as the primary means of instruction. The overall literacy rate of the population is above 94% and among college graduates more than 99% have a professional proficiency in English. What is more our people speak English as one of our national languages making them oral/aural proficient. This is especially important in call center and customer support operations. The Philippines is already excelling in these areas.

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