phillippines power point internationl business melinda janeiro
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The Philippines have several strong economical neighbors. One of the largest economical countries would be China. Malaysia is to the South of the Philippines and is one of the largest oil and natural gas exporters. Japan is North East of the Philippines and is one the 3rd largest economic country. For more articles regarding globalization please check out http://www.associatedcontent.com/article/2808740/advantages_and_disadvantages_of_mersocur.html?cat=55TRANSCRIPT
PHILIPPINESINVESTMENT POTENTIAL
OR RISK? SEO Technological Marketing
By: Melinda Janeiro
Outline Philippines neighbors and their economic strengths Regional Economic Overview Strong Economic Sectors of Each Neighboring
Country Philippines Economic Complimentary Performance Philippines Economic Competitive Performance Investment Considerations by Management Areas for further research References
Philippines/Southeast Asia Regions
China- 2nd Largest Economy in the World and fastestGrowing in 30 Years.
Malaysia- Large Oil and Natural Gas Exporter and Multi-sector economy
Japan- 3rd Largest Economic Country in the World
Regional EconomiesRegional Economic Overview
China is one of the strongest economic countries in the world
China has a growth rate of 11.6% as of 2006
Malaysia is currently working to attract foreign investments
Regional Economies
Malaysia is a large producer of raw materials,Including Oil and Natural Gas
Malaysia is diligently working to become more domestic &Less dependent on exports.
Japan has a strong labor force And technological advancesJapan is debating on economic reform
Regional Economies Strong Economical Sectors
Country Economic Sectors
Strong Economic
Sectors
Comments
ChinaMining, Ore Processing, Machine building, Textile and Apparel
Foot Wear, Toys, Electronics, Transportation Equipment, Telecommunications Equipment
Although China is ahead on the
technology they are still very dependent on
exports and imports.
MalaysiaPalm Oil, Rubber,
Textiles, Chemicals, Electronic Equipment,
Wood and Wood Products
Petroleum and Liquefied Natural Gas
Heavily dependent on imports from
electronics, machinery, plastics, vehicles, iron
and steel products.
Continuation of Regional Economies Strong Economical Sectors
Country Economic Sectors
Strong Economic
Sectors
Comments
JapanSteel and Nonferrous Metals, Ships, Chemicals, Textiles, Processed Foods
Motor Vehicles, Electronic Equipment, Machine Tools,
Japan is one of the largest technologically
advanced in Motor Vehicles.
PhilippinesChemicals, wood
products, food processing, petroleum
refining, fishing
Electronics assembly, garments, footwear,
pharmaceuticals
25% of the Philippines exports goes to China trailing by the US at
12%.
Philippines Economic Complementary Performance
Introduced economic reforms and initiatives to stimulate business growthAnd foreign investments.
Better regulations on Banking systems and Securities market.
Liberalized foreign participation in retail trade
Tariff reduction
Philippines Economic Competitive Performance
The Philippines ranked 43rd in competitiveness among 57 countries
Competitive Factors Ranking
Economic Performance 51 out of 57
Government Efficiency 42 out of 57
Business Efficiency 32 out of 57
Infrastructure 56 out of 57
Investment in Philippines Management Considerations
The Philippines are in an economic down turn and should be closely monitored for improvement.
They depend heavily on exports, however, they are more self Sufficient than China or Japan
They are implementing new reforms for foreign investments.
Even after their drop in rankings they were still very competitive last year.
Conclusion and Areas For Further Research
The Philippines is at this time experiencing a time of economic growth with
an optimistic outlook. Although we might expect national development to
accompany economic growth, various economic, political, and socio-cultural
conditions in the Philippines still present challenges to national development
to be explored further.
ReferencesNational Bureau of Statistics (2004), China Statistical Yearbook, Retrieved from http://www.chinability.com/GDP.htmU.S. Library of Congress (2009), Philippines, Relations with Asian Neighbors, Retrieved from
http://countrystudies.us/philippines/93.htmCentral Intelligence Agency, (2009, October 8), The World Fact book, Malaysia,Retrieved from
https://www.cia.gov/library/publications/the-world-factbook/geos/my.html Central Intelligence Agency, (2009, September 29), The World Fact book, Japan, Retrieved from
https://www.cia.gov/library/publications/the-world-factbook/geos/ja.htmlCentral Intelligence Agency (2009, September 30), The World Fact Book, China, Retrieved from https://www.cia.gov/library/publications/the-world-factbook/geos/ch.htmlAsian Development Bank (2006, April 6), Philippines Economic Performance, Asian Development Outlook, Retrieved from http://www.adb.org/Documents/Books/ADO/2006/documents/phi.pdfMontepiedra, M., (2009, July 14), State of Philippines Competitiveness, The Asian Institute of
Management , Retrieved from http://www.theaimblog.com/2009/07/state-of-philippine-competitiveness.html