Doing business in the Philippines

In this episode of The Airport Economist Tim is in the Philippines, one of South East Asia's most exciting economies. Find out all there is to know about doing business in the Philippines.
The Airport Economist is your guide to doing business in the Asian Century. Led by renowned economist Tim Harcourt, we'll be visiting thriving markets all across Asia to find out what the emerging opportunities are for doing business there, how to get your foot in the door, learn from companies who are successfully operating there, as well as discover the local culture.
In each episode we'll arm you with all the knowledge and insights you need to take your business international.
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[@sktfan3843]

Intelligently done. Very professional. I am a Filipino living in Australia. Welcome to the Phils. mate!

[@kryptonegalaxy3004]

thanks very informative.......but just this 1st quarter of 2018 Philippines was the top pick for investment according to a foreign review...

[@mardysamar1853]

Thank u so much sir.for giving information about Philippines. MABUHAY ka. God bless

[@dciimbrp293]

Nice Video Body! thumbs up and welcome to my contry Philippines, The Land of Creation of Adams and Eve, the land of Ophir, Tarshish, Havilah Sheva, the new chosen people of Yahuah!

[@jontibloom]

Philippines does have potential BUT for any new investor there are hurdles. They are in my opinion in order difficulty the following 1) Corruption ......present from low level to Government level. The amount of corruption you will need to deal with and pay is linked to the value of the project of business enterprise you are engaging. 2) Importation. Notorious corruption and inefficiency with the Customs. This affects all ports. Manila not unsurprisingly is the worst but be prepared to have to shell out to get your containers cleared at any point of entry 3) Permits and Documentation to do business. The Phil Government would have you believe it is easy and efficient ...It is NOT. very unclear requirements and very little help available t navigate thru the hopeless bureaucracy also factor in local permits. This are controlled on the Barangay (local council) level. Incredibly inefficient and corrupt. You can have all your Government permits in order but still get held up by a local mayor or barangay captain.

[@hometeamrecords3798]

I love ur Video, Finally a very useful Documentary and talks about the Ph Market and its business. JUST AWESOME!

[@kevinferguson8997]

Tim - Thank you for putting together this video. It was informative and a good place to start when considering doing business in the Philippines.
Also, not a lot of content out there on TH-cam regarding this topic. So again, much appreciated.
All the best!
Kevin

[@airporteconomist4074]

Cheers Kevin! Glad you enjoyed it. We hope to be back there soon.

[@FlowerPowerNZ]

Wow, trust a Manila accountant to understate the realities of setting up business in the Philippines. For a more sobering picture consider it's #113 place ranking on the "world bank ease of doing business" index.

[@jamestrueblood1990]

FlowerPowerNZ so right this is a fluffy glossy fake piece it’s not friendly to prospective foreign business owners

[@jamestrueblood1990]

Problem with foreigners who would like to own a small business or even a home is you can’t technically own it outright unlike most all other countries
If they lifted those very restrictive rules medium and small business would boom
I wanted to start 3 medium to small businesses there but I have not rights there even though I’m married to a Filipino which they don’t recognize because we are same sex
So they lost a half million in investment from me

[@levitabacug1943]

Love that accent! Aussie, Aussie, Aussie! Oi, oi, oi!

[@enzophiasiugabal1518]

GO PHILIPPINES!

[@alekdaniels]

I kinda see this as un under-representation of the Philippines as a whole because most, if not all, of the talk is constricted in the northern part of the archipelago.
The southern part has been left out when it is home to major economic developments in the country, predominantly tourism and business process outsourcing services especially the province of Cebu. It's mostly Manila-centric as most international content tends to be.

[@jerichozambrano3530]

the phillipines is the next singapore after 20 years wait and see

[@dormamo6917]

Jericho Zambrano over

[@niallbyrne204]

Horseshit

[@juancarlos898]

Similar statements have been said last 50 years..........LOTS of talk than RESULTS but good luck

[@orliedionela4493]

I love Singapore but don't get me wrong we are way richer than Singapore in terms of natural resources

[@hherbertgautierjr9997]

I want to start an Employment Agency in the Philippines. I need to find a local business manager who understands the government requirements. How do find this person ?

[@Mari-iz5ly]

3:58
5:31
5:40

[@jamestrueblood1990]

It’s also the #1 country that Americans marry while America is friendly to international couples allowing rights and pathway to citizenship they do not ...well it’s extremely messy and complex
All your talking about is huge corporations ya you pay the right government official you can extract and exploit but have no real ties to or interest in the well being of the country because you can own anything outright doesn’t make sense to me

[@dormamo6917]

poverty remain hahay

[@mykonos8198]

every country has poor people lol also phil is a thirdworld what do you expect?

[@fraciscodelapena4198]

If the official is corrupt duterte removed the person or kick him