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TESZARA Philippines map

The Philippines

Climate: tropical climate dominated by a rainy season and a dry season

Population:  105,341,062 (2018)

Total Land Area:  301,780 km²

Official Languages:  English and Filipino

Currency:  Philippine Peso

is defined by its emerald rice fields, graffiti-splashed jeepneys, smouldering volcanoes, bug- eyed tarsiers, fuzzy water buffalo and smiling/hospitable people.

The Republic of the Philippines is an archipelago in South East Asia composed of 7,107 islands with Manila as its capital. It is blessed with rich natural resources and miles of beautiful beaches with a coastline of more than 36,000 kilometers.

From the historic town of Intramuros to the sprawling urban Manila to the relaxing and secluded El Nido, the Philippines has something for everyone.

Aside from the diverse tourist spots the country has to offer, the megacities are also worth looking at as an investment opportunity.




Makati is the heart of the financial, commercial and economic centers of the Philippines. It is the home of the Philippine Stock Exchange, the Makati Bussines Club and various foreign embassies. 

Despite its metropolitan culture, the City has been named by the Philippine Retirement Authority (PRA) as “Most Retirement and Ageing-Friendly City,” in the country having complied with the age-friendly city criteria of the World Health Organization (WHO).



Bonifacio Global City (also known as Fort Bonifacio) is a highly urbanized district in Taguig City, Metro Manila, Philippines.


Once an American military base, BGC is now home to the corporate headquarters of international firms such as Accenture, HSBC, Deutsche Bank, JP Morgan Chase; upscale residential condominiums;  several major shopping malls; a world-class hospital; foreign embassies; and international schools such as the British School Manila, International School Manila and Manila Japanese School.



Ortigas Center is a convenient, well-connected, Manila's second largest business district.  It sits on the border of three cities: Quezon City, Mandaluyong City and Pasig City.


It is home to many shopping malls, skyscrapers, condominiums,  restaurants, offices and a lot more.   It is also the headquarters of San Miguel Corporation, ADB, Jollibee Foods Corporation, the Philippine branch of HSBC and Robinsons Galleria.

“... a dazzling market with its open business climate, impressive economic performance, and huge opportunities across a range of sectors...”

“Philippines is a bright star in a dim sky’ over region…”

Economic Drivers of

the Philippines

TESZARA Philippines map



The Philippines

ASEAN's GDP Growth in 2022 



The Philippines' Growth Engine Fueled by These Factors

The BPO Revenue   2022


about 10.3% growth from previous year

1.57 million

Total number of full-time employees in the IT-BPO industry remained the same 

Philippines BPO revenue

Overseas Filipino Workers Remittances   2022


Listening at the Meeting

Full year

3.6% growth from previous year 

USA, Singapore, Saudi Arabia

Source of 54.2% of remittances

Tourism   2022


2,465.75% increase from 2021

Jobs created


Tourist Arrivals


top markets United States, South Korea and Australia

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Source:  Ayala Land, Inc. 2023

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