Grab It While It's Hot: Why Now Is the Best Time to Invest in the Philippines

The Philippine economy is on a roll.


Last year the Philippines is second only to China in Bloomberg’s list of the world’s fastest growing economies. Then it surged ahead with a 6.9% GDP growth in the first quarter of 2016, overtaking China’s regional lead for the first time. It further improved to a second quarter growth of 7%, with the industry and services sectors as its largest drivers.

Best time to Invest in the Philippines Quote


On the strength of these figures, businesses are now clearly eyeing the Philippines as one of the top places for investments. International investment banks such as Credit Suisse, Nomura Singapore Ltd, and recently by JPMorgan & Chase, have raised their growth estimates for the country. In its 2016 World Investment Report by the United Nations Conference on Trade and Development (UNCTAD), the Philippines lands the 11th spot among the top 15 list of preferred global investment destinations for 2016 - 2018.


One thing is crystal clear: there is now no better time to invest in the Philippines. Whether it be in stocks, real estate, or business, entrepreneurs are entering one of the best times to make money by investing in the country.


Now here’s an idea: if you’re looking to grow your business, reinvesting in your company might mean investing in the Philippines. How so? Outsourcing. [More on: Why outsource to the Philippines]


CloudEmployee-Invest-in-the-Philippines Quote


To many, reinvesting in one’s business with the purpose of growing it usually requires a significant amount of money. It is as they say, “it takes money to make money.” However, reinvesting does not only mean some form of cash injection. Investment, as the pros well know, is essentially a well-thought out strategy - a smart allocation of time, energy, expertise, and capital.


This is where you leverage outsourcing. With the advantages outsourcing is known for, growing your business by outsourcing to the Philippines can be a smart move. Consider this in the context of:


(1) the fast-growing trade between the UK and the Philippines in the wake of Brexit (according to Chris Nelson, Chairman of the British Chamber of Commerce Philippines),


(2) the interest British firms show in doing business in the country (notably in power, food, and beverage, retail, IT services, pharmaceutical, product distribution), and most recently,


(3) the courtesy call of UK Ambassador and trade envoy to current President Duterte.


With benign inflation forecasted for the next two years, low-interest rates, strong growth numbers, government plans of increased spending in the country’s infrastructure and human capital, and easing of restrictions on foreign investments, it’s high time indeed to consider doing business in the Philippines.



In search for a dedicated developer to grow your business? Let Cloud Employee help! Talk to us, learn how Cloud Employee works, or check out our Developer Pricing Guide. You can hire offshore developers with us across these technologies.

a laptop viewing an email

Be up to date!

Sign up for our newsletters and get our latest outsourcing and tech news, and exclusive promotions.

Join Our Newsletter!

Receive weekly newsletters on outsourcing, tech and exclusive promotions.

Featured Article

HR Flexibility for the Growing Company
HR Flexibility for the Growing Company
UK to set up regulator for big tech companies
UK to set up regulator for big tech companies

Be up to date!

Sign up for our newsletters and get our latest outsourcing and tech news, and exclusive promotions.


This website uses cookies to enhance your browsing experience. By continuing to browse you are agreeing to our cookies policy.