Market Outlook: The Philippines

In 2017, the Philippines' GDP grew by 6.7 percent - one of the fastest growth figures among any of the Southeast Asian countries. Growth in 2018 exceeded 6 percent and the IMF, World Bank and similar organisations have projected this positive trend to continue for many years to come.

The Philippines' economy is thriving and is showing no sign of diverging from this upward trajectory. Being the second most populous country in Southeast Asia, among the fastest growing markets globally and with prospects of continued high growth, there are good reasons for Swedish companies to be optimistic about the future of the Philippine market. Business-friendly reforms and priorities are also now in place to make it easier to enter this market.

Nevertheless, lagging infrastructure, corruption and bureaucracy are the common impediments holding Swedish companies back from succeeding in the country. The current administration has embarked on an ambitious journey to address these issues, which include massive infrastructure investments as well as a progressive social reform agenda. But what is the recipe for success to overcome the many challenges in the Philippines today?

In our Market Outlook session, Mr Ulf Wennblom, Country Manager Business Sweden Philippines, will share his knowledge and expertise of doing business in the country. This includes a deep dive into the following current trends:

• The increased reliance on private sector driven infrastructure projects (PPP) by many conglomerates
• Liberalization of foreign ownership for corporations
• The increase in loan commitments to the Philippines by the Asian Development Bank.

Don't miss out on getting the latest on what it takes to succeed for a Swedish company in the Philippines as well as how to grasp the growth opportunities inherent to the economy in the market.

Agenda:

8.15 - 8.30 Registration and Breakfast

8.30 - 9.30 Presentation by Mr Ulf Wennblom

9.30 - 10.00 Q & A