Like other ASEAN member countries, the Philippines are a major destination for global investment. FDI stock represents one tenth of the value of the Philippine’s GDP, 35% of which is from Japan – $731 million flowed inwards during 2012 alone.
With a forecasted growth rate of 9.7% per year for the next half decade, and an expectation to transition into a “Higher Middle Income Country” by 2018, the Philippines are likely to attract even more international investment in the near term. As competition heats up, PwC can bring a full suite of services, geared towards helping Japanese companies enter or build out their existing presence here.
In total, PwC operates with 900 professionals in the Philippines. Isla Lipana in Manila, part of PwC Philippines, was founded in 1922. More than 90 years later the Firm has a thriving practice. With more than 600 companies registered with the Japanese Chamber of Commerce in the Philippines, the Philippines Firm recognizes the need to offer services tailored to their needs. PwC can deliver specialized knowledge to Japanese clients in the region from our in-house Japan experts.