Manila is best known as the capital of Philippines or simply the city of man and to mention the facts it is the second largest city of the Philippines with the population of 1,652,171 and the most populated city after Quezon City. Historically, Manila is the worlds’ first global city and has its strength in the arts, commerce, education, entertainment, research etc. |
Manila’s economy is multifaceted and diverse and there are various business listing Manila. Talking about the Manila is various business listings, one of the major business areas contributing to the country’s economy is its excellent protected harbor, and it serves as the chief support of the country. There are also diverse producers of industrial related products, which includes of textiles, chemicals, electronic goods and clothing besides all these areas food & beverage and tobacco products are also produces.
Tourism in Manila is also a business, which attracts more than one million tourists every year, and tapping the finance scenario of the country then Manila had approximately 1.6 billion cash at hand according to the statistics of 2011 while its gross operating expenses were 2.97 billion. Other notable features that Manila has and attracts the tourist to the city is Rizal park and the historical monuments that the city has and other areas which adds up to the city’s income is its shopping centers as the city has fabulous shopping centers or it can be also said as the hub for all the shopping lovers.
Philippines are officially known as the Republic of the Philippines and it is a sovereign island country situated in the South East Asia in a western pacific ocean. The country has a total population estimate of more than 98 million people and the multiple ethnicities are found throughout the Island. The country traces their history back to the tribal period, Tantric period, Islamic Period, Hispanic Period etc.
The national economy of the Philippines is the 40th largest in the world with an estimated gross domestic product of $250.436 billion. Primary exports include semi conductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil and fruits. Major trading partners include the United States, Japan, China, Singapore, South Korea, the Netherlands, Hong Kong, Germany, Taiwan, and Thailand. Its unit of currency is the Philippine peso. The Philippines economy is heavily dependent on foreign direct investments, which serves as the source of foreign currency. There are many government listing Philippines, which help the country to grow. There are various restaurants, Hotels & Resort, Health & Spa, Art and Entertainment, which serves as a part of the government listings and forms the basis or revenue for the country.
Philippines being one of the largest economy of the world has many areas which are tapped and untapped and the government authorization to the untapped areas helps in exploring and expanding and thus, they also become the part of the tapped market areas which helps the country to prosper and eventually there is rise in the country’s national income and gross domestic product.
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