Friday, September 21, 2012

...the expat-friendly PH

Editorial

Expatriates-Friendly Philippines

September 21, 2012
Manila Bulletin
 
 
MANILA, Philippines — Expatriates working in the Philippines enjoy their stay in the country, largely due to the hospitality of Filipinos. They easily adapt to the country’s culture. This is reflected in the recent survey by the United States Chamber of Commerce on the Association of Southeast Asian Nations (ASEAN) Business Outlook 2012/2013.

Results of the survey showed that two out of five or 40 percent of American firms in the Philippines said they regularly receive requests from employees based in other parts of the world to work in the Philippines. This is an increase from 21 percent in 2011 and 15 percent in 2010. All the surveyed American firms operating in the Philippines answered yes when asked: “Are your expatriate employees generally satisfied with their assignments in your response location?” The 100 percent score is an increase from 93 percent in 2011 and 86 percent in 2010. More and more employees also want to stay in the Philippines longer, the survey showed further. The country’s strengths include its positive relations with the US, availability of skilled manpower, low cost of labor and lease costs.

The survey polled 356 senior executives who work for American companies in Southeast Asia. It showed that an increasing number of US companies plan to shift their overseas operations to Southeast Asia over the years. In the Philippines, 92 percent of respondents “maintain a positive outlook for the ASEAN region as an investment opportunity for their companies.” The surveyed executives see member-countries of the ASEAN as being favorable for doing business in. Of the ASEAN member countries – Singapore, Malaysia, Indonesia, Thailand, Vietnam, the Philippines, Myanmar, Cambodia, Laos and Brunei – the Philippines and Malaysia are top choices for expansion, each country receiving 27 percent of the votes from those polled.

An earlier HSBS Expat Explorer Survey ranked the Philippines as the world’s 8th friendliest country for expats. It rated 31 countries based on a survey conducted among 3,885 expatriates. Respondents scored their host countries based on four categories: Easy to befriend locals, learn the local language, integrate to local community, and fit into the new culture.

We wish Department of Trade and Industry Secretary Gregory L. Domingo and Department of Tourism Secretary Ramon R. Jimenez Jr., all the best and success in their combined efforts to showcase the Philippines before the international community. CONGRATULATIONS AND MABUHAY!

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