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World Trade Center Metro Manila welcomes you to the

46th WTCA General Assembly April 26 to 29, 2015

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Now is a good time to come to the Philippines

Philippine growth prospects

Overall investment climate

Tourism

• Increasing international recognition

• Emerging as one of the world’s top tourist destinations

• High growth of tourist arrivals

• Recognized strong growth potential

• Economic resilience • Emerging as a preferred

investment destination

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Philippines included in the “overweight group” together with China, Russia, Brazil and South Africa in their Global Emerging Markets list (December 2011)

Philippines could become a “breakout nation”(able to beat expectations in terms of growth rate; and grow faster than other countries in the same income class per capita income) (May 2012)

Philippines can be one of the top 10 “growth countries”, or economies that account for at least 1% of global GDP within the decade (January 2012)

Philippines will leapfrog 27 places to become the 16th largest economy in the world by 2050 (January 2012)

Philippines as the top country for long term growth due to the rapid population growth (February 2012)

Philippines recognized for its strong growth potential

Source: Jones Lang Lasalle Leechiu compilation, July 2012

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Highest growth rate in Southeast Asia

One of the highest growth rates in Asia, second only to China

The economy is resilient with better-than-expected GDP growth amid a weak global economic backdrop

Full-year 2012 and 2013

6.8% 7.2% 6.5%

0.0%

2.0%

4.0%

6.0%

8.0%

2012 2013 2014F

Philippines World ASEAN-5

GDP growth

Source: “World Economic Outlook”, International Monetary Fund, April 2014

†

†ASEAN-5 or the original members of the Association of Southeast Asian Nations, includes: Indonesia, Malaysia, the Philippines, Singapore and Thailand

Makati Business District

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Stable growth trajectory as substantiated by recently attained investment-grade status

“Improvements in fiscal management have made government debt dynamics more resilient to shocks”

“The Philippine central bank has done a good job in managing inflows”

“Inflation management track record and proactive use of macro-prudential measures to limit the potential emergence of macroeconomic and financial imbalance is supportive of the credit profile”

March 2013

May 2013

INVESTMENT GRADE

Fitch S&P Moody’s

BBB- BBB- Baa3

“The Philippines’ economic performance has entered a structural shift to higher growth, accompanied by low inflation”

October 2013

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The Philippines is emerging as a preferred investment destination

Country Reasons for investing

U.S.1 Sentiment towards the U.S.

Availability of trained personnel/

efficient manpower

Availability of low cost labor

Office lease costs

Japan2 Cost of doing business

Labor supply

Competitive salary rates

Available incentives

Korea3 Labor cost

Infrastructure (roads and power)

Sources: (1) ASEAN Business Outlook Survey 2012/2013, U.S. Chamber of Commerce and American Chambers of Commerce in ASEAN (2) Japan External Trade Organization (JETRO), March 2012 (3) Korean Economic Daily, a publication owned by a syndication of conglomerates that include Samsung, Hyundai, SK and LG, December 2012

“The Philippine labor force has a good reputation and better English (the global business language) than its counterparts in any large economy in the Asian region.”

“Global Investment Trends Monitor”, United Nations Conference on Trade and Development (UNCTAD), January 2013

John D. Forbes, Senior Advisor at the American Chamber of Commerce of the Philippines, December 2012

“The Philippines is among the countries in Southeast Asia which saw higher foreign direct investment (FDI) flows last year from a year ago even as total flows to the region declined.”

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Philippine trade prospects

•9th year surplus in 2013 at USD 5.085 billion (the Philippines received investment-grade credit ratings last year after posting strong BOP surpluses in recent years)

•Strong BOP promotes a stable currency environment and facilities and healthy build-up of foreign exchange reserve

Strong external position with positive balance of payments

•The Philippines ranked 11th places since 2010 to 64th place out of 138 economies in the World Economic Forum’s Global Enabling Report 2014 due to enhanced market access (11th place)

•The International Monetary Fund (IMF) projects exports to grow as demand picks up in the US and the euro area

• ING projects Philippine exports to increase by 6.4% annually until 2017

Exports outlook

• In light of the uptrends in consumption and investment, imports of goods and services are likely to rise relatively strongly, according to IMF (reinforced by the import intensity of electronics)

• ING projects Philippine imports to increase by 5.4% annually until 2017

Imports outlook

89

6,421

15,243

11,400 9,236

5,085

(20,000)

(15,000)

(10,000)

(5,000)

-

5,000

10,000

15,000

20,000

2008 2009 2010 2011 2012 2013

Current account Capital and financial accounts

Others Balance of payments

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The world’s best country in Business English

From 77 represented countries worldwide, the Philippines attained the top BEI score (7.95), “a BEI level within range of a high proficiency that indicates an ability to take an active role in business discussions and perform relatively complex tasks"

10 Best Countries 1. Philippines 2. Norway 3. Netherlands 4. United Kingdom 5. Australia

Source: GlobalEnglish, headquartered in Brisbane, California, provides Business English communication software to multi-national companies – including Cisco, Procter and Gamble, HSBC, and Pfizer

2013 Business English Index (BEI) Study* by the GlobalEnglish Corporation

6. Belgium 7. Finland 8. Sweden 9. India 10. Singapore

*Employees surveyed in countries for which the official language is English (such as the United Kingdom, the United States and Australia) are non-native English speakers

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The Philippines is "#1 in voice and can be #1 in non-voice BPO services”*

Major global Offshoring & Outsourcing companies in the Philippines

†

*Source: Business Process Outsourcing Philippines †Over 28,000 Accenture employees in the Philippines as of November 2012 (up from 25,000 in 2011)

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At a demographic “sweet spot” with a growing working population expected to shore up economic output and

domestic demand

Total population estimated at 100 million by year-end 2013

One of the youngest nations in Asia with 70 percent younger than 35 years old

Working age population to reach almost 70 percent of the total population by 2050

Total population Working age(15-64), percentage of total

Philippine Population

1950 60 70 80 90 2000 ‘10 ‘20 ’30 ’40 ‘50

mill

ion

s

Percentage to

total

February 2013

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The Aquino Administration

“Governance reform has been a centerpiece of the administration’s policy efforts”

“For the Philippines, [the second credit rating upgrade] is yet another confirmation that Aquino’s reforms have borne fruit, which would help in attracting not just short-term flows, but long-term direct investments”

Transparency

Accountability

Address inefficiency

“Good governance will continue to be the platform of public administration”

Minimize corruption

Source: Philippine Investor Relations Office, February 2013

March 2013

May 2013

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President Benigno Aquino

Included in Time Magazine’s prestigious “Leader’s List” alongside U.S. President Barack Obama and South Korea President Park Geun-hye

Invited to give keynote speech at the World Economic Forum “Partnership Against Corruption” event in Davos, Switzerland

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TOURISM

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The Philippines has emerged as one of the world’s top tourist destinations

One of the 13 “Hottest Travel Destinations of

2013” in its January issue

Number 17 on its list of “46 Places to Go in 2013,” ahead of Bangkok, Paris and Casablanca

One of the top 10 hottest new travel

destinations for 2013

Escaya Beach Resort & Spa, Panglao Island, Bohol Dedon Island Resort, Siargo El Nido, Palawan

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Internationally recognized for its increasing competitiveness

Natural attractions

Price competitiveness

Prioritization of the Travel & Tourism industry

Conducive policy rules and regulations regime

“The Philippines is the most improved country in the Asia Pacific region, ranking 16th regionally and 82nd overall* in travel and tourism competitiveness, up 12 places since 2012.”

Source: :”Travel & Tourism Competitiveness Report 2013“, World Economic Forum, a non-profit foundation headquartered in Cologny, Geneva and established in 1971

*Out of 140 economies surveyed in 2013

Tubbataha Reef Mayon Volcano, Albay

Puerto Princesa Underground River Chocolate Hills, Bohol

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Strong growth momentum from visitor arrivals

Visitor arrivals to the Philippines are on a continuous upward trend

• Philippine tourism achieved a new milestone in 2012 as visitor arrivals surpassed the 4 millionth mark and grew by 9.1% versus 2011

• The country is aiming to hit 6 million visitor arrivals by 2014, and 10 million by 2016

Source: Philippine Department of Tourism

3.5 3.9 4.3 4.6

6.0

10.0

-

2.0

4.0

6.0

8.0

10.0

2010Actual

2011Actual

2012Actual

2013Actual

2014Est.

2016Est.

Visitor arrivals (in millions)

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Easy Access

3 to 4 hours from China, Singapore, Korea and Japan

9 hours from Dubai

11 hours from Los Angeles

15 hours from United Kingdom and New York

Japan

France

PHILIPPINES

Korea

Dubai Hong Kong

Los Angeles New York

China

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No visa required to enter the Philippines for a stay of up to 21 days

No Visa required

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What to Expect in the 46th WTCA GA

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All delegates will be accorded airport assistance and free arrival and departure transfers

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World Class accommodation World Class

Accommodations

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No problem going around because everybody speaks English

Chocolate Hills, Bohol

Shopping Night Life

Tours Dining

Cultural Tours

Shopping

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Savor a fusion of culinary experience from world class cuisine to fastfood restaurants all over the metropolis

Cuisine

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As needed, professionally-arranged business matching may be handled by our competent staff with relevant private companies and government agencies

Meetings

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Day trips to the most culturally-rich spots north and south of Manila or to weekend getaways such as Boracay and Palawan may be made available months in advance of the General Assembly

For those who may wish to stay longer in the Philippines…

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