Market Profile

Any Australian business looking to conduct business in the Philippines will need to take local cultural dynamics into consideration.

Most Philippine companies have a hierarchical management style. This slows down the decision-making process as different levels of the hierarchy need to be passed until the final decision maker is reached.

Suits are recommended for business meetings and for more formal occasions, a dinner jacket and tie are suitable.

During first time meetings it is recommended to address the Filipino person by using their surname and title (for example, ‘Secretary Cruz’ or ‘Director Mendoza’) as a sign of respect. After the initial meeting, titles can generally be disregarded in conversation, but it is preferable to use them in correspondence.

More information on doing business in the Philippines

Why ASEAN and why now?

Why ASEAN and why now? Insights for Australian Business. A joint Austrade-DFAT publication examining Australia’s trade relationship with the Association of Southeast Asian Nations (ASEAN), the opportunities and challenges for Australian business engaging with the region and the future of the Australia-ASEAN trade relationship.

Access the publication

PHILIPPINE'S MARKET INSIGHTS AND OPPORTUNITIES

Read bio and full transcript

Facts

  • Imports from the Philippines A$1,612 million
  • Exports to the Philippines A$2,330 million
  • Capital Manila
  • Official Languages Filipino (Tagalog), English
  • Area 298,170 sq km
  • Population 99.4 million

Events

Negotiations & Influence in Asian Contexts (Melbourne)
15 Aug 2016
Be equipped to successfully collaborate, negotiate and resolve conflict when doing business with Asi ...
Negotiations & Influence in Asian Contexts (Sydney)
18 Aug 2016
Be equipped to successfully collaborate, negotiate and resolve conflict when doing business with Asi ...
ExplORE Mining Philippines 2016
22 Aug 2016
Learn the potential of the Philippines mining industry as the new government spells out its mining p ...
ExplORE Philippine Mine Safety and Environment 2016
14 Nov 2016
Learn the potential of the Philippines mining industry as the new government spells out its mining p ...

More Events

Country information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Philippines and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

 

Australia's trade at a glanceAustralia's top ten trading partners

Smartraveller

The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travelers and tourists going to Philippines. This is regularly updated and should be checked before planning travel.

» read more at DFAT

Business risks

Bribery of Foreign Officials

Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.

The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.

OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government.

APEC Business Travel Card Scheme

Managed by the Department of Immigration, the APEC Business Travel Card Scheme was developed to make travelling within the 21 APEC member countries much simpler and more efficient.

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