Quick facts about Manila
Manila is the capital of the Philippines and one of its oldest cities, with landmarks ranging from the Spanish-era churches and a historic fort to modern malls and skyscrapers. Its metropolitan area is home to a staggering estimated population of 15 million people, drawn there by many business opportunities.
Location
Manila is located on Luzon, the largest island of the archipelago. The city stretches along the eastern shore of Manila Bay at the mouth of the Pasig River. The weather is tropical with a monsoon season from June until November. Opening to the South China Sea, the natural harbor has access to the fertile inland areas and other provinces that provide abundant agricultural resources for both local markets and export.
Industries
Manila’s diverse industry is driven by sectors such as food, clothing, electronics manufacturing (with over 95 semiconductor and electronics companies), and high-standard services. Leading food processing firms, including San Miguel Food and Beverages, Inc., RFM Corporation, and Century Pacific Food, Inc., play a crucial role in the economy’s contribution. With its strategic location and one of the most advanced ports in Southeast Asia, Manila acts as a major international shipping gateway.
Business opportunities
Investors can tap into the impressive potential of fast-growing sectors such as accommodation, food and food processing, human health, financial and insurance activities. Additionally, Manila has the largest Business Process Outsourcing (BPO) sector in the country. The city hosts international events, such as the APEC summit and other global business forums in world-class venues.