IFEX Philippines 2015 | Asia's ethnic food & ingredients show

Why Do Business in the Philippines?

  • The country's proximity to major Asian capitals
  • The country’s position as 8th top fish producer, 5th canned tuna producer, 3rd top pineapple exporter, and top banana and mango exporter
  • Reduced import duties to 0% by 2015 due to Free Trade Agreements with ASEAN, China, Japan, South Korea, and New Zealand
  • Liberalized retail trade landscape and expansion of more efficient, modern and large-scale supermarket and hypermarket chains
  • 100 million youth-oriented and fast-paced population (64% is aged between 1 and 29 years)
  • "Frequent snacking" culture which favors processed, convenient, and attractively-packaged food and beverages
  • Presence of more affluent, upper-middle income consumers with a growing demand for more sophisticated products, premium labels, and healthier food items
  • Booming tourism industry
  • Robustly expanding Hotel/Restaurant/Café (HORECA) sector
  • Aggressive expansion of retail chain operators