Overview-Philippines

• The Philippines is an archipelago in the South-East Asia Region with a population of

104.9 million
• The 3rd largest in Southeast Asia by nominal GDP after Indonesia and Thailand.
• The Philippines is located between the South China Sea and the Pacific Ocean.
• The Philippines is primarily considered a newly industrialized country, transition
from one based on agriculture to one based more on services and manufacturing.
• With a rise in life expectancy from 62.2 years in 1980 to 69.1 years in 2016
• The country is facing pneumonia and tuberculosis (TB) as leading causes of death.
• The country also facing a growing incidence of diseases of the heart, vascular
system, malignant neoplasms and diabetes.
Political and legal system
• The Philippines is a democratic and republican State with a presidential form of government
• The President is both the head of State and the head of the Government within a multiparty system.
• Power is equally divided among its three interdependent branches – executive, legislature and judiciary.
• The legislative branch influences the health system by passing laws to improve the financing, delivery
and regulation of the health system.
• The Philippines is an active member of the UN,WTO, the East Asia Summit (EAS), the Asia-Pacific
Economic Cooperation (APEC), and the World Bank,
• The political environment is relatively stable.
• Corruption remains a major problem in the country.
• The constitution of 1987 is the main source of law. The Labour Code of the Philippines enacted in 1974
governs the employment practices and labour relations in the country.
Economic factor
 The Philippines is the 38th largest economy in
the world.
 Its GDP in 2018 was worth $330.91 billion
 Foreign direct investment (FDI) to the country
was worth $8.7 billion in recent years
 GDP by purchasing power parity was estimated
to be at $1.025 trillion, the 4th largest in ASEAN
and 25th in the world.
 Corporate tax rate in the Philippines is 30%.
 GDP growth rate in 2019 was 6%.
 Investing destination because of the low business
set-up cost, strategic location, and skilled
workforce.
Social ,cultural and Environmental factors
• Filipinos are generally very friendly, hospitable,
helpful, and optimistic people. They are also well-
known for their positive attitude and the sense of
humor.
• Both Filipino and English are the official languages
in the Philippines.
• Christianity is the major religion, and Islam is in the
2nd position.
• The country is constantly faces environmental
challenges like earthquakes, typhoons and volcanic
eruptions. It loses around $6.4 billion each year due
to natural disasters and
 FIRM STRATERGY, STRUCTURE AND
RIVARLY
Hospital industry
 Perfectly competitive market
 Entry of global competitor
 Low cost advantage

FACTOR ENDOWMENTS DEMAND CONDITION

• Stable Economy- 3rd largest in south east
• English as the official languages of Asian countries.
instruction. • Increased health-conscious consumers
• Inexpensive and skilled labour • Attractive fiscal incentives and favorable
• Government health schemes economic policies
• Robust financial system • Government universal health schemes.

RELATED AND SUPPORTING INDUSTRIES

• Growth in Number of academic and research
institutions.
• Strong ecosystem of government and private
Hospital.
• Strong ecosystem of pharmaceutical and
medical supply companies,
• Health insurance companies
• Laboratories and drugstores
References
• https://www.gtu.ac.in/ABP/GCSR%20PDF%202013/725%20Philippines%206-.pdf
• Philippine Health Insurance Corporation https://www.philhealth. gov.ph/
• http://aer.ph/wp/wp-content/ uploads/2014/10/AER-PETS-Final-Report.pdf, accessed 9 July 2018.