The City of Manila is the capital of the Philippines and a highly urbanised city. As of 2019 it is the most densely populated city in the world.
Makati City is part of the greater Metro Manila region, and the financial hub of the Philippines. It’s known for its skyscrapers, shopping malls, top healthcare facilities, and 5-star hotels and residences. Makati City is also the home to Ayala Center, a major commercial development making it a premier shopping and cultural district.
The city is highly competitive. Whether you are trying to increase your global footprint or starting your domestic business in the Philippines, selecting the right workplace is always a great place to begin your new venture.
The Philippines transformed from a mostly agricultural-based economy to one based on services and manufacturing. The country is blessed with a stable banking system and solid GDP growth, which attract MNCs to start their business in the country.
If you are planning to start your business in the city, here are some considerations you should be aware of:
It is important to know that many of the businesses in Manila/Philippines are family-owned organisations. Consider finding a dependable contact who can guide you through the subtle and cultural nuances to ensure you leave the best impression with your potential prospects.
Filipino businesspeople love to invest their time in building and nurturing new business relationship with others. Connection, rapport and trust are highly valued traits in doing business here.
Sometimes, traffic jams are unavoidable in Manila. Being delayed or slightly unpunctual (within 5-15 minutes) is still acceptable in social occasions. Even the most prepared may struggle with timing in Manila.