When it comes to investing in Asia, the two countries which soak up the vast majority of investment chatter are India and China. And with good reason, they’re the two largest economies in the region.
Yet one of the most compelling stories in Asia right now is an often forgotten about corner– the Philippines.
With a population of almost 100 million, the Philippines has a much larger population than Thailand. It’s a huge, growing market.
I lived in the country for nearly 15 years, and I’ve never seen the economy in better shape than it is today. Optimism is high. The currency is strong. Inflation is modest. And most importantly, the economy is generating loads of new jobs.
Many of these jobs are in service sector industries such as calls centers, software development, and business process outsourcing firms that do accounting and administrative work for global businesses.