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What are the business industries that are thriving in the Philippines?



The Philippines has experienced significant growth in several key industries over the years, including:


a.      IT-Business Process Outsourcing (BPO)

b.      Energy Sector

c.      Healthcare Sector

d.      Consumer Goods and Industrial Manufacturing

e.      Wholesale and Retail Trade

f.       Construction and Real Estate

g.      Financial Services


Additionally, the Department of Trade and Industry has identified the top five industry sectors based on the number of Micro, Small, and Medium Enterprises (MSMEs):


  1. Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles

  2. Accommodation and Food Service Activities

  3. Manufacturing

  4. Other Service Activities

  5. Financial and Insurance Activities


Together, these sectors account for approximately 86.90% of all MSME establishments in the country.

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