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Introduction to Philippines
 
 
During the past years, protectionism and state intervention have been replaced by economic liberalization and industry deregulation. The Philippines, officially called the Republic of the Philippines, is an archipelago of 7,107 islands in the Pacific Ocean. Located in Southeast Asia, this archipelagic nation is surrounded by neighboring countries, such as, Indonesia, Malaysia, Palau and the Republic of China. The Philippines is the only Southeast Asian country that shares no land borders with its neighbors. Manila serves as its administrative capital. Once, it used be the colony of Spain and Spainiards ruled over it for about three centuries.
 
The administration of the Philippines is divided into 16 regions, 77 provinces, 67 officially chartered cities, 1,540 municipalities, and 41,935 barangays. The Philippines can claim its uniqueness as the only Christian country in Asia because over 90% of the population are Christians.
 
Special Interest -  
• In a country blessed by Mother Nature with unique landscape.
• Vast lands and pristine rainforests
• Visitors hardly experience a dull moment in the Philippines
 
Tourist Attractions
• Being part of the East Indies
•  The Philippines is a vast island group lying on the south and east of mainland Asia
•  Taiwan is to the northwest coast while Borneo is to the south of the country
•  Luzon, the Visayas
•  Mindanao and Palawan make up the four main island groups in the Philippines.
 
Time
Time in Philippines is 8 hours ahead of Greenwich Mean Time (GMT+8)
 
Language
Filipino is the national language, however, English is the business language and is widely spoken.

 
Currency
The currency in the Philippines is the Philippine peso (or piso), divided into 100 centavos (or centimo). Currently (January 2002), the U.S. dollar is worth about 52 pesos, and the euro about 46 pesos. Current are coins of 1, 5, 10, and 25 centavos and 1 and 5 pesos, and bank notes of 5, 10, 20, 50, 100, 200, 500 and 1000 pesos.