NEWS: MFAT - Market Intelligence Report

New Zealand Ministry of Foreign Affairs & Trade


Bilateral trade between the Philippines and New Zealand is returning to pre-pandemic levels. The rate of economic growth for the Philippines continues to exceed predictions, but nonetheless is expected to face significant slowdown as the year unfolds, due to global conditions.

The coming into force of the Regional Comprehensive Economic Partnership (RCEP), together with the new legislation and the foreign visits of President Marcos Jr, are expected to increase Foreign Direct Investment into the country.

The areas of significant potential in the Philippines for New Zealand business are in renewable energy, enhancing economic, environmental and social deliverables, and in back office support and skilled labour.


Read more here. . . Market Intelligence Report