Republic of Philippines is the world’s 12th most popular country of the world consisting of 7,107 islands located in the Western Pacific Ocean South East Asia. Philippine headline news can be their economy which is 45th largest in the world, that means if you’re looking to invest in stocks Philippine stock exchange is a good idea as their GDP for 2008 was over US $168 billion. This is great considering the global financial crunch.
Philippine with their clear sand beaches has always been an attraction to the tourists making Philippine travel agency a big revenue-generating unit for their economy.
Now let’s look at some other things about Philippines. Philippine flag is a four-color flag with Yellow, Red, Blue and White in it. Philippines is one of the two catholic countries in Asia. People belonging to Islam Buddhism and Hinduism live all together here. Philippine airline is called PAL (Philippines Air Line) and due to the vast tourism and trade, occurring in country the airline gets a good yearly income. It is said that about 40000 years before people lived in Philippines and the people living there belonged to a large community of people so it is not surely said that who were the first one to habitat in that area. Now many of the people who firstly originated from Philippines.
Philippines is also very keen to keep good relations with foreign countries on the basis of peace, democracy and trade. The Philippine embassy in Canada and many other embassies hold good relations with the government apart from domestic issues the security and well being of 11 million Filipinos also a major interest of the Philippines government. Philippines has been an active member of united nations and has proved that Philippines long distances with developed countries is not so far to be finished .being a very active member it has been also elected as a member of national security council . Philippines itself the condition is very stable due to the high-income ratio.
Philippines based on its rapid development will be standing among the super power of the world that makes the rules on earth on their choice.
