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Transcript of Business ISU
by: Kevin & Danielle
The Philippines is named after King Philip II of Spain (1556-1598) and it was a Spanish colony for over 300 years.
In 1521 Ferdinand Magellan sailed across the Pacific, landed in what is now Philippines, and claimed it for Spain
The Spanish colony brought prosperity to the Philippines for the upper classes.
The Chinese exported silk, porcelain and lacquer to the Philippines, which was re-exported to Mexico
In 1898 a war started between Spain and the USA
On April 30, 1898, Americans defeated the Spanish fleet in Manila Bay
July 12th 1898 Philippines got their independence from Spain
Meanwhile Filipino revolutionaries surrounded Manila
American rule in the Philippines was paternalistic, and their policy was called "Benevolent Assimilation"
They wanted to "Americanize" the Filipinos but it never succeeded
Most common Religion: Roman Catholic
64.9% of the population is Roman Catholic (2005)
Other types of Religions:
Independent Christian "Iglesia ni Cristo" (17.7%)
Traditional Beliefs (2.2%)
$304.90 billion USD or $391.90 billion CAD (2016)
105,306,109 (06 May 2018)
Life Expectancy (2017):
66 years -
73 years -
1 CAD = 40.94 PHP (Philippine Peso)
Trading Relationship with Canada
Have a presidential system
Presidential period lasts 6 years
Rodrigo Duterte (2016-2022).
PDP: People Democratic Party
3 principles of separation:
Execution - Executive:
President and Vice President; grants authority to his cabinet
Legislation - Congress:
Make laws and consist of Senate and House of Representatives
Legal Controversies - Judiciary:
Settles legal controversies and consist of Supreme, and lower courts
Church every Sunday
Most homes have some form of religious altar
Observes Holy Week
Prays to Religious figures/statues
Prays the rosary
Centers their lives around their faith and religious beliefs
Santo Niño (Holy Child)
Jesus as young boy
Can be a major feast
Honour him as he is their protector
Often found in Filipino homes
Recently added 7&8
4 major courses each year
College and University
All levels of education require tuition fees
Ethnic Makeup & Subcultures:
Jerking the head upwards means yes
Putting arms over the shoulder during first interaction is normal
Works Cited Cont'd:
Trading Relationships with Canada:
1. There are 7,107 islands in the Philippines.
2. Banaue Rice Terraces "Hagdan-hagdan palayan ng Banawe" is a man-made attraction that was featured in the movie
The Avengers: Infinity War.
3. There are 175 dialects spoken in the Philippines. However, 4 dialects are unknown because there is no one alive today to speak it. Most common is Tagalog
4. Philippines has the highest amount of coconuts produced and are the highest exporters than any other country
5. Palawan Island has been known to be the best island in the world because of its natural beauty and its beaches
Banaue Rice Terraces
Climate: A Tropical and monsoonal climate
Canada exports to Philippines:
Aircraft and Spacecraft - 18.36%
Meat and edible meat offal - 16.42%
Wood and wood articles, charcoal - 14.53%
Canada imports from Philippines:
Electrical machinery and equipment - 52.66%
Boilers, mechanical appliances, etc. - 7.12%
Fats, oils and waxes - 4.15%
Monochronic; punctuality is expected
Key Tagalog Words/Sentences:
Magandang Araw Po
- Good Day
- How are you?
Gusto ko mag negosyo sa Pilipinas
- I'd like to do business in the Philippines
*When looking for directions*
Paano po makarating sa ____?
-How do I get to ____?
- Thank You
- To buy
Thank You For Your Attention!!
Maraming Salamat Po Sa Attention Nyo!!
Key Natural Resources:
Summer: March-May; ~40deg
Spring: June-August; ~25deg
"Cold Season":October-Jan; ~20deg
Appointments should be made 3-4 weeks in advance (except on Easter week)
They are typically close when doing business
Send an agenda with information about the meeting ahead of time
Important to remain for the period of social conversation at the end meetings
Get all agreements in writing to avoid confusion
Personal relations are important as decisions are often reaches on basis of feelings
It may take awhile to meet the decision maker
Decisions are made at the top of the company
It is difficult for them to say "no". So when they say yes it is most likely a maybe
They do business with people, not companies. If the representative changes, negotiation may start over.
Gifts are much appreciated, but not mandatory.
They should be nice, inexpensive gifts.
Gifts are not opened in front of giver
Accept food/beverages given to you, turning down hospitality may cause them to lose face
Both men and women should dress in appropriate business attire at work and in meetings
Dressing well is vital in earning others respect
Do not remove your suit jacket until the most important Filipino does
Forms of Greeting
Always greet oldest or highest-ranking person at meeting first
Firm handshakes are protocol, and they must be addressed by their titles and surnames until familiarity is established
Customary for visitors to present business cards, presented with two hands faced up
You may not get one in return if you're not equal ranks, when receiving one, take time to study it before putting it away
Population: 12.8 m
History Part 2
In 1935, the Commonwealth of the Philippines was established with U.S. approval, and Manuel Quezon was elected the country’s first president
In December 1941, Japan attacked the US fleet at Pearl Harbor, and on December 10th they invaded the Philippines
They captured Manila on January 2nd, 1941. By May 6, 1942, all of the Philippines was controlled by Japan
American troops returned tot he Philippines in October of 1944 and recaptured Manila on February in 1945
On July 4th, 1946, full independence was given to the Republic of the Philippines by the US.
Manuel Roxas was the first president of the newly independent nation
Today the Philippines is an archipelago of 7,000 islands.
Today the Philippines is still poor but changing for the better, since 2010 the economy has grown by 6% a year