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In the Philippines, there are employers' confederations to lobby the protection of firm owners; they also represents the business sector and employers in the country. The most widely known is the Employers' Confederation of the Philippines, which is leads as the voice of the employers in labor management and socioeconomic development. [43]
In business analysis, PEST analysis (political, economic, social and technological) is a framework of external macro-environmental factors used in strategic management and market research. PEST analysis was developed in 1967 by Francis Aguilar as an environmental scanning framework for businesses to understand the external conditions and ...
The Philippine Competition Commission (PhCC) is an independent, quasi-judicial body formed to implement the Philippine Competition Act (Republic Act No. 10667).The PhCC aims to promote and maintain market competition within the Philippines by regulating anti-competition behavior.
With an estimated 800,000 stores across the country, they hold a substantial portion of the domestic retail market. In 2011, the retail sector, consisting largely of micro, small, and medium-sized enterprises (MSMEs) like sari-sari stores, contributed 13% (₱1.3 trillion) to the Philippines' GDP of ₱9.7 trillion.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund.
Benedicto controlled the market by using methods he practiced in Philex, such as: setting the composite price of crops for $0.113 per pound in 1980–81, despite the prevailing international market price set at a minimum of $.027. This meant that the industry received less than half of the market price, while NASUTRA gained the majority of profits.
Micro businesses in the Philippines can be defined according to the size of assets, size of equity capital, and number of employees. A typical micro business is a business that employs nine people or fewer, with assets of ₱3 million and below. In the Philippines, about 90 percent of all businesses are categorized as micro businesses.
Uniwide Sales, Inc. was a retail operator in Metro Manila, Philippines.It was incorporated in January 1975 by Chinese Filipino entrepreneur Jimmy Gow to operate Uniwide commercial shopping centers, such as leasing commercial spaces within the compound of their malls and department stores.