Monetary & Banking 

Country name:

conventional long form: Republic of the Philippines
conventional short form: Philippines
local long form: Republika ng Pilipinas
local short form: Pilipinas

 

Capital:

Manila

 

Location:

Southeastern Asia, archipelago between the Philippine Sea and the South China Sea, east of Vietnam

 

Area:

total: 300,000 sq km
land: 298,170 sq km
water: 1,830 sq km

 

Population:

86,241,697 (July 2004 est.)

 

Languages:

two official languages - Filipino (based on Tagalog) and English; eight major dialects - Tagalog, Cebuano, Ilocan, Hiligaynon or Ilonggo, Bicol, Waray, Pampango, and Pangasinense

 

Economy- Overview:

 

Industries:

electronics assembly, textiles, pharmaceuticals, chemicals, wood products, food processing, petroleum refining, fishing

 

Exports - commodities:

electronic equipment, machinery and transport equipment, garments, coconut products, chemicals

 

Imports - commodities:

raw materials, machinery and equipment, fuels, chemicals

 

Exchange rates: