The Philippine economy is now growing at a relatively fast rate due to the increase in jobs being offered for Filipinos locally and abroad. business opportunities in the Philippines are now increasing significantly especially if you are targeting the market of the “balikbayans” or the over seas Filipino workers who have now retired carrying with them a good amount of savings. The Real estate business here have boomed because almost every Filipino would like to have their own land. The market for luxury products as well are growing. In the past 10 years more and more Filipinos are actually looking for signature bags and clothing.