(WIPO code: PH) (latest review November 2023)

by ROMULO, MABANTA, BUENAVENTURA, SAYOC & DE LOS ANGELES, Attorneys-at-Law, Makati City

General Information

Area

About 7,107 islands with an area of 300,000 sq. km.

Population

117.34 million (2023).

Principal cities

Manila (capital and chief port), Makati (business center), Quezon City, Pasig, Taguig, Parañaque and Caloocan, comprised, inter alia, within a metropolitan center called Metro Manila.

Languages

Filipino, English, Spanish, Chinese and eight major local dialects.

Religion

The Filipinos are predominantly Roman Catholic (86%), the rest being Protestant born again Christians, and Muslim.

Currency

Peso.

Geography

Three main island groups: Luzon, Visayas and Mindanao, located in the heart of Southeast Asia, surrounded by the Pacific Ocean on the east, the Celebes (sulawesi) Sea on the south, the South China Sea on the west, and in the north by the Bashi Channel.

Major industries

Agriculture, shipbuilding and repair, automotive, aerospace, electronics, mining and extraction, offshoring and outsourcing, and tourism.

Principal imports

(September 2023): electronic products (21.5%), mineral fuels, lubricants and related materials (14.5%), transport equipment (11.3%).

Principal exports

(September 2023): electronic products (60.8%), mineral products (4.2%), and other manufactured goods (4.1%).

Export markets

(September 2023): Japan (8.1%), Indonesia (8.8%), Thailand (8.2%), Japan (8.1%), People's Republic of China (25.6%), Republic of Korea (6.8%).

General Remarks

The country has adopted progressive legislation to attract investments in certain key areas. Emphasis has likewise been placed on the liberalization of investment, trade and foreign exchange policies, the privatization of government corporations and the development of regional industrial centers and export processing zones.

Rice is the staple native food cereal. Other significant crops are coconut, corn, sugar and bananas.

The Philippines possess large but relatively undeveloped mineral resources. It is among the world’s top producers of gold, copper and chromite. The Philippines geothermal reserves rank second in the world. Oil has also been discovered.

On January 1, 1998, the present Intellectual Property Code of the Philippines, which consolidates all intellectual property laws in the Philippines, including those governing technology transfer agreements, became effective. On August 21, 2001, President Gloria Macapagal-Arroyo signed into law Republic Act No. 9150, otherwise known as An Act Providing for the Protection of Layout Designs (Topographies) of Integrated Circuits, Amending for the Purpose Certain Sections of Republic Act No. 8293. On June 7, 2002, President Arroyo signed into law Republic Act No. 9168, otherwise known as an Act to Provide Protection to Plant Varieties, Establishing a National Plant Variety Protection Board and For Other Purposes. On February 10, 2004, the Optical Media Law or Republic Act No. 9329 was signed into law. As a result, the intellectual property laws have been significantly amended and strengthened to protect intellectual property rights.

 

Statistics (for the year 2023) Grants/Registrations
Patents 1,585
Utility models 252
Trademarks 23,118
Industrial designs 520