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Economy, Services

multinational companies, foreign trade, banking, retail trade, currency

In 2000 services contributed 52.9 percent of the GDP. The services sector includes transportation, wholesale and retail trade, the hospitality and tourism industries, currency and banking, and foreign trade. Skilled Filipino labor has prompted some multinational companies to set up service operations in the country to serve consumers in Europe and the United States.

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Article key phrases:

multinational companies, foreign trade, banking, retail trade, currency, service operations, services sector, consumers, wholesale, hospitality, transportation

 
 

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