Australia and the Philippines: Partners in Prosperity

As strategic partners, Australia and the Philippines are dedicated to strengthening their shared economic security and expanding bilateral trade and investment.

The two countries share a deep trade and investment relationship, underpinned by robust trade agreements such as the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) and the Regional Comprehensive Economic Partnership (RCEP).

The Philippines is an attractive destination for Australian investment, as demonstrated by the recent entry of Anko, one of Australia’s most popular home and lifestyle brands. Anko launched its first Philippine store at Glorietta Makati last November, with plans for additional store openings in 2025.

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Over 250 major Australian companies operate in the Philippines, collectively employing 44,000 Filipinos. These businesses are driving positive change by enhancing skills, facilitating technology transfer, and creating new jobs.