PALAWAN

THE FILIPINO WAVE

Dubbed as the Next Korean Wave, foreign Investors have just started to pour wealth into the Philippines alongside with the new Burmese Wave in Myanmar-Burma

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Palawan

Palawan is a pristine area with around 1,780 plus islands and islets, where you can find stunning beaches and lagoons that are relatively untouched by modern development.

Palawan attracts many famous people who holiday here due to its beauty, luxury, prestige, and seclusion away from prying eyes, 

The capital of the Palawan Province is Puerto Princesa, which is one of the cleanest cities in the Philippines.

 

Economy

Palawan’s economy is basically agricultural. The three major crops are palay, corn and coconut. Mineral resources include nickel, copper, manganese, and chromite. Logging is also a major industry. Palawan has one of the richest fishing grounds in the country. About 45% of Manila’s supply of fish comes from here. Having natural gas reserves of approximately 30,000 trillion cubic feet, the province is the only oil-producing province in the country. In addition, tourism is also a thriving sector.

Tourism

Known as the country’s last frontier, Palawan has managed to preserve its fascinatingly natural habitat through the years. Situated north of Mindoro and north of Malaysia’s Sabah Island, Palawan is the country’s largest province spanning 1.5 million hectares. An ideal breeding ground for tropical flora and fauna, Palawan has more than a thousand islands and islets where monkeys, squirrels, bear cats, and zebras thrive with wild tropical plants and corals.

Palawan’s population follows the same pattern. The province has attracted people of all backgrounds and it is said that today’s Palawenos is a fusion of 81 different cultural groups. Foreigners, too, have grown to love this quiet province.

 

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