Population: 1,846,513
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Banking and Finance in Manila: What do you need to know?

five local experts
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From retail banking to investing, here's what five local experts had to say about finance in Manila.

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If moving to Manila, you need to be prepared for a large and diverse city with a vibrant entertainment industry. It’s important to consider the high cost of living and a competitive housing market, so budgeting and planning ahead is crucial. Additionally, familiarize yourself with the city’s traffic patterns and transportation options to navigate the sprawling urban area effectively.

Leizeil, says: 2023

For accommodations, there are a variety of residential types, depending on your budget. Generally, those that are in the middle to rich type of accommodations are safer, but there are also a lot of ‘for-poor’ accommodations.

Francheska, says: 2020

Manila has five star hotels facing Manila Bay. But if you’re in a budget, cheap hotels are so easy to find. You can visit historical places such as Rizal Park and Intramuros. You can visit City’s food parks where you can buy affordable meals and snacks. Manila is the ultimate shopping destination in Metro Manila.

Manila is the capital of the Philippines. Hence, it is heavily congested with people. Because of the large population, there is also a greater amount of pollution, compared to rural areas. Despite these issues, the city of Manila allows their residents to have a wide access to institutions, such as education, health, banks, and others. It is a city teeming with life and abundant opportunity.

Manila, the chief city of the Philippines, is a part of its National Capital Region on the island of Luzon. The city is the center of the country’s economic, political, and social activities. Also, it has a huge part during the World War II. Because of its rich history, there are plenty of historical sites that are now considered as tourist spots. Meanwhile, the city’s name was originally Maynilad, which was derived from the nilad plant that is a flowering shrub seen along the banks of the river in the city.

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