Manila

Economy

Manila's economy is multi-faceted. Diverse products, such as chemicals, textiles, rope, coconut oil, and shoes, are manufactured within the metropolitan area. Food and tobacco processing also employ many residents. With its excellent protected harbor, Manila serves as the nation's principal port. In addition, it is the financial and publishing center for the Philippines. The widespread use of English gives the city an advantage in international trade not shared by many Asian cities. Manila shares the problems of many large cities, however. It is overpopulated, and municipal agencies struggle to keep up with the demand for services.