Claiming to be the world’s third largest English-speaking country after the United States and the United Kingdom, the Philippines has tapped into the English language teaching market and carved a niche as the place-to-go for English as a Foreign/Second Language (EFL/ESL) learning. This chapter presents some of the issues regarding EFL in the Philippines, i.e., low-cost factors, quality of teaching, the Philippine English accent and Tagalog-English code-switching and their ramifications on pedagogy, and the need to re-package the whole Philippine EFL label. English language providers in the country claim that they offer top quality learning facilities and small group instruction which lasts from 8 to 12 hours per week. According to Bautista, the code-switching between Tagalog and English is a kind of informal discourse among college-educated, middle-/upper-class Filipinos living in urban areas.