Eugenio classifies Philippine Folk Literature into three major groups: Folk narratives, folk speech, and folk songs.  Folk narratives can either be in prose - the alamat (folklore), the legend , and the kuwentong bayan (folktale) - or in verse, as in the case of the folk narrative . Folk speech includes the bugtong (riddle) and the salawikain (proverbs). Folk songs can be sub-classified into those that tell a story (folk ballads), which are rare in Philippine folk literature, and those that do not, which form the bulk of the Philippines' rich heritage of folk songs.
The Philippine literature is a diverse and rich group of works that has evolved throughout the centuries. It had started with traditional folktales and legends made by the ancient Filipinos before Spanish colonization. The main themes of Philippine literature focus on the country’s pre-colonial cultural traditions and the socio-political histories of its colonial and contemporary traditions. The literature of the Philippines illustrates the Prehistory and European colonial legacy of the Philippines, written in both Indigenous and Hispanic writing system. Most of the traditional literatures of the Philippines were written during the Mexican and Spanish period. Philippine literature is written in Spanish , English , or any indigenous Philippine languages .
The abundant supply of English speakers and competitive labor costs have enabled the Philippines to become a choice destination for foreign companies wishing to establish call centers and other outsourcing .    English proficiency sustains a major call center industry, and as of 2005, America Online (AOL) has 1,000 people in what used to be the US Air Force's Clark Air Base in Angeles City answering ninety percent of their global e-mail inquiries. Citibank does its global ATM programming in the country, and Procter & Gamble has over 400 employees in Makati , a central Manila neighborhood, doing back office work for their Asian operations including finance, accounting, Human Resources and payments processing.