Akamai recently published their State of the Internet Report for Q1 of 2015, showing the Philippines with an average Internet speed of 2.8Mbps.
According to Akamai, the Philippines has an average speed of 2.8Mbps for Q1 2015 (2.7Mbps in Q4 2014) which places it at a Global Rank of 104 or 13th among the 15 countries on the list. See table below:
In terms of average peak speeds, the Philippines still has a long way to go at 20.3Mbps (21.9Mbps in Q4 2014) with a Global Rank of 94. Akamai notes that the Philippines is the only country that posted a decline when it comes to quarter-over-quarter changes at -7.4%. See table below.
Singapore, Hong Kong, and South Korea still maintain their lead when it comes to Internet connection speeds among both the surveyed Asia Pacific countries/regions and the world.