Had seen this in the internet and wish to inform you of the same:
PayPal Now Available in the Philippines
Just quoting the same:
"As of today, October 12th, 2006, PayPal is available in the Philippines. This is only on a limited basis, though, since users from the Philippines could only use PayPal to pay for transactions online.
Users are also limited to sending up to $100 unless one verifies using a credit or debit card.
As of this time, it is still not possible to do the following:
* Load up one’s account thru credit card
* Receive funds
* Withdraw funds into a local bank account."
Please read the full story, and hope that it helps you.
Were you able to get the funds?