That is a very broad question. Do you mean how much does it cost to live in the Philippines? The cost of living in the Philippines is much less than it is the USA or other Western nations. However,...
An embassy is a presence one country maintains in another country for diplomatic and commercial reasons. No country has an embassy in its own territory - so there can be no Phillipine Embassy...
Ruy Lopez De Villalobos named Philippines after Prince/King Phillip II of Spain, which is the king of Spain in that period. He named it after him because of his joy.