I thought the Samsung Galaxy Y is the cheapest Android phone in the Philippines to date and I was wrong. I was Googling around and found that Globe Telecom Philippines has this Android phone Cloudfone Ice U8500 by Huawei. http://topkitch.net/white-kitchen-cabinets.html
Globe Cloudfone Ice price is Php 4,990 for prepaid and free for Plan 499.
Huawei Cloudfone Ice 8500 specs:
OS: Android 2.1 Eclair
Display: 3.2″ display (320×480 pixels)
Connectivity: WiFi (b/g/n), GSM, HSDPA
FM Radio: Yes