Old thread, but here goes: since 2015, Thailand has had one dictator and TAT has actively pursued mass tourism from China, Russia and India. Philippines have built a new airport in Bohol, upgraded Mactan, cleaned up Boracay. Thailand has better Thai food, but Philippines has better Western food.
Many long term expats moved to Thailand a long time ago. Staying in Thailand long term takes considerable monthly reports to immigration or visa runs while in the Philippines you can literally live there for three years on a tourist visa. Getting an ARC in the Philippines is pretty cheap. Outside of Western expats, Philippines has mostly Koreans and Japanese. Infrastructure is better in Thailand, but also not great - bad traffic, sewers flood during rain, etc.
I think of the Philippines as Thailand twenty years ago. Not for everyone, but should it be? If you want first world amenities, you should expect first world prices.