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sports. 2020 in the Philippines details events of note that have occurred in the Philippines in 2020. This year is largely defined by COVID-19 pandemic that caused of the national economic recession and continued until the state of public health emergency was lifted in the country on July 21, 2023.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [ 31 ] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
Rappler. Rappler (portmanteau of the words "rap" and "ripple") [3] is a Filipino online news website based in Pasig, Metro Manila, the Philippines. It was founded by 2021 Nobel Peace Prize laureate Maria Ressa along with a group of fellow Filipino journalists as well as technopreneurs. It started as a Facebook page named MovePH in August 2011 ...
Website. napc.gov.ph. The National Anti-Poverty Commission (NAPC) is a government agency of the Republic of the Philippines. It coordinates poverty reduction programs by national and local governments and ensures that marginalized sectors participate in government decision-making processes. NAPC was created by virtue of Republic Act 8425 ...
The Philippine Charity Sweepstakes Office (PCSO, Filipino: Tanggapan sa Charity Sweepstakes ng Pilipinas [2]) is a government-owned and controlled corporation of the Philippines under direct supervision of the Office of the President of the Philippines. It is mandated to do fund raising and provide funds for health programs, medical assistance ...
While the money sat in a Philippine government account in Switzerland, successive administration debated what to do with the funds. By 1998 the funds had grown to $570 million with interest, and were transferred to an escrow account in Philippine National Bank. In July 2003, the Supreme Court of the Philippines ruled with finality that the ...
The Securities and Exchange Commission (SEC) filed criminal charges against Kapa-Community Ministry International and its executives, citing an investment scam. [7] [8] President Rodrigo Duterte was the first government official to announce the legal actions, doing so on June 8, 2019, when he ordered the National Bureau of Investigation (NBI) to shut down Kapa.
The Philippines' real GDP contracted by 0.2% in the first quarter of 2020, the first contraction since the fourth quarter of 1998, a year after the 1997 Asian financial crisis. [325] The economy slipped in technical recession after a 16.5% decline was recorded in the second quarter.