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The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. 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 .
April 6, 2024 at 3:42 AM. MANILA/SHANGHAI (Reuters) - The Philippines and China traded accusations on Saturday over an encounter in disputed waters of the South China Sea, in an escalating row ...
April 27, 2024 at 12:27 AM. tpMANILA (Reuters) - The Philippines on Saturday denied a Chinese claim that the two countries had reached an agreement over an escalating maritime dispute in the South ...
2022–2023 Philippine sugar crisis. There has been a noted shortage of supply of sugar in the domestic market of the Philippines after a poor harvest of for the 2021–22 crop year. This led to the price increase of the commodity and there has been suspicions of traders taking advantage of the situation through hoarding and/or smuggling.
Philippine lawmakers are considering efforts to amend the country's constitution to ease restrictive provisions on economic ownership, a top congressional leader said on Monday. "We want to lift ...
National Economic and Development Authority. / 14.5783°N 121.0600°E / 14.5783; 121.0600. The National Economic and Development Authority ( NEDA; Filipino: Pambansang Pangasiwaan sa Kabuhayan at Pagpapaunlad) is an independent cabinet-level agency of the Philippine government responsible for economic development and planning. It is ...
PI movement and alleged bribery. In January 2024, the People's Initiative for Reform Modernization and Action (PIRMA) initiated a PI attempt. [18] The proponents suggested that both chambers of Congress, the House of Representatives and the Senate, should vote jointly on the proposed amendments in a constitutional assembly.
MANILA (Reuters) -Philippine President Ferdinand Marcos Jr. will meet U.S. Secretary of State Antony Blinken on March 19 to tackle cooperation and security matters, the office of the Manila leader ...
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