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May 14–17, 2020: Typhoon Vongfong (Ambo) made landfall over Eastern Samar as a Category 3 typhoon, and affected much of Luzon. Preparations for the typhoon were complicated due to the ongoing COVID-19 pandemic. Throughout the Philippines, Vongfong caused around ₱1.57 billion (US$31.1 million) in damage, and killed five people. [31] [32]
This is an accepted version of this page This is the latest accepted revision, reviewed on 5 September 2024. Economy of the Philippines Metro Manila, the economic center of the Philippines Currency Philippine peso (sign: ₱; code: PHP) Fiscal year Calendar year Trade organizations ADB, AIIB, AFTA, APEC, ASEAN, EAS, G-24, RCEP, WTO and others Country group Developing/Emerging Lower-middle ...
Typhoon Vamco, known in the Philippines as Typhoon Ulysses, was a powerful and very destructive Category 4-equivalent typhoon that struck the Philippines and Vietnam. It also caused the worst flooding in Metro Manila since Typhoon Ketsana in 2009. The twenty-second named storm and tenth typhoon of the 2020 Pacific typhoon season, Vamco ...
From its original excise tax of ₱30 in 2017, the tax on tobacco increased to ₱32.50 on January 1, 2018, ₱35 on July 1, 2018, will increase to ₱37.50 on January 1, 2019, and ₱40 on January 1, 2020. Afterwards, it will increase annually by 4% from January 1, 2024.
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.
2018 ASEAN Summits. The 2017 ASEAN Summits or the 30th and 31st ASEAN Summits are diplomatic conferences centering on the Association of Southeast Asian Nations (ASEAN) which were held in the Philippines from 28 to 29 April and 10–14 November 2017. This marks the third and fourth time the ASEAN Summit was held in the Philippines.
The term DuterteNomics was coined to describe the economic policy of the Duterte administration. The term also refers to the series of forums where Duterte's economic team pitches the administration's plan to help the country become a high-middle-income economy by 2022. [2] The policy was unveiled on April 18, 2017, by the Department of Finance ...
Typhoon Saudel, known in the Philippines as Typhoon Pepito, was a typhoon that affected the Philippines, Vietnam and Southern China in October 2020. It was seventeenth tropical storm and seventh typhoon of the 2020 Pacific typhoon season. The name Saudel was used for the first time, replacing Typhoon Soudelor in 2015, which caused serious ...