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August 16, 2024 at 7:31 AM. By Mikhail Flores. MANILA (Reuters) -The Philippines sought to assure China on Friday that the presence of a U.S. intermediate range missile system on its territory ...
MANILA (Reuters) - The Philippines' poverty rate dropped to 15.5% last year from 18.1% in 2021, with rising food prices limiting the reduction in the number of poor, the government's statistics ...
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 .
MANILA, Philippines (AP) — China expressed its “very dramatic” alarm over a mid-range missile system that the U.S. military recently deployed to the Philippines, and warned it could ...
Income inequality grew during the era of martial law, as the poorest 60 percent of the nation were able to contribute only 22.5 percent of the income in 1980, down from 25.0 percent in 1970. The richest 10 percent, meanwhile, took a larger share of the income at 41.7 percent in 1980, up from 37.1 percent in 1970.
July 2, 2024 at 7:45 AM. By Mikhail Flores and Karen Lema. MANILA (Reuters) -The Philippines and China agreed on Tuesday of the need to "restore trust" and "rebuild confidence" to better manage ...
July 21, 2024 at 6:15 AM. MANILA, Philippines (AP) — China and the Philippines reached a deal they hope will end confrontations at the most fiercely disputed shoal in the South China Sea, two ...
Economic history of the Philippines (1965–1986) Real GDP per capita development of the Philippines, 1965 to 1986. The 21-year period of Philippine economic history during Ferdinand Marcos’ regime – from his election in 1965 until he was ousted by the People Power Revolution in 1986 – was a period of significant economic lows. [1] [2] [3 ...