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English: Republic Act No. 11363 (An Act Establishing the Philippine Space Development and Utilization Policy and Creating the Philippine Space Agency, and for Other Purposes) PDF file on the Official Gazette of the Republic of the Philippines website, signed by President Rodrigo Duterte on August 8, 2019
The goal is to have Central Visayas known locally and internationally as the premier tourist destination and the centre of trade and industry in the country. Booth government and private sectors will work together to accelerate the growth of the regional economy to an average of 7.2 percent to 7.7 percent for 2011–2016. [50]
The Police System of the Philippines poses a high risk of corruption, with the Philippines National Police (PNP) considered to be one of the most corrupt institutions within the country. There are several reports of national police officers and members of the military engaging in criminal activities such as extortion, corruption and involvement ...
The Priority Development Assistance Fund scam, also called the PDAF scam or the pork barrel scam, is a political scandal involving the alleged misuse by several members of the Congress of the Philippines of their Priority Development Assistance Fund (PDAF, popularly called "pork barrel"), a lump-sum discretionary fund granted to each member of Congress for spending on priority development ...
Global share of wealth by wealth group, Credit Suisse, 2021 Share of income of the top 1% for selected developed countries, 1975 to 2015. Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is ...
The National Economic Protectionism Association (NEPA) is the oldest local non-government organization in the Philippines having been established in 1934. The non-government organization was established by Filipino industrialists with the intention of protecting domestic industries, owned by Filipinos, against dominion by foreign interests and competition.
The First Quarter Storm (Filipino: Sigwa ng Unang Kuwarto or Sigwa ng Unang Sangkapat), often shortened into the acronym FQS, was a period of civil unrest in the Philippines which took place during the "first quarter of the year 1970".
The Philippine economy took a big hit during the 1973 oil crisis, but the commodities boom kept the economy afloat. [7] Manufactured exports became a significant growth area, growing at twice the rate of the agricultural exports which had been the Philippines’ traditional export products. [15]