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The incident was the two countries' latest run-in regarding the Scarborough shoal, a fishing ground within the Philippines' exclusive economic zone that China claims as its territory. "We urge the ...
The Philippines inaugurated a new coast guard monitoring base Friday on an island occupied by Filipino forces in the disputed South China Sea and plans to expand joint patrols with the United ...
This was attributed to the onslaught of Typhoon Rai (Odette) which damaged the leaves of sugarcane plants in the island. [4] Negros Occidental is the country's top sugar-producing province. According to the SRA's Sugar Regulatory directory, the province hosts five out of 12 active sugar refineries for the 2021–22 crop year.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund .
Poverty in the Philippines is a complex issue influenced by various factors, including economic inequality, corruption, and inadequate access to education. The disparity in income across different regions and sectors creates significant barriers for many Filipinos, limiting their opportunities for upward mobility.
What parts of Philippines are affected by typhoon Mawar. 06:47, Stuti Mishra. Typhoon Mawar, locally referred to as 'typhoon Betty', is at its closest point to the Philippines today before it is ...
Because of this growth, the Western Visayas economy increased its contribution to the gross domestic product in 2009 to 7.6 percent from the 7.3 percent in 2008. [49] In Central Visayas, the long-term goal is for it to be the leading growth center in the country, that would steer the Philippine economy into greater heights.
The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring countries like China, Japan, and Southeast Asia.