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The effective interest rate (EIR), effective annual interest rate, annual equivalent rate (AER) or simply effective rate is the percentage of interest on a loan or financial product if compound interest accumulates in periods different than a year. [1] It is the compound interest payable annually in arrears, based on the nominal interest rate ...
AER writes weekly columns in two major Philippine business dailies. Yellow Pad is published in the BusinessWorld and takes on political, social and economic policy issues affecting the Philippines. Manuel Buencamino writes political commentaries for AER in the Business Mirror column, called Dispatches from the Enchanted Kingdom.
List of initialisms, acronyms ("a word made from parts of the full name's words, pronounceable"), and other abbreviations used by the government and the military of the Philippines.
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 .
The Philippines, [f] officially the Republic of the Philippines, [g] is an archipelagic country in Southeast Asia. In the western Pacific Ocean , it consists of 7,641 islands , with a total area of roughly 300,000 square kilometers, which are broadly categorized in three main geographical divisions from north to south: Luzon , Visayas , and ...
[6] [7] At the time, local mean time was used to set clocks, meaning that every place used its own local time based on its longitude because the time was measured by locally observing the Sun. Philippine Standard Time was instituted through Batas Pambansa Blg. 8 (that defined the metric system ), approved on December 2, 1978, and implemented on ...
The Universal Access to Quality Tertiary Education Act, officially designated as Republic Act 10931, is a Philippine law that institutionalizes free tuition and exemption from other fees in state universities and colleges (SUCs), and local universities and colleges (LUCs) in the Philippines. The law also foresees subsidies for private higher ...
Poverty incidence of Siquijor 5 10 15 20 25 30 2000 26.46 2003 24.34 2006 28.90 2009 27.02 2012 18.60 2015 25.22 2018 13.10 2021 5.72 Source: Philippine Statistics Authority The major economic activities include farming, fishing, woodcraft and furniture making, basket making, peanut processing, banana chips processing, and bakery. Transportation Although Larena has the larger port on the ...