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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.
The first ever trilateral summit involving the United States, Japan and the Philippines would be held at the White House in Washington D.C. on April 11, 2024. [ 2 ] This followed joint meeting between national security advisers of the three countries in [ 3 ] and join exercise of the nation's coast guards off the waters of Bataan [ 4 ] [ 5 ] in ...
Specifically, Section 12 of this Act mandates that "the government arsenal shall be utilized in the production of basic weapons, ammunition and other munitions for the use of the Armed Forces of the Philippines and the Philippine National Police (PNP), as well as for the sale and export of products in excess of AFP/PNP requirements." [4]
Yang Hongming (Chinese: 杨鸿明), [1] more commonly known as Michael Yang in the Philippines, is a Chinese businessman and is an associate of 16th Philippine President Rodrigo Duterte. Yang was linked in the Pharmally scandal which allegedly overpriced procurement contracts for medical supplies to be used by the Philippine government during ...
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [30] 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.
According to the 2012 World Wealth Report, the Philippines was the fastest growing economy in the world in 2010 with a GDP growth of 7.3% driven by the growing business process outsourcing and overseas remittances. [78] The country slipped to 3.6% in 2011 after the government placed less emphasis on exports and spent less on infrastructure.
Strawberries grown in the Philippines. The Philippines is the world's third largest producer of pineapples, producing more than 2.4 million of tonnes in 2015. [50] The Philippines was in the top three banana producing countries in 2010, including India and China. [51] Davao and Mindanao contribute heavily to the total national banana crop. [51]
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. 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.