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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.
CNA (formerly Channel NewsAsia) is a Singapore-based multinational news channel owned by Mediacorp, the country's state-owned media conglomerate.The network is broadcast in Singapore on free-to-air terrestrial television and Mediacorp's streaming service meWatch, and is distributed internationally via television providers in the Asia–Pacific, as well as streaming and free ad-supported ...
President Marcos signs into law Republic Act No. 12022 or the Anti-Agricultural Economic Sabotage Act, designating the smuggling, hoarding, and cartel activities affecting agricultural products as economic sabotage. [266] The first driverless bus system in the Philippines is launched in New Clark City. [267] September 27:
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 .
The largest projects in the Philippine Economy includes both megaprojects, costing over $1 billion, and other large investment projects, typically costing between $10 million and $1 billion. Projects with investments below $10 million also may be included here, either as parts of larger projects, or in case of major international significance ...
East Asia Tonight is a current flagship weekdays news programme on CNA that is airing every weekday between 6:00pm - 7:00pm (Singapore/Hong Kong time) starting 15 April 2024, providing a round-up of all the day's events in Mainland China, Taiwan, Hong Kong, Japan, North and South Korea, coverage of breaking news and international news in brief, as well as news analyses from CNA's ...
The DOF projects the economy to grow by 1.3% by 2022 with a 0.42% inflation due to the excise tax increase (this is still within the 2–4% target inflation by the Bangko Sentral ng Pilipinas (BSP); it also predicts to create half a million jobs over the next ten years, and eight million over the entirety of its life, as well as lift 250,000 ...
The International Monetary Fund (IMF) sees better odds that central banks will manage to tame inflation without tipping the global economy into recession, but it warned Tuesday that growth ...