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Feb 22, 2024 · The Philippines retired its fleet of Northrop F-5 fighters in 2005, and in 2013 it spent 18.9 billion pesos for 12 FA-50 light attack aircraft from Korea Aerospace Industries as fighter jet ...
Jan 10, 2023 · Minimum wage earners who work five days a week earn P11,400 monthly, which is lower than the average monthly expenses of P15,666, it said, citing 2018 government data. “The best way to ensure a more equitable way of setting wages is by removing all restrictions for workers to organize, collectively bargain and to strike, whenever it is needed ...
May 9, 2022 · The Philippines, which is made up of more than 7,000 islands, is one of the nations most exposed to climate change. But Ferdinand Marcos Jr., who has a commanding lead in early counting, has said ...
ARTICLE: In the Philippines, a pervasive culture of migration has led millions to seek opportunities abroad, particularly since an economic downturn in the 1970s. The government has long embraced exporting labor as official economic policy, but over time, the focus has shifted: first to protecting workers overseas and much more recently to linking migration and development.
Jan 29, 2024 · MANILA, Philippines – CNN Philippines on Monday, January 29, officially shut down, with losses exceeding P5 billion since operations began in 2015. An estimated 300 employees were affected. An ...
Jan 3, 2020 · The expansion of public spending implemented between 2010 and 2012 was accompanied by an acceleration in money creation, the annual growth rate of which rose from 28.6 to 43.6%. The acceleration of money growth predictably was followed by an increase in prices: between 2012 and 2013, the inflation rate rose from 20.1 to 56.1% (Table 1).
Highlights: After recording strong growth in the last 2 years, Philippine economic growth decelerated to 5.7 % in the first quarter of 2014 (Q1 2014) After many years of slow poverty reduction, poverty incidence among the population declined by 3 percentage points between 2012 and 2013 to 24.9 %, lifting 2.5 million Filipinos out of poverty.
