Search results
Results from the WOW.Com Content Network
The Bayanihan to Recover as One Act, also known as Bayanihan 2, [1] and officially designated as Republic Act No. 11494, is a law in the Philippines that was enacted in September 2020 granting the President additional authority to combat the COVID-19 pandemic in the Philippines.
The Philippine House Special Committee on Bicol Recovery and Economic Development is a special committee of the Philippine House of Representatives. Jurisdiction [ edit ]
In 1984 and 1985 the Philippines saw the worst recession in its history: the economy contracted by 7.3% for two successive years. [1] Data from the Philippine Statistics Authority for 1985 showed that poverty incidence in families was at 44.2%—4.3 percentage points higher than in 1991 during the presidency of Corazon Aquino.
During the recovery period, the economy goes through a process of economic adaptation and change to new circumstances, including the reasons that caused the recession in the first place, as well as the new policies and regulations enacted by governments and central banks in reaction to the recession.
Electronic Commerce Act of 2000 (Republic Act No. 8792) – Outlaws computer hacking and provides opportunities for new businesses emerging from the Internet-driven New Economy; New Securities Act (Republic Act No. 8799) – This law liberalizes the securities market by shifting policy from merit regulation to full disclosure.
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 Department of Transportation (DOTr; Filipino: Kagawaran ng Transportasyon) is the executive department of the Philippine government responsible for the maintenance and expansion of viable, efficient, and dependable transportation systems as effective instruments for national recovery and economic progress. It is responsible for the country ...
The Philippines counted just 78 researchers (in full-time equivalents) per million inhabitants in 2007 but the country's researcher density had more than doubled to 188 researchers per million inhabitants by 2013, according to the UNESCO Institute for Statistics. This is still well below the global average of 1,083 per million (2013).