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The Philippine economy fell into recession for the first time in 29 years with a record slump in the second quarter, as strict lockdown measures ravaged economic activity and prompted the ...
In the first two quarters of 2022, U.S. gross domestic product (GDP) posted its first two declines since the COVID-19 recession; decreasing at an annual rate of 1.6% in the first quarter of 2022 and a 0.9% annual rate in the second quarter. [6] GDP growth rates in the European Union also slowed significantly in the first half of 2022. [7]
September 21 – The Manila Regional Trial Court dismisses the government's petition to declare the Communist Party of the Philippines and the New People's Army as terrorist organizations, citing that rebellion is not an act of terrorism and these groups were not organized to be engaged in the latter. [195] [196]
Average retail sugar prices in Metro Manila per kilogram Crop Year Date Market Raw Washed Refined Ref. 2020–21: August 18, 2021: Supermarkets / groceries ₱46.99 ₱50.81 ₱54.46 [17] Public wet markets ₱45.36 ₱46.43 ₱53.00: 2021–22: August 18, 2022: Supermarkets / groceries ₱74.11 ₱77.05 ₱99.38 [18] Public wet markets ₱72. ...
The front page of Manila Bulletin, when it was still known as Bulletin Today, on the day after Benigno Aquino Jr.'s assassination Former logo used from 1991 to 2019. Manila Bulletin was founded on February 2, 1900 by Carlson Taylor as a shipping journal. In 1957, the newspaper was acquired by Swiss expatriate Hans Menzi.
The Build!Build! Build! Infrastructure Program (BBB) was the infrastructure program of the administration of Rodrigo Duterte, the 16th president of the Philippines.A key component of his socioeconomic policy, the program aimed to reduce poverty, encourage economic growth and reduce congestion in Metro Manila, and address the country's infrastructure gap.
As of 2022, the Bangsamoro Autonomous Region in Muslim Mindanao has the highest incidence of poverty in the country at 37.2% while Metro Manila has the lowest at 3.5%. [13] [14] Children in the Philippines are particularly vulnerable to the effects of poverty and suffer high rates of mortality for those below 5 years old. [15]
The Philippines consumes an average of 17,000 metric tons of onion per month. [7] In August 2022, the country was predicted to experience a shortage of onion and garlic. [8] The price of red onion in 2021 ranged between ₱90 and ₱120. [6]