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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. "We urge the ...
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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 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.
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Business and economy 2025 Balkan retail boycotts Following boycotts in Croatia on January 24, and in conjunction with a follow-up boycott in the country, residents of Bosnia and Herzegovina , Serbia , Montenegro , and North Macedonia start a boycott of retail stores in response to rising prices.
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The Court of Appeals orders the University of the Philippines Los Baños and the Philippine Rice Research Institute to halt the release of genetically modified crops such as eggplant and rice, following a petition from Greenpeace and several other environmentalist groups over its ecological effects. [113]