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These galleries collectively narrate the evolution of the Philippine economy, highlighting significant industries and historical developments. [ 6 ] The ground level features exhibits on the history of the building itself, Iloilo's role as an economic center, and an overview of the country's economic history.
In the third quarter of 1981, the Philippine economy followed the course of the US economy into recession. [1] The Philippines’ debt rose to more than 200 percent of exports from 1978 to 1991. [1] More than half the value of the country’s exports went to debt service, rather than imports. [1]
The economy saw continuous real GDP growth of at least 5% since 2012. The Philippine Stock Exchange index ended 2012 with 5,812.73 points a 32.95% growth from the 4,371.96-finish in 2011. [91] The Philippines achieved an investment grade rating for the first time in the first quarter of 2013.
Dennis Anthony Uy was born on June 1, 1966, in Fukien (now Fujian), China. [1] In China, the Uys lived in poverty with one meal a day already considered "a blessing". [2] When he moved in, he could not speak English nor Tagalog. [3]
Henry Sy, also known as Sy Chi Sieng in Philippine Hokkien (Shī Zhìchéng in Mandarin), [3] was born in Jinjiang in Fujian, [7] then still under the Republic of China (ROC), on October 15, 1924.
He was orphaned during the Japanese occupation of the Philippines. [4] After the war ended in 1945, Que bought ₱100-worth of Sulfathiazole pills. He sold these drugs in single doses and using his savings decided to buy an assortment of medicine which he later peddled through a pushcart.
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), ...
Robert La Rue Stewart [1] (November 19, 1918 – April 6, 2006), popularly known in the Philippines as "Uncle Bob", was an American entrepreneur, TV personality, radio and TV producer in the Philippines. He founded GMA Network Inc. on June 14, 1950. Stewart came to the Philippines in 1943 as a war correspondent for United Press (UP). He fell in ...