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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 original schedule showed the National Speedway Stadium in Manchester joining the flagship Principality Stadium in Cardiff on the calendar, [1] [2] but the Cardiff round was subsequently cancelled and replaced with a second grand prix in Manchester. [3] There will be eight other rounds, with Poland's allocation reduced from four to three. [4]
Foreign borrowing was a key element in Philippine development strategy during the Marcos era. The primary rationale was that "borrowed money would speed the growth of the Philippine economy, improving the well-being of present and future generations of Filipinos". [citation needed] Debt-driven growth, 1970–1983
The 2024 Speedway Grand Prix season was the 30th season of the Speedway Grand Prix era, and decided the 79th FIM Speedway World Championship. [1] It was the third series promoted by Discovery Sports Events. A new sprint race was introduced at selected Grand Prix during the qualifying session, with the fastest rider in each qualifying session ...
The Speedway Grand Prix series and the Speedway World Cup were originally promoted by Benfield Sports International, which later was renamed to BSI Speedway. On 11 April 2007 it was announced that BSI Speedway had been acquired by IMG and the existing team took up roles within IMG Motorsport. IMG Motorsport managed the series until 2021.
The 2023 Speedway Grand Prix season was the 29th season of the Speedway Grand Prix era, and decided the 78th FIM Speedway World Championship. [1] It was the second series promoted by Discovery Sports Events. Bartosz Zmarzlik was the defending champion, having won the 2022 title.
In October 2018, the World Bank downgraded the economic outlook of the Philippines for 2018, but expects it to remain strong. [17] FMIC and UA&P expect the economy to improve in the second half of 2018. [18] On October 24, the Philippines improved its ranking by 29 places in the Ease of Doing Business rankings. [19]
The 2022 Speedway Grand Prix season was the 28th season of the Speedway Grand Prix era, and decided the 77th FIM Speedway World Championship. [1] [2] It was the first series promoted by Discovery Sports Events. Artem Laguta was the reigning champion, having won the 2021 title.