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For example, the Dupaya family from Cagayan claimed that the Philippine Constabulary halted their logging operators, and they were threatened by 'the Enrile people' referring to former Secretary of Defense Juan Ponce Enrile. The government also extended military support to Alfonso Lim, with one of his companies enlisting 150 soldiers and 50 ...
The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring countries like China, Japan, and Southeast Asia.
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.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
The Board of the Philippines, large-format oil on canvas by Francisco Goya in 1815 (Goya Museum, Castres, France). The Royal Company of the Philippines (Spanish: Real Compañía de Filipinas) was a chartered company founded in 1785, directed to establish a monopoly on the Spanish Philippines and all surrounding trade. It weakened in importance ...
Location of the Philippines. The Philippines is a sovereign island country in Southeast Asia situated in the western Pacific Ocean. It is a founding member of the United Nations, World Trade Organization, Association of Southeast Asian Nations, the Asia-Pacific Economic Cooperation forum, and the East Asia Summit.
According to World Bank data, the Philippines' gross domestic product (GDP) quadrupled from $8 billion in 1972 to $32.45 billion in 1980, for an inflation-adjusted average growth rate of 6% per year. [40] Indeed, according to the U.S.-based Heritage Foundation, the Philippines enjoyed its best economic development since 1945 between 1972 and 1980.
Political and cultural history of the Philippines, Volumes 1–2. Barrows, David (2014). A History of the Philippines-Illustrated. ISBN 978-0-34-292-6466. Church, Peter (13 March 2017). A Short History of South-East Asia. John Wiley & Sons. ISBN 978-1-119-06248-6. De Borja, Marciano R. (2005). Basques In The Philippines. University of Nevada Press.