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A basic pay of PHP 2.5 million per month (amounting to PHP 30 million per year) was requested by Consing Jr. which approached the overall compensation of BSP Governor Eli M. Remolona, Jr., which amounted to PHP 35.48 million in 2023. Deliberations on the salary of Consing Jr. have caused significant delay on operations as the proposed salary ...
The following day, another pageant's candidate, Pauline Amelinckx of Bohol, is crowned Miss Supranational Philippines 2023 at a separate ceremony at Okada Manila in Parañaque. [ 302 ] May 18 – Seven Filipinos are included in Forbes ’ roster of 30 Under 30 Asia 2023 , which is composed of young entrepreneurs and trailblazers across the Asia ...
The Philippines posted a high GDP growth rate of 7.6 percent in 2022. [37] However, the country is not a part of the Group of 20 nations; instead, it is grouped in a second tier for emerging markets or newly industrialized countries. Notes for economic growth (1980-2023): 1980-82: Slower economic growth due to mismanagement
According to World Bank Country Director Motoo Konishi, the Philippines had become a "rising tiger" in East Asia. However, at the same time, during the 2010–2011 fiscal year, the increase in the wealth of the richest families in the Philippines, amounting to 47.39%, comprised 76.5% of the GDP increase for that year. [4]
The increase is announced in October and goes into effect with the December benefit, which is paid out in January of the following year. See: 3 Ways Inflation Will Impact Your Social Security COLA ...
Social Security recipients will soon find out what their new monthly payments will be in 2023 after the 8.7% cost-of-living adjustment (COLA) kicks in. Beginning in December, the Social Security...
Advocates have questioned whether the 2023 increase is good enough. As CBS notes, inflation reached a level of 9.1% in June, which is above the projected 8.7% COLA increase.
February 23, 2023 [18] 19 Directing the establishment of the Philippine Heart Center Annex in the Clark Freeport Zone March 8, 2023 [19] 20 Establishing the Presidential Help Desk March 21, 2023 [20] 21 Directing the Establishment of the Policy and Administrative Framework for Offshore Wind Development April 19, 2023 [21] 22