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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.
MANILA (Reuters) -The Philippines has approached neighbours such as Malaysia and Vietnam to discuss a separate code of conduct regarding the South China Sea, its president said on Monday, citing ...
BEIJING (Reuters) -China accused the Philippines on Friday of having "provoked trouble" in the South China Sea with U.S. backing, a week after Beijing and Manila traded accusations over a new ...
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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 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.
Economic growth in 2020 and 2021 is forecasted to shrink to 6.1% and 6.2% (from 6.5% in both years), respectively, due to a slowdown in public investment and the current China–United States trade war. [38] Additionally, the Philippines and the World Bank have set goals for the Philippines by 2040.
March 16 – The Philippines wins the Guinness World Record for the largest human lung formation, with 5,596 participants attending an event to mark World Tuberculosis Day at the Quirino Grandstand in Manila. [409] March 22 – Maria Gigante is crowned Universal Woman 2024 in Cambodia. [410]
Earlier on Monday, Philippine Foreign Minister Enrique Manalo urged regional neighbors to stand together more strongly in upholding the rule of law in the South China Sea, where China has ...