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However, income tax also becomes a factor to income inequality because according to the Tax Management Association of the Philippines, Filipino workers pay the highest income tax in the entire Association of South-East Asian Nations (ASEAN) region. [69] An average Filipino worker is taxed 32% as long as he is earning more than the minimum wage.
The digital divide the Philippines refers to inequalities between individuals, households, and other groups of different demographic and socioeconomic levels in the Philippines in access to information and communication technologies ("ICTs") and in the knowledge and skills needed to effectively use the information gained from connecting. [1] [2 ...
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.
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.
Poverty in the Philippines is a complex issue influenced by various factors, including economic inequality, corruption, and inadequate access to education. The disparity in income across different regions and sectors creates significant barriers for many Filipinos, limiting their opportunities for upward mobility.
Bonifacio Day was added through Philippine Legislature Act No. 2946. It was signed by then-Governor General Francis Burton Harrison in 1921. [5] On October 28, 1931, the Act No. 3827 was approved declaring the last Sunday of August as National Heroes Day. [6]
Ferdinand Marcos Jr., the son of the late dictator whose rule defined the Philippines' recent history, is leading opinion polls on the race to become president, three months ahead of a May 9 election.
The Police System of the Philippines poses a high risk of corruption, with the Philippines National Police (PNP) considered to be one of the most corrupt institutions within the country. There are several reports of national police officers and members of the military engaging in criminal activities such as extortion, corruption and involvement ...