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The Philippine economy fell into recession for the first time in 29 years with a record slump in the second quarter, as strict lockdown measures ravaged economic activity and prompted the ...
The Philippine economy has been growing steadily over decades and the International Monetary Fund in 2014 reported it as the 39th largest economy in the world. 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 ...
In the first two quarters of 2022, U.S. gross domestic product (GDP) posted its first two declines since the COVID-19 recession; decreasing at an annual rate of 1.6% in the first quarter of 2022 and a 0.9% annual rate in the second quarter. [6] GDP growth rates in the European Union also slowed significantly in the first half of 2022. [7]
May 11 – Irha Mel Alfeche of Matanao, Davao del Sur is crowned Miss Philippines Earth 2024 in the pageant's coronation event held in Talakag, Bukidnon. [424] May 22: Chelsea Manalo of Bulacan is crowned Miss Universe Philippines 2024 in the pageant's coronation night held at the SM Mall of Asia Arena in Pasay. [425]
June 10 – President Duterte declares Nora Aunor, Salvacion Lim-Higgins, Agnes Locsin, Fides Cuyugan-Asensio, Ricky Lee, Gémino Abad, Tony Mabesa and Marilou Diaz-Abaya as National Artist of the Philippines for 2022. [324] [325] June 18 – The coronation event of the Man of the World 2022 pageant is held in Baguio. [326]
“We’re projecting no recession, rather a slowing of the economy," with a reacceleration in the second half of 2024 into 2025, David Bailin, chief investment officer of Citi Global Wealth, said ...
Instead, take advantage of today's outstanding savings account rates. Even with the Fed cutting its benchmark interest rate twice this year, many savings accounts are still paying around 4%.
July 22, 2024 () Duration: 1 hour and 17 minutes: Venue: Session Hall, Batasang Pambansa Complex: Location: Quezon City, Philippines: Filmed by: Radio Television Malacañang: Participants: Bongbong Marcos Francis Escudero Martin Romualdez: Languages: English, Filipino: Previous: 2023 State of the Nation Address: Next: 2025 State of the Nation ...