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With the Philippines being the 39th largest economy in the world, the country continues to be a promising prospect for the BPO Industry. In August 2014, the Philippines hit an all-time high for employment in the BPO industry. From 101,000 workers in 2004, the labor force in the industry grew to over 930,000 in just the first quarter of 2014. [7]
As of February 2019, PEZA has over 396 fully operating economic zones that are spread across the country. Aside from central business districts in Bonifacio Global City, Makati, Ortigas and Quezon City, there are also economic zones in other next-wave cities such as Batangas, Cebu, Baguio, Subic, Iloilo, Dumaguete, Pampanga and more.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund .
The international definition of fog is a visibility of less than 1 km (3,300 ft); mist is a visibility of between 1 km (0.62 mi) and 2 km (1.2 mi) and haze from 2 km (1.2 mi) to 5 km (3.1 mi). Fog and mist are generally assumed to be composed principally of water droplets, haze and smoke can be of smaller particle size.
This is a list of acronyms in the Philippines. [1] They are widely used in different sectors of Philippine society. Often acronyms are utilized to shorten the name of an institution or a company.
Small Business Corporation (SB Corp) Attached agencies are actually sub-agencies of any national departments of the national government organization in the Philippines in which creation is established by special laws and its operation is independent of its mother unit. The mother unit only serves as supervisory on these special attached agencies.
Micro businesses in the Philippines can be defined according to the size of assets, size of equity capital, and number of employees. A typical micro business is a business that employs nine people or fewer, with assets of ₱3 million and below. In the Philippines, about 90 percent of all businesses are categorized as micro businesses.
Visibility, in meteorology, is a measure of the distance at which an object or light can be seen. Visibility may also refer to: A measure of turbidity in water quality control; Interferometric visibility, which quantifies interference contrast in optics; The reach of information hiding, in computing