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Filemon C. Rodriguez, one of the leading economic planner of the post-war Philippines, had warned that first, it is best to utilize this time to improve our economic position before in any eventuality, Japan could regain its footing and become a force once again, and second, should the Philippines miss this golden opportunity, we would still be ...
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 ₱28.05 trillion ($508.79 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
Additionally, the Philippines and the World Bank have set goals for the Philippines by 2040. By that time, the Philippines wants to be free from poverty and sustain a prosperous middle class. [39] In order to do so, the World Bank estimates that income per capita must triple by way of having its economy grow at an average annual rate of 6.5%. [40]
The Philippines need not even commit its own troops to such a war to act as a deterrent, Heydarian explains. It can significantly change the calculus for China by simply keeping a close eye on ...
The IFC promotes sustainable private sector investment in developing countries as a way to reduce poverty and improve peoples' lives. Established in 1956, IFC is the largest multilateral source of loan and equity financing for private sector projects in the developing world.
The latest flare-up between China and the Philippines in the South China Sea, one of the world’s busiest trade routes, comes after Marcos decided earlier this year to allow an expansion of the U ...
MANILA (Reuters) -The Philippines urged China on Wednesday to avoid actions that endanger sailors and vessels in the South China Sea, saying peace could not be achieved if China's words did not ...
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 ]