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Large quantities of silver were exported from Peru, whilst luxury goods such as silk were imported from China via the Philippines. However, in 1581 the Spanish crown awarded monopoly to the port of Acapulco for the trade over the Pacific. [1] However, the traders of Peru continued to trade with the Philippines, in violation of the Royal Decree. [2]
The British occupation of Manila was an episode in the colonial history of the Philippines when the Kingdom of Great Britain occupied the Spanish colonial capital of Manila and the nearby port of Cavite for eighteen months, from 6 October 1762 to the first week of April 1764.
Spain and the Philippines share a common history in the fact that the Philippines was part of the Spanish Empire for three hundred years and was the sole Spanish colony in Asia. Portuguese explorer Ferdinand Magellan first encountered the Philippines and named the islands after King Philip II of Spain. [3]
The Philippines is in tension with rival international claimants to various land and water territories in the South China Sea. The Philippines is currently in dispute with the People's Republic of China over the Camago and Malampaya gas fields. The two countries are also in dispute over the Scarborough Shoal.
The Philippines also became the distribution center of silver mined in the Americas, which was in high demand in Asia, during the period. [20] In exchange for this silver, the Philippines very much functioned like a trade entrepot between the nations of South, East and Southeast Asia and the territories in Spanish North and South Americas ...
In 2015, the Philippines and Mexico began preparations for the nomination of the Manila–Acapulco Galleon Trade Route in the UNESCO World Heritage List with backing from Spain, which has also suggested the tri-national nomination of the archives on the Manila–Acapulco Galleons in the UNESCO Memory of the World Register.
The Philippines consumes more coal than it can produce and coal is the main source of electricity. 20% of the country's coal supply is used by the cement industry (in 2005). [ 1 ] As of September 31, 2005, the in situ coal reserves of the Philippines amounts to 458 million metric tons which is about 18% of the country's total coal resource ...
98 percent of the water used in Metro Manila comes from the Angat Dam about 40 km to the northeast of Manila, a multipurpose dam that is also used for irrigation and hydropower generation. From Angat Dam, water flows through the Angat River to the much smaller Ipo Dam from where it is diverted through tunnels to the La Mesa Basins. From these ...