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PhilPhos was established on June 6, 1980 by the National Development Company, a corporate investment arm by the Philippine government. [2] The following year the construction of the Philphos fertilizer plant in Leyte, which was contracted by four companies, began and was completed in 1984. The plant became operational in 1987.
In 1972–1973, Philippines was beset by rice production shortfalls resulting from the series of typhoons and floods and fertilizer shortages spawned by the oil crisis.The resulting fourfold drop in rice production prompted the government to directly intervene in the operations of the fertilizer industry through the issuance of Presidential Decree (P.D.)
The economy saw continuous real GDP growth of at least 5% since 2012. The Philippine Stock Exchange index ended 2012 with 5,812.73 points a 32.95% growth from the 4,371.96-finish in 2011. [91] The Philippines achieved an investment grade rating for the first time in the first quarter of 2013.
This is a timeline of Philippine history, comprising important legal and territorial changes and political events in the Philippines and its predecessor states. To read about the background to these events, see history of the Philippines .
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The Philippines' exports income had begun growing in the early 1970s due to an increased global demand for raw materials, including coconut and sugar, [1] [15] and the increase in global market prices for these commodities coincided with the declaration of martial law, allowing GDP growth to peak at nearly 9 percent in the years immediately ...
The National Food Authority was created by President Ferdinand Marcos through Presidential Decree No. 4 dated September 26, 1972, under the name National Grains Authority (NGA) with the mission of promoting the integrated growth and development of the grains industry covering rice, corn, feed grains and other grains like sorghum, mung beans, and peanuts. [1]
The Philippines' Bureau of Plant Industry, (Filipino: Kawanihan ng Industriya sa Paghahalaman, [4] abbreviated as BPI) is an agency of the Philippine government under the Department of Agriculture responsible for serving and supporting the Philippine plant industry sector. San Fernando, Pampanga