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The Laurel–Langley Agreement was a trade agreement signed in December 15, 1954 [1] [2]: 43 between the United States and its former colony the Philippines. It was signed by Senator Jose P. Laurel and James Langley. [2]: 43 The agreement took effect in 1955 after approval from both Philippine Congress and U.S. Congress. [1]
The PSE Composite Index, or the PSEi (previously PHISIX), is a stock market index of the Philippine Stock Exchange (PSE) always consisting of 30 of the largest companies traded on the stock exchange. [1] This is in contrast to the PSE All Shares Index which is an index of all stocks traded on the PSE.
A relatively unknown chapter of Philippine numismatics is the importation and usage of bronze Chinese cash in Philippine markets. Like other Southeast Asian ports, the Chinese coinage flooded trading ports in the Philippine Islands starting as early as the 13th century and continuing into the Qing Dynasty period.
In 1984 and 1985 the Philippines saw the worst recession in its history: the economy contracted by 7.3% for two successive years. [1] Data from the Philippine Statistics Authority for 1985 showed that poverty incidence in families was at 44.2%—4.3 percentage points higher than in 1991 during the presidency of Corazon Aquino.
History of transportation in the Philippines (2 C, 1 P) Pages in category "Economic history of the Philippines" The following 23 pages are in this category, out of 23 total.
Previously, the Philippines was seen as a trading post for international trade but in the nineteenth century it was developed both as a source of raw materials and as a market for manufactured goods. The economy of the Philippines rose rapidly and its local industries developed to satisfy the rising demands of an industrializing Europe.
The unified trading floor's final location was the Philippine Stock Exchange Tower (PSE Tower), the new headquarters of the PSEi, located in One Bonifacio High Street, Bonifacio Global City, replacing the two trading floors in Metro Manila: one at its headquarters at the PSE Plaza Ayala Triangle, Ayala Tower One in the Makati Central Business ...
The presidential degree allowed Philsucom to have complete monopoly of the sugar industry in the Philippines. It then created a trading arm, the National Sugar Trading Corporation (NASUTRA), which was exclusively responsible for domestic and international sugar trading. Roberto Benedicto headed both Philsucom and NASUTRA. [9]