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In 2014, TIPCO reportedly was the largest paper company in the Philippines, having an annual production capacity of 230,000 MT for paper-based products including newsprint and writing paper. [ 7 ] In 2020, due to lessened global demand due caused by the COVID-19 pandemic , TIPCO suspended all of its production with plans to resume operation on ...
In 1987, a new Philippine constitution was drafted during a period of growing concern over the preservation of the natural environment and resources of the Philippines. [1] Section 16 of Article II of the 1987 Constitution provides the following state policy: "The State shall protect and advance the right of the people to a balanced and ...
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[7] [8] Dozen bomb attacks in the past three weeks has been linked to the plot. [ 22 ] July 15 – The Cordillera Administrative Region (CAR) is created through Executive Order No. 220 signed by Pres. Corazon Cojuangco–Aquino , consisting of, from Region 1 , the provinces of Abra , Benguet and Mountain Province , and Baguio , and from Region ...
Personal consumption expenditure, the largest contributor to GDP growth, showed a downward trend from a sharp drop from 5.8 percent in 2007 to 4.7 percent in 2008, and 3.7 percent in 2009. [83] GDP growth during the fourth quarter of 2008 and first quarter of 2009 fell to 1.7 percent, a staggering fall from a 5.7 percent average for the three ...
People's initiative (or "PI") is a common appellative in the Philippines that refers to either a mode for constitutional amendment provided by the 1987 Philippine Constitution or to the act of pushing an initiative (national or local) allowed by the Philippine Initiative and Referendum Act of 1987. The appellative also refers to the product of ...
More than three-fourths of all votes cast were for ratification. Thus, it was on February 2, 1987 that the 1987 Constitution took effect. On February 11, 1987, President Aquino, other government officials, and the Armed Forces of the Philippines, pledged allegiance to the Constitution.