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To aid his business, Marcos issued Presidential Decree 750 which ordered the increase in tariffs of the raw materials of Disini's main competitor, Filtrona Philippines Inc. [35] The decree increased the tariffs from 10% to 100%, claiming that its aim was to ensure "fair competition in the local cigarette industry".
In the third quarter of 1981, the Philippine economy followed the course of the US economy into recession. [1] The Philippines’ debt rose to more than 200 percent of exports from 1978 to 1991. [1] More than half the value of the country’s exports went to debt service, rather than imports. [1]
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. [80] The Philippines achieved an investment grade rating for the first time in the first quarter of 2013.
Advanced Contact Solutions: Industrials Business support services Manila: 1996 Business process outsourcing P D Adventist Medical Center Manila: Health care Health care providers Pasay: 1929 Hospital P A AgostoDos Pictures: Consumer services Entertainment - 2011 Film production P A AirAsia Zest: Consumer services Airlines Pasay: 1995 Airline ...
The Negros famine took place on Negros island in the Philippines in the mid-1980s, during the waning days of the Marcos dictatorship. [1] [2] It was a key moment in the history of sugar production in the Philippines, as well as the broader political history of the Philippines.
Company officials however dispute that they were a monopoly because of the existence of a government telephone system, and over 60 provincial companies operating in the country. The Bureau of Telecommunications (Butel) handled the government telephone system, which by 1975 had 34,643 operational telephone lines, or about 10.2% of the total ...
The Board of the Philippines, large-format oil on canvas by Francisco Goya in 1815 (Goya Museum, Castres, France). The Royal Company of the Philippines (Spanish: Real Compañía de Filipinas) was a chartered company founded in 1785, directed to establish a monopoly on the Spanish Philippines and all surrounding trade. It weakened in importance ...
In law, a monopoly is a business entity that has significant market power, that is, the power to charge overly high prices, which is associated with unfair price raises. [2] Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry (or ...