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Typhoon Parma, known in the Philippines as Super Typhoon Pepeng, was the second-wettest typhoon to affect the Philippines, and the second typhoon to affect the country within the span of a week during September 2009.
The Philippine National Red Cross and Philippine Coast Guard dispatched teams to rescue stranded and trapped people. [42] At that time, flood average was from two-feet to waist high, and in some areas are more than six feet. [43] The resulting landslides and severe flooding left at least 246 people dead and 38 others missing.
Typhoon Ketsana, known in the Philippines as Tropical Storm Ondoy, was the second-most devastating tropical cyclone of the 2009 Pacific typhoon season, causing $1.15 billion in damages and 665 fatalities, only behind Morakot earlier in the season, which caused 956 deaths and damages worth $6.2 billion. Ketsana was the sixteenth tropical storm ...
Typhoon Chan-hom, known in the Philippines as Typhoon Emong, was an erratic tropical cyclone that hit the Philippines in early May 2009.The sixth tropical depression and the second tropical storm to develop during the 2009 Pacific typhoon season, Chan-hom developed out of an area of convectional cloudiness associated with an area of disturbed weather which originated from the remnants of ...
The Consensus forecast for euro-area producer price inflation significantly outperforms the naïve forecast in the short-term. Finally, the Consensus forecast for the USD/EUR exchange rate during the period from 2002 to 2009 is more precise than the naïve forecast and the forecast implied by the forward rate." [12]
The Philippines’ inflation target is measured through the Consumer Price Index (CPI). For 2009, inflation target has been set to be 3.5 percent, having a 1% tolerance level, and 4.5 percent for 2010, also having 1% tolerance. Also, the Monetary Board of the Philippines announced a target of around 4±1 percent from 2012 to 2014. [14]
The 2009 Pacific typhoon season was a below average season that spawned only 22 named storms, 13 typhoons, and five super typhoons. Despite this, it was a very deadly season, with the Philippines having experienced its deadliest season in decades due to the impact of typhoons Ketsana and Parma, while typhoon Morakot went on to become the deadliest storm to impact Taiwan in its modern history.
This is an accepted version of this page This is the latest accepted revision, reviewed on 12 February 2025. Economy of Philippines Metro Manila, the economic center of the Philippines Currency Philippine peso (sign: ₱; code: PHP) Fiscal year Calendar year Trade organizations ADB, AIIB, AFTA, APEC, ASEAN, EAS, G-24, RCEP, WTO and others Country group Developing/Emerging Lower-middle income ...