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Philippines Economics

Philippine economics are based on food, textiles and garments and electronics assembly. It is an emerging market with substantial growth in the past 24 years thanks in part to an increase modernization of management and production.

500 Questions

How much of the national budget is spent on the Military in the Philippines?

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Asked by Wiki User

In 2020, around 15% of the national budget in the Philippines was allocated to the military and security sector. This amount can vary from year to year based on national priorities and needs.

How much is the Philippine national budget for 2010?

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Asked by Wiki User

1.415-trillion pesos according to the gov.ph

Sen. Panfilo Lacson and Sen. Benigno Aquino III objected to the report when it was presented on the floor for ratification.

The House of Representatives earlier ratified the proposed 2009 national budget on Wednesday night.

After the Senate's ratification of the 2009 GAA, it will be transmitted to President Gloria Macapagal-Arroyo for signing into law.

Sen. Edgardo Angara, chairman of the Senate finance committee, presented on the floor the bicameral committee report containing a P50-billion economic stimulus package.

Sen. Lacson objected to what he called "insertion" of the stimulus package fund in the 2009 budget and threatened to question it before the Supreme Court.

Senate Majority Leader Juan Miguel Zubiri said 15 senators were present during Wednesday's session which was suspended until this morning.

"It (the 2009 budget) is now ratified, next is the signature of the President," Sen. Zubiri told Senate reporters after the Upper Chamber ratified the bicameral conference committee report on the proposed 2009 General Appropriations Act. (PNA)

scs/rudyma

What are the products found in the NCR region of the Philippines?

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Asked by Wiki User

Some of the products found in the National Capital Region (NCR) of the Philippines include electronics, garments, processed foods, and furniture. The region is also known for its services sector, including business process outsourcing (BPO) and financial services.

What was the GNP in 1989?

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Asked by FWizzle

The Gross National Product (GNP) of the United States in 1989 was approximately $5.8 trillion.

How many barangay are there in the Philippines?

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Asked by Wiki User

There are over 42,000 barangays in the Philippines. Each barangay is the smallest administrative division in the country, often consisting of multiple puroks or sitios.

What are the different product's of region 1 in Philippines?

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Asked by Wiki User

The primary products of region 6 are rice,corn,banana,coconut, and sugarcane

What science term starts with the letter A?

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Asked by Wiki User

Amino Acid

Bacteria

Cells

Diatoms

Embryo

Folic Acid

Genome

Hemoglobin

Iris

Joints

Keratin

Lipids

Molecule

Nucleus

Ovum

Photosynthesis

Quadrant

Rhinovirus

Sperm

Taproot

Ulna

Virus

Waterborne

Xanthan

Yeast

Zygote

What are effects of underground economy in the Philippines?

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Asked by Wiki User

There is a positive and negative effect.

POSITIVE:the business owners doesn't pay any tax bills.And obviously the NEGATIVE effect is that there are many goods and products that are illegally brought in our country.

Where you can get scholarship?

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Asked by Wiki User

Well, usually (at least at schools in my area) the students who have good records and usually a 4.0 grade average are entered into a pool for a scholarship.

How Philippines earthquake impact economics?

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Asked by Wiki User

Typhoons affect the Philippines economy significantly. Day to day business is affected and investors avoid setting up business in the affected areas for fear of losing their property and business assets.

What is the social condition of the Philippines now?

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Asked by Wiki User

Although poverty still haunts 20 percent of the population and some sectors of society are still marginalized, the government has taken steps in empowering the poor through land acquisition and ownership and through community-based projects management. Much has still to be done, however, to respond to the needs of the poor.

What is the economic status of taxation in the Philippines?

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Asked by Wiki User

simple lang madami kc kurakot kaya tumataas ang tax natin...

What would it take for the Philippines to be a developed Country?

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Asked by Wiki User

For me it's understanding and cooperation.... so that every filipino could achieve such progress in one and direct goal.

What is so gross about the national product?

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Asked by Wiki User

Economics Answer:

The Gross National Product in one definition is the sum of all final goods and services produces in an economy. It is Gross as it includes depreciation in it. Subtracting the cost of depreciation we get the Net National Product.

== A region's gross domestic product is one of the ways for measuring the size of its economy. The GDP of a country is defined as the total value of the goods and services produced by the residents of a nation in a given period of time (as a year) With such a big crisis in the world today, many people do not believe the official figures published by their governments when it comes to that and they sure think it's all GROSS! ;-) -The outrageous prices we pay for some of them. == Because many of our national products are "gross."

ANSWER: National product is the kind of product that picks its nose in public places. National product picks its scabs while negotiating deals. National product is so gross that vomit gets queasy at the sight of it. National product is so gross you could make a movie about it and it would be the blockbuster event of the year, it is that gross! National product is the type of product that calls flatulence musical theory. National product is the type of product that will pick out sock lent from their toe nails when visitors have come over. This is why national product has become Gross National Product.

2003-2007 Philippines gross national income?

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Asked by Wiki User

Gross Domestic Product , Net Factor Income from Abroad and Gross National Product

1st Qtr 2003 -2nd Qtr 2008

(in million PhP) Period At Current Prices At Constant 1985 Prices GDP NFIA GNPGDP NFIA GNP 2003 4,316,402315,077 4,631,479 1,085,072 86,3591,171,431 Q1 994,224 68,550 1,062,773 253,672 19,168 272,840 Q2 1,032,440 80,778 1,113,218 264,189 22,243 286,432 Q3 1,057,502 83,314 1,140,816 264,671 22,665 287,337 Q4 1,232,236 82,435 1,314,672 302,539 22,283 324,822 2004 4,871,555376,509 5,248,064 1,154,295 98,0361,252,331 Q1 1,109,078 84,329 1,193,407 271,817 22,828 294,644 Q2 1,170,574 97,245 1,267,820 282,939 25,580 308,518 Q3 1,198,554 97,202 1,295,756 279,581 24,853 304,443 Q4 1,393,348 97,733 1,491,081 319,959 24,776 344,735 20055,444,038 447,145 5,891,183 1,211,452108,548 1,320,000 Q1 1,234,383 100,221 1,336,605 284,063 25,239 309,303 Q2 1,316,400 112,436 1,428,836 297,426 27,429 324,855 Q3 1,334,509 107,281 1,441,790 292,665 25,680 318,345 Q4 1,558,746 127,206 1,685,953 337,298 30,199 367,497 2006 6,032,835 500,940 6,533,7751,276,873 115,132 1,392,005 Q1 1,386,629 112,729 1,499,358 299,918 26,490 326,408 Q2 1,456,285 129,652 1,585,937 313,646 29,825 343,471 Q3 1,476,341 113,828 1,590,169 307,610 26,008 333,618 Q4 1,713,579 144,731 1,858,310 355,699 32,809 388,507 2007 6,648,245 601,0787,249,323 1,368,641 134,173 1,502,814Q1 1,524,077 129,497 1,653,574 320,816 29,495 350,312 Q2 1,618,601 166,415 1,785,015 339,651 37,366 377,017 Q3 1,613,788 154,246 1,768,034 329,543 34,311 363,855 Q4 1,891,779 150,921 2,042,700 378,630 32,999 411,630 2008 Q1 1,667,968 160,236 1,828,204 335,752 34,890 370,642 Q2 1,834,230 206,492 2,040,722 355,204 42,624 397,828 NFIA - Net Factor Income from Abroad (including interest payments on public debt in its outflow). All figures are estimates as of Aug 2008.

Details may not add up to totals due to rounding. Source: National Statistical Coordination Board (NSCB)

What are the characteristics of the Philippines?

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Asked by Wiki User

the physical characteristics of the Philippines is very tropical...There are many forests.Unlike many other countries in East Asia there are not many mountains.

What is basic wants?

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Asked by Wiki User

Food,drink, clothing, and shelter.

What are the effects of a peso devaluation on the Philippines?

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Asked by Wiki User

High inflation erodes the value of assets, money, and causes the country to experience high welfare losses due to the costs experienced in reinvesting these assets or converting them into goods from money. When inflation is incredibly high, confidence is lost in money and its ability to be exchanged for goods, so economic instability occurs and money, becoming more risky, rises further in cost. In these conditions, people get rid of money and choose to barter or use foreign currency instead.

Is Roman Catholic Church registered in Security and Exchange Commissions in the Philippines?

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Asked by Wiki User

The Roman Catholic Church is considered a not for profit entity in most legal jurisdictions. Not for Profit entities do not issues shares and therefore are not subject to securities and exchange oversight.

Bottom line, its a religion not a share issuing com

really? so how come they put money with out profits? awkward isnt it, and how they can put money to buy shares of stock with out company? you think they can do that with out ITR or TIN?

What are the rules and regulation in bowling?

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Asked by Wiki User

There is a very high number of bowling rules, for a list of these rules one can visit the Unites States Bowling Congress website and locate the rules there. Bowl.com is the name of the website.

What is head of department for Department of Justice?

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Asked by Wiki User

As of January 2011, Eric Holder is the Attorney General of the United States.