Philippines Economics

Banks in the Philippines can significantly contribute to the economy by facilitating access to capital for individuals and businesses, which in turn promotes investment and consumption. They can support small and medium enterprises (SMEs) through tailored loan products and financial literacy programs, driving job creation and innovation. Additionally, banks play a crucial role in maintaining financial stability and fostering economic growth by efficiently mobilizing savings and providing essential financial services. By promoting digital banking solutions, they can also enhance financial inclusion, enabling more citizens to participate in the formal economy.

The Philippine stock exchange is a facility in the Philippines where stock in various companies can be bought and sold.

It is one of the oldest stock exchanges in Southeast Asia, it has been operational since 1927. They operate using the Stratus Trading System (STS) with a company named Equicom.

Economic factors refer to the various elements that influence the economy and affect businesses, such as inflation rates, interest rates, exchange rates, and economic growth. These factors play a critical role in shaping business decisions, impacting consumer purchasing power, and determining market demand. In the business environment, understanding these economic influences helps companies strategize for pricing, investment, and expansion. Additionally, economic conditions can affect overall industry health and competition levels.

Rice terraces are primarily found in various regions across Asia, with notable examples in the Philippines, particularly the Banaue Rice Terraces, as well as in China, such as the Longji Rice Terraces in Guangxi province. Other countries with rice terraces include Indonesia, Vietnam, and Nepal. These terraces are typically built on hilly or mountainous terrain to maximize arable land and manage water resources effectively for rice cultivation.

poverty, government coalision, corruption

causes of econimic downfall in the philippies

Non-voting is only a problem for those that don't vote. The government is elected based on what the people say they want at the polls. Those that did not vote should not complain about laws in society.

many Filipinos stay unfortunate. no food,work and clothes.

Umm I dont Know Yet But I will Research Okay?

Thank you.

-Micah

While there wasn't statistics for this particular city, according to the CIA Factbook (update as of 12/7/10) the Philippines had an unemployment rate of l7.5% (est. in 2009)

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economic status of the countries who belong in first world country

You can find this list online. There is a list of companies and where they invest their money internationally.

The Philippines is a collection of islands located in Southeast Asia near Malaysia and while it is a developing nation, there remains a tremendous amount of extreme poverty in the country.

Since English is the second national language of the Philippines, the country is a prime location for call centers. These call centers provide technical support for Western nations and this has been a huge help for the Philippine economy in recent years. - Tim Troutman Philippine Aid Society

www.philippineaid.org

demand in supply is the basis of it's increase and decrease

microeconomics and macroeconomics

1. Well,not really.most people are middle class but some are poor

The main socio-economic problems confronting the Philippines include poverty, unemployment and corruption. These problems are considered to be the main hindrance to development matters.

Henry Sy was born on October 25, 1924.