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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

What is the micro economic problem in the Philippines?

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Asked by Wiki User

One of the most important is the infrastructures one example is the airport which drives out tourism in the country.

Top CEO of the Philippines?

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Asked by Wiki User

Of Course our very own... and of the strongest female president recorded in TIME MAGAZINE.....her exellency President GLoria Macapagal Arroyo

Who are the famous people in Mindanao Philippines?

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Asked by Wiki User

When you talk of Bohol, Philippines, you immediately think of the tarsier and Chocolate Hills. When you talk of famous people from Bohol, Philippines, former President Carlos P. Garcia, Francisco Dagohoy (who led one of the longest insurrections against the Spaniards), and Yoyoy Villame, the famous novelty singer of long ago come to mind with ease. However, there are other celebrities who came from this rustic province in the Visayas. Let us enumerate some of them.

In the field of basketball, this province produced Lauro Mumar and Bernard Fabiosa. Lauro Mumar is a legend when it comes to Philippine basketball. Some of his achievements were; being a member of the Philippine national basketball team that landed 12th place during the 1948 Summer Olympics, he led the national basketball team in gaining two gold medals in 1951 and 1954 Asian Games, and he led the Philippine Basketball team that captured bronze medal in the 1954 World Basketball Championships in Rio de Janiero, the feat has not been surpassed yet. Bernard Fabiosa, a popular PBA player in the seventies was fondly called as the "King of Swipes" and was a member of the Crispa Team that captured grand slam feats in 1979 and in 1983. He was named as one of the 25 greatest PBA player of all time.

In another sports field, boxing has also famous people from Bohol, Philippines in the name of Nonito Donaire. This famous boxer who traced his roots in the province is also known as "The Filipino Flash." He currently holds four boxing titles from different boxing organizations.

In the field of education, law, and politics, among the famous people from Bohol, Philippines are; Dr. Jose Abueva from the University of the Philippines year 1987-1993 and Cecil Putong, former Department of Education secretary during the fifties. Among the famous senators this province has produced were Senators Ernesto Herrera, Juan Torralba, and Olegrano Clarin. It has produced two bar top notchers in the person of Victor S. de la Serna and Oscar B. Glavosa.

Just like other provinces in the Philippines, Bohol is also known for beautiful ladies and talented people. Ana Marie Igpit who was our representative in the 2006 Miss World pageant is one of the famous people from Bohol, Philippines in the field of beauty pageants. In the field of arts and entertainment, the list is quite long; Cesar Montano - famous movie action star, Luke Mijares - famous pop singer and balladeer, Mutya Buena - Filipino-British singer and member of the group Sugababe, Jerome Sala - 2005 Grand Champion Search for The Star In A Million, Rich Asuncion - GMA and former BB. Pilipinas runner up, Lutgardo Labad - famous movie musical composer, and Napoleon Abueva - National Artist for Sculpture are just some of the famous people from Bohol, Philippines whether pure Boholanos or half breed.

What is Philippines rank in world economy?

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Asked by Wiki User

the Philippines is 175 years late than the US economy

What is the money system in Philippines?

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Asked by Wiki User

Philippine money is called the Filipino Peso, or in English the Philippine Peso.

Why do you think we have less economy in the Philippines?

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Asked by Wiki User

The Philippines is less developed than otter countries because the last president is corrupt and they are hoping for a new government that will improve their country

Who are the top ten Filipino successful businessman in the Philippines?

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Asked by Wiki User

According to Forbes Asia, the following are the top 10 richest people in the Philippines:

* Henry Sy * Lucio Tan * Jaime Augusto Zobel de Ayala * Eduardo Cojuangco * George Ty

* John Gokongwei, Jr. * Tony Tan Caktiong * Andrew Tan * Emilio Yap * Oscar Lopez
* pacquiao, dionisia * revillame, willie * Aquino, Kris * Jimenez, Ezekiel P. * Abunda, Boy * halili, katrina * kho, hayden * Belo, Vicky * pokwang * Herras, Mark

Sources of government funds in the Philippines?

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Asked by Wiki User

The majority of government funding in the Philippines comes from taxes. These taxes are national and local and include income, percentage, inheritance, value added, miscellaneous, and more. The government is also trying to borrow money from other places to develop the country further.

What is the Philippine GNP and GDP at present?

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Asked by Ranzrenegado

The Philippine Gross Domestic Product (GDP) in the third quarter of 2008 slowed down to 4.6 percent from 7.1 percent in the same period last year.

The Gross National Product (GNP) grew by only 6.5 percent compared to 9.1 percent growth experienced in the third quarter of 2007.

What are the Basic economic problems of the country?

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Asked by Wiki User

The Basic Problems Of An Economy are:

1) What to produce

2) How to produce

3) For whom to produce

Some other basic problems:

1) problem of efficient or fuller utilization of resources

2) problem of growth of resources

3) Problem of economic growth

Why is economic problem with solution is not enough?

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Asked by Wiki User

The west is economically gifted by nature and most countries of the world are not economically gifted, the world's social problem is financially related and economies alone cannot solve the world's financial problems. What is the job of the world bank and IMF? Pride is basically the main problem of the world and we should all humble ourselves at all times as the God of the universe has with held the solution to the world's overall problems. The world is long overdue for a single global currency which will serve as the world's reserve currency under a new world financial institution or if the world bank and IMF are ready to turn their services to the world then the single currency will serve with the true bank to solve all financial problems all over the world.................there is no other way out.........

What are the different social problems that Philippines are facing now?

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Asked by Wiki User

As of 2014, the Philippines is experiencing a growing economy, however, poverty and unemployment remain important problems. Corruption among some government officials, such as police officers, is another challenge the country is dealing with.

How much the fare of negros navigation manila to zamboanga city?

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Asked by Wiki User

magkano ang ticket manila to iliga bukas ang alis

What is the Philippine currency compared to the US currency?

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Asked by Wiki User

1 US dollar (USD) is worth about 50 Phillipine pesos (PHP), as at Feb 18, 2009.

Of course, if you are in a country which only accepts PHPs, and you want to buy something, and you have both PHPs and dollars, and you are unable to exchange the dollars anywhere, then your PHPs would be of more value to you than your dollars.

Why should poor countries give priority to labor intensive projects?

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Asked by Wiki User

Because theyre poor and probably give minimum wage for hard work

How will you describe the economic and political status in philippines?

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Asked by Wiki User

Very Bad, We are under the corrupt government. that's all how sad.

Role of entrepreneurship in economic growth in the Philippines?

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Asked by Wiki User

The contribution of entrepreneurship in the Philippines economy is impressive. There is a high demand for entrepreneurs in the Philippines. There were over 830,000 entrepreneurs in the Philippines in 2011.

Who is the Secretary of the department of housing in the Philippines?

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Asked by Wiki User

The Philippines has no Department of Housing. What it has is the National Housing Authority, but this office is not headed by a cabinet secretary.There is also the Housing and Urban Development Coordinating Council, which has Vice President Jejomar C. Binay as Chairman.

What are several economic problem confronting the Philippines?

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Asked by Wiki User

There are several economic problems our country encountered.But the first is corruption, poverty and unemployment and the most problem is misorganization of the government...philippines encounter these problems not only because of the ruler or the government handlers who manage and handle the allabouts of our country, but these problems are done by all...

Solution of education problem in the Philippines?

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Asked by Wiki User

okay , education in general helps us work , but lets take from other point of view , if most of the philpino ppl dont study , the country is going to face aproblem where the demanded skills dont match the skills available with the ppl , therefore too unemployment will result in less country output or economical output ...

okay , education in general helps us work , but lets take from other point of view , if most of the philpino ppl dont study , the country is going to face aproblem where the demanded skills dont match the skills available with the ppl , therefore too unemployment will result in less country output or economical output ...