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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.
487 Questions
What are the richest cities in the Philippines?
Makati City remains the richest local government unit (LGU) in the country after it posted a P9-billion revenue collection from January to September of this year.
During this period, Makati City collected a total of P9.38 billion in revenue, which is 5 percent higher than its collection for the same period in 2011.
What is the total agricultural land area of the Philippines?
It is estimated to be 9.3 million hectares.
What are facts about overpopulation in philippines?
okay here is the thing...philippines has a population density of 312.78 per square kilometer and categorized as dense country which have a density of above 200 per square kilometer but just look at south korea, its density rate is 491 per square kilometer but it is a modern country,rich and absolutely almost no poverty,no water shortages,no famine and other that related to overpopulation...and the human development index is also very high, soo philippines also can be like that but just need some development and some economic boom it is all about managing the country ...don't blame the population,and do you know why philippines birth rate is high? easy... because the women had less education about contraception...and actualy the population is the one who contribute to economic growth.
What are the economic features of the Philippines?
A class are the top 5% (5 million people) - P25,000 to very big money, millions of dollars, billions of pesos. Senior Politicians, Land owners, Large Business Owners
B class 10-15% (10-15 million People) - P15,000 - 25,000 a month
Mid-Level Politicians, Professionals - doctors, engineers, supervisors
C 'middle class' of 20% (20million people) - P5,000 -15,000 a month Skilled craftsman teachers and nurses as well as bank clerks and retail shop assistants.
D class bottom rung 60% (60 million people) - P1,000 - 5,000 a month subsistence farmers, small fishermen, trike drivers, security guards, salesladies, waitress, waiters, janitorial, guards, private drivers, cooks, standby's*, lavenders and helpers. Just to get to work and eat and home again cost many P1,500. And no surprise many who can get away using "contract," workers, pay just that. When you explain to a worker they may be working for nothing, some are shocked but don't give up there job in hopes of getting another. Usually there is not room for promotion or a career employee that is not family or extended family relates. With 60 million people in this country, despite all the new SUV's you see on the streets you realize because of this disparity in income this is a country of mostly poor people, economically.
What will be the effect in the Philippines if Filipinos choose to work abroad?
I think,filipino who work abroad the effect is that most of the best service will be given to others countries instead we can give it to our country first because the main reason we do not have equal oppurtunity here in our country.Can you imagine most of the employee here are contractual?
What are the different kind of industry in the Philippines?
primary industry-composed of raw materials
secondary industry-processing and manufacturing of raw materials
tertiary industry-service
quaternary-anything to do with science
What is the Gross National Product in Canada?
the gross national product is a product used all over the nation that is gross.
Richest city in the Philippines?
These are the list of the richest cities in the Philippines(unorderly arranged)
1.Quezon City
2.Baguio City
3.Angeles City
4.Dagupan City
5.Cebu City
6.Makati City
7.Taguig City
8.City of San Fernando Pampanga
9. Davao City
10.Lipa City
11.Manila City
12.Batangas City
13.Iloilo City
14.Mandaluyong City
15.Zamboanga City
What are the main causes of unemployment in the Philippines?
The main causes are lack of education, especially those people from the country side
Cost of education is expensive here in the Philippines, not to mention that children do not start any government education until the age of 6
Also you have to consider that to get a job here in the Philippines, you must attend a medical, get clearance papers from the local police (to show your not a criminal) and these costs have to be incurred by the person applying for the job, so if you don't have the money in the first place to pay for these, you can't get a job
How does the bangko sentral ng pilipinas control the supply of the money?
They control it for the Philippines...that is what the central banks of each country do...and they co-operate with each other too.
Who should?
What is the micro economic problem in the Philippines?
One of the most important is the infrastructures one example is the airport which drives out tourism in the country.
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?
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 the money system in Philippines?
Philippine money is called the Filipino Peso, or in English the Philippine Peso.
Why do you think we have less economy in the Philippines?
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?
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?
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?
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.
