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Economy of the Philippines. All values, unless otherwise stated, are in US dollars. The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest ...
e. Party-list representation in the House of Representatives of the Philippines refers to a system in which 20% of the House of Representatives is elected. While the House is predominantly elected by a plurality voting system, known as a first-past-the-post system, party-list representatives are elected by a type of party-list proportional ...
The Philippines is an archipelago that comprises 7,641 islands, [8] and with a total land area of 300,000 square kilometers (115,831 sq mi), it is the world's fifth largest island country. [2] [3] [9] The eleven largest islands contain 95% of the total land area. The largest of these islands is Luzon at about 105,000 square kilometers (40,541 ...
The prevailing labor code allows the typical working hour to be 8 hours a day, i.e. 48 hours a week with the provision that at least a day should be allowed to the workers as weekly off. [2] [3] The minimum age allowed for employment is considered 15 years in the Philippines, unless the individuals are working under direct supervision of their ...
Contents. Provinces of the Philippines. In the Philippines, provinces ( Filipino: lalawigan or probinsiya) are one of its primary political and administrative divisions. There are 82 provinces at present, which are further subdivided into component cities and municipalities.
Price discrimination is a microeconomic pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider in different market segments. [1] [2] [3] Price discrimination is distinguished from product differentiation by the more substantial difference in production cost for the differently ...
The Philippines has a 24-member Senate elected at-large. Every three years since 1995, 12 seats are disputed. For 2025, the seats disputed in 2019 will be contested. Each voter has 12 votes, of which one can vote for one to twelve candidates, or a multiple non-transferable vote; the twelve candidates with the most votes are elected.
SM Megamall (formerly as SM Megamall Ortigas and colloquially known as Megamall ), is a shopping mall located in Ortigas Center, Mandaluyong, Metro Manila, Philippines. It is the third largest shopping mall in the Philippines and the thirteenth largest in the world. SM Megamall is developed and operated by SM Prime Holdings. [2]
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