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The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
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 ...
However, since R.A. 7941 limits the maximum number of seats for each party to three, of the existence of a 2% quota, and that 20% of the seats can be filled up, the court instead devised the formula above to ensure that the 20% allocation for sectoral representatives would not be exceeded, the 2% threshold will be upheld, the three-seat limit ...
Press release on the 2004 Survey on Overseas Filipinos, Philippine Statistics Authority, on OFWs: 1.06 million Overseas Filipino Workers. 33.4% are unskilled workers, 15.4% are Trades and related workers, 15.1% are plant and machine operators and assemblers. 49.3% are males, 50.7% are females.
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 Philippines, along with Vietnam, the People's Republic of China (PRC), the Republic of China (ROC), Malaysia and Brunei, is a claimant country in the disputed Spratly Islands of the South China Sea . As of 2020, the Philippines are occupying and/or controlling eleven features (eight islands, three reefs), as detailed in the following table:
Poverty incidence of Oriental Mindoro 10 20 30 40 50 2006 43.67 2009 36.08 2012 29.33 2015 22.35 2018 10.81 2021 12.80 Source: Philippine Statistics Authority Oriental Mindoro's rich and arable land is suitable for agriculture. It produces large quantities of rice, corn, coconut, vegetables and fruits like calamansi, banana, rambutan, marang or uloy, lanzones and durian. For that, Oriental ...
A federal appeals court has found unconstitutional a key component of the Affordable Care Act in a Texas lawsuit over an HIV-prevention drug.
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