The Philippines (i/ˈfɪlᵻpiːnz/; Filipino:Pilipinas[ˌpɪlɪˈpinɐs]), officially known as the Republic of the Philippines (Filipino:Republika ng Pilipinas), is a sovereignisland country in Southeast Asia situated in the western Pacific Ocean. It consists of about 7,500 islands that are categorized broadly under three main geographical divisions: Luzon, Visayas, and Mindanao. The capital city of the Philippines is Manila and the most populous city is Quezon City; both are part of Metro Manila.
The Philippines 2000 platform largely hinged on five major areas:
Peace and Stability
Economic Growth and Sustainable Development
Energy and Power Generation
The Philippines 2000 program formed the core of the Ramos campaign platform in the 1992 elections which largely centered on economic reforms and improved national security and unity.
Effects and legacy
The Philippines 2000 platform was widely successful, making it one of the greatest legacies of the Ramos administration to the Philippines. Ramos was successfully able to open the then-closed Philippine economy and break Marcos-era formed monopolies, especially with regard to Philippine Airlines and the Philippine Long Distance Telephone Company, which were privatized and de-monopolized during his tenure. He was also able to resolve the power crisis in the Philippines through privatization of power plants and the construction of new ones. The reforms spurred additional investment into the Philippines.
NEW YORK... considering its plan doesn’t have permanency,” said Patrick O’Hare of Briefing.com ... Bad memories ... Malaysia, the Philippines and Indonesia followed, which panicked foreign investors and led to massive outflows of capital, pushing several countries into a severe recession and South Korea to the brink of default ... .
MANILA, Philippines... As operators capitalized on the Philippine's liberal gaming laws to target customers in China, where gambling is banned, the online industry emerged in the Philippines in 2016 and grew rapidly.
In 2022, the Philippines ranks 5th among the 36 lower-middle-income group economies compared to its 4th place in 2021 ... “The Philippines rank in the latest Global ... “The Philippines continues to capitalize on its strengths and increasing capacity in industry 4.0 technologies.
The ownership constraint on foreign investors had been pointed to as the main reason why the Philippines has been lagging behind Asian neighbors when it comes to the competition of cornering capital on RE investments.
Health Undersecretary MariaRosario Vergeire said the infections in Metro Manila and adjacent areas continue to rise while the number of new cases in the rest of the country "plateaus," adding that 13 of the 17 areas in the Philippine capital are showing an uptick in cases ...Philippines logs 2,536 new COVID-19 cases, 34 more deaths.
The approved guidelines set out the Bangko Sentral ng Pilipinas’ (BSP) supervisory expectations with regard to corporate and risk governance of digital banks as well as the applicable prudential regulations on capital, leverage, and liquidity ... This is to ensure that banks maintain sufficient capital to cover the risks that they assume.
Higher US interest rates, as Okonjo-Iweala notes, worsen the debt service burdens of developing nations like the Philippines and weaken their currencies because of capital flight ... A recession in Europe and the US will eventually be felt in Asia. Western consumers will buy less exports from developing nations such as the Philippines ... ....
Ginalyn then turned to the LandBank of the Philippines (LANDBANK) for credit assistance amounting to P30 million under the Emerging Female-Initiated Livelihood and Investment Projects via INclusive Financing to Accelerate Entrepreneurial Growth (FILIPINA) Lending Program, to finance the working capital for JP’s Enterprises.