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.
(FLI) has successfully raised P11.43 billion in fresh capital from the bond market to fund capital expenditures and refinance debt. In a disclosure to the PhilippineStock... FLI's bond offering proceeds will finance its capital expenditure program and repay existing due debts.
She hinted at the reopening of the PhilippinesEmbassy in Bucharest, a move expected to bolster political, diplomatic, trade, and investment links ... “We are pleased to announce that after the closure of the Philippine Embassy in Bucharest in 2012, Romania will soon be host to a re-opened Philippine diplomatic mission in its capital once more,” Usec.
It also established a liquid reference curve for future Philippine issuers to access the Sukuk market, the bureau added ... Diokno said the successful inaugural issuance reaffirmed the Philippines' strong position in the global capital markets and demonstrated investors' confidence in their financial inclusion agenda.
The Philippines dropped three places from 56th in 2022 to 59th out of 64 economies in the 2023 IMDWorldDigital Competitiveness Ranking (WDCR) ... IMD said while the Philippines showed improvements in technological framework by two places to 43rd in 2023 from 41st in 2022, it needed to enhance its regulatory framework and boost capital investments.
An underwater volcano, which erupted half a mile off Iwo Jima's southern coast, has led to a newborn island ...Philippines issues health warning as volcano brings smog to capital, nearby provinces Hawaii volcano Kilauea erupts after nearly two months of quiet Tens of thousands evacuated as wildfire burns out of control on Spain's Tenerife .
... to accelerate the country's digital transformation.In a disclosure on Wednesday, the company said it signed a memorandum of understanding with DICT and FAB to be the founding anchors of the HorizonPhilippinesProject of Plug and Play, a Silicon Valley-based venture capital firm.
In a statement, Alsons said the latest issuance had been listed on the Philippine Dealing and Exchange Corp ... The proceeds will primarily be used for general working capital, in line with a commitment to strengthen renewable energy projects with the aim of having at least half of the company's energy mix be derived from renewable sources.
As the steward of the state's mineral wealth and assets, the bureau envisions a Philippine mineral sector that thrives not only economically, but is sustained also socially and environmentally ... A mineral-rich Philippines. The Philippines is one of the countries showered with an abundance of minerals.