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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. [31] 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 Philippines was the only country in the Southeast Asia region that had a declining youth literacy rate between the years of 1990 and 2004, according to data from the United Nations. This prompted major school reforms and in 2012, a K-12 school curriculum was introduced which included a year of kindergarten and two senior school years.
The Chamber of Commerce of the Philippines started on July 19, 1903, as the Philippine Chamber of Commerce (PCI). In 1948, Hilarion Henares, Sr. established the Small Industries and Machine Shop Owners of the Philippines (abbreviated as SIMSOP) and after two years of establishment, the Chamber of Commerce of the Philippines changed its name to Philippine Chamber of Commerce on March 4, 1950.
Founded in 2014, Great Deals is an e-commerce enabler that helps brands like Abbot, L’Oréal and Unilever build their online retail operations in the Philippines. The startup announced today ...
The Philippine Internet Commerce Society (PICS) is an advocacy group which promotes electronic commerce in the Philippines. It was founded in September 1997 by Janette Toral. [1] It successfully lobbied for the passage of the Y2K Law, which made industries prepare for the year 2000 and guard themselves from "Y2K Bug" which was expected to ...
Lazada Group ( Chinese: 來贊達; t/a Lazada) is an international e-commerce company and one of the largest e-commerce operators in Southeast Asia, with over 10,000 third-party sellers as of November 2014, and 50 million annual active buyers as of September 2019. [ 3][ 4][ 5][needs update] Backed by Rocket Internet, Maximilian Bittner founded ...
The Philippine Statistics Authority (Filipino: Pangasiwaan ng Estadistika ng Pilipinas; PSA) is the central statistical authority of the Philippine government that collects, compiles, analyzes, and publishes statistical information on economic, social, demographic, political affairs, and general affairs of the people of the Philippines, as well as enforcing the civil registration functions in ...
The Philippines, [f] officially the Republic of the Philippines, [g] is an archipelagic country in Southeast Asia. In the western Pacific Ocean , it consists of 7,641 islands , with a total area of 300,000 square kilometers, which are broadly categorized in three main geographical divisions from north to south: Luzon , Visayas , and Mindanao .