FORECASTS for Philippine economy have remained upbeat with the projected higher consumer and government spending and favorable outlook for real estate and tourism sectors. An economic outlook and forecasts by Metrobank’s research department showed that the country’s growth domestic product (GDP) will continue to grow at an average of six percent in 2013. Because of the stellar growth in the first three quarters of 2012 and given the still rosy prospects‚ the Research center has revised a full-year
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based on the quantity produced. It is not a function of the value of the product being taxed. Cigarettes are a product being taxed in such category. The use of specific tax could have been a good idea since it is evident that even though the Philippines is a small country‚ it is the 12th largest in the cigarette industry with an annual volume of around 85 billion sticks of cigarettes. At P1.00 per stick‚ it could easily translate to P85 billion tax revenue and yet we had only collected a mere P27
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BANK OF THE PHILIPPINE ISLANDS Bank of the Philippine Islands (BPI) is that country’s second-largest bank‚ trailing only Metropolitan Bank & Trust. It is also the Philippines’ oldest bank and one of the oldest of all Asian banks. BPI offers a full range of commercial and retail financial services‚ including corporate finance services‚ asset management‚ and brokerage and other financial consulting services. BPI’s retail network includes more than 700 branches throughout the Philippines‚ as well
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CONSUMER LIFESTYLES IN THE PHILIPPINES Euromonitor International August 2012 CONSUMER LIFESTYLES IN THE PHILIPPINES Passport I LIST OF CONTENTS AND TABLES Consumer Habits in Context......................................................................................................... 1 Current Behaviour Within the Broader Economic Climate ........................................................ 1 Consumer Confidence ...............................................................
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5 CONTEMPORARY WORLD PROBLEMS Global Financial Crisis The global financial crisis‚ brewing for a while‚ really started to show its effects in the middle of 2007 and into 2008. Around the world stock markets have fallen‚ large financial institutions have collapsed or been bought out‚ and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems. Treatment of Women in Afghanistan Women in Afghanistan are treated unfairly due
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account any ownership on some other lines. The article is about Charter change (CHA-CHA) must be pushed in the Philippines. It sites that our Constitution‚ is not welcoming foreign investors to our mass media and advertising‚ public utilities‚ educational institutions‚ land ownership‚ and exploitation of natural resources. The good news is‚ letting foreign investors to invest only in our stock market‚ not in actual capital goods and fixed investments. Moreover‚ our president compared our country to China
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Situation 1: The motorcycle helmet market has 13 companies‚ and four firm concentration ratio of 26%. While the helmets have a variety of designs‚ they are sold at very similar prices. Recently‚ the death rate from head injuries in motorcycle crashes has been rising. The producers advertise their helmets as “effective‚” but some helmets withstand most falls and others are produced with materials that are more likely to crack in commonly experienced falls. The weaker helmets cost about $8 less to
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and protect tourists from exploitation remains weak. This program is intended complement the access and connectivity infrastructure and destination and product development and marketing strategies by strengthening the “soft” components of the Philippine Tourism Product – tourism institutions/organizations and human resources – that tie together the hard elements of the tourist destination such as infrastructure‚ facilities‚ and amenities. » Building Tourism Institutions » Sustainable Human
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10 Economic Problems of the Philippines 1. Over-dependence on Global Economy The growth of the Philippines economy drastically slowed to just 3.6% in the first three quarters of 2011‚ which is significantly less than the 7%-8% growth targeted by administration’s Philippine Development Plan (PDP). Though the slowdown may have been due to the ongoing global crisis‚ it was markedly slower in comparison to other South-East Asian neighbors. Economic performance figures indicated a contraction
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PHILIPPINE SOCIETY AND REVOLUTION Amado Guerrero Originally Published in Mimeograph by the Revolutionary School of Mao Tsetung Thought 1970 TABLE OF CONTENTS AUTHOR’S INTRODUCTION ..................................................................................... 1 CHAPTER ONE .......................................................................................................... 2 A REVIEW OF PHILIPPINE HISTORY .......................................................................
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