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The richest 10 percent, meanwhile, took a larger share of the income at 41.7 percent in 1980, up from 37.1 percent in 1970. [61] According to the FIES (Family Income and Expenditure Survey) conducted from 1965 to 1985, poverty incidence in the Philippines rose from 41 percent in 1965 to 58.9 percent in 1985.
Meanwhile, other countries may have a national rate which often is superseded by state, provincial, cantonal, county and city minimum wage rates. For example, 33 states in the United States have higher minimum wages than the federal rate (plus military rates on federal bases) – on top of this an additional 42 city-level subdivisions having ...
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Philippine National Bank (1916–1949) Website. www .bsp .gov .ph. The Bangko Sentral ng Pilipinas ( lit. 'Central Bank of the Philippines'; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act 7653 or the New Central Bank ...
TOKYO (Reuters) - Japanese e-commerce conglomerate Rakuten Group said on Wednesday that it will issue $1.8 billion of U.S. dollar-denominated 3-year senior notes at an interest rate of 11.25%.
TOKYO (Reuters) -Japanese e-commerce conglomerate Rakuten Group has raised the size of a planned dollar-denominated 3-year senior note issuance to $1.75 billion from $1 billion, according to a ...
The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of end-June 2023, the total national debt of the Philippines amounts to ₱14.62 trillion ($264.49 billion). Total outstanding debt: ₱14.62 trillion ($264.49 billion) (58.3% of GDP) (December 2023)
The five countries with the largest foreign exchange reserves almost all have reserves of at least 500 billion USD and higher and have maintained such an amount for at least a week. At present there are only six countries whose reserves are at such a figure; this includes China, Japan, Switzerland, India, Russia and Taiwan.