The economic history of the Philippines
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- Lake Lanao circumferential road gets
additional P50 million
- Philippines News Agency, 6 September 1996. The peace
accord with the Moro National Liberation Front (MNLF)
paves way for economic development in the Autonomous
Region in Muslim Mindanao (ARMM).
- Workers and the Poor Bear Brunt of Economic
Competition
- BAYAN, Main Events in the Philippines
July—December 1998, [7 January 1999]. The
Philippines now has one of the highest unemployment
figures in Asia with 21% of total population out of
work. Intensifying competition brought about by the
deepening economic crisis is management's excuse to
increase the exploitation of the workers.
- Philippine Economy in Recession
- BAYAN, Main Events in the Philippines
July—December 1998, [7 January 1999]. Predictably,
the Philippine economy remained in a sorry state
throughout 1998 after the global crisis hit our country
extraordinarily hard last year. The worsening crisis
caused the economy to slip into recession during the
second half of the year as it posted a shrinking Gross
Domestic Product (GDP).
- Philippine economy taking off
- By Arturo Bariuad, The Straits Times,
Friday 2 Feburary 2001. Only last week there were threats
of massive job cuts, but now the peso has stabilised and
the business community feels far more confident.
- Abu Sayyaf guerrillas take Philippines
economy hostage
- AFP, Wednesday 20 June 2001. Tourists are fleeing,
investments are on hold and the peso is on the ropes as
the Philippines reels from a Muslim guerrilla hostage
crisis in the island of Basilan and other
kidnappings.
- Economy not better for most
Filipinos
- IBON media release, 4 September 2003. Majority of
Filipinos believe that the Philippine economy did not
improve since last year. This is according to the latest
IBON Survey. Only 8.85% of the respondents said that the
economy improved.