Business and Economy

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Philippine Business and Economy


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The Economy of the Philippines has propelled the country to becoming one of the emerging tiger economies in South-East Asia. In 2004, it was ranked as the 24th largest economy by the World Bank according to purchasing power parity. The Philippines is one of the emerging markets in the world.

Important sectors of the Philippine economy include agriculture and industry, particularly food processing, textiles and garments, and electronics and automobile parts. Most industries are concentrated in the urban areas around metropolitan Manila. Mining also has great potential in the Philippines, which possesses significant reserves of chromite, nickel, and copper. Recent natural gas finds off the islands of Palawan add to the country's substantial geothermal, hydro, and coal energy reserves.

2006 Figures

In 2006, the Philippine economy expanded at a rate of 5.4%, faster than the previous year. The government plans to increase the country's GDP by 7% in 2007, although official projection is around 6.1%-6.7%. It also aims to grow the economy by 9% in 2009, as part of the projected target of the government via enhanced public investment to attract foreign capital as well as improved domestic improvement.


Contents

Sectors

  • Finance
    • PRIVATE FINANCIAL INSTITUTIONS
      • Banks
      • Pawnshops
      • Insurance systems
    • GOVERNMENT FINANCIAL INSTITUTIONS
      • Rural banks
      • Cooperatives
      • Insurance systems
    • Bank executives
  • AGRICULTURE
    • Livestock
    • Plant industry
    • Fishery
  • TRADE AND INDUSTRY
    • Companies
      • Multinational
      • Local
    • Government institutions
  • MANUFACTURING AND ASSEMBLY
    • Factories
    • Plants
  • TRANSPORTATION AND COMMUNICATION
    • Airports
    • Airlines
    • Ports
    • Sea liners/ferry transport
    • Rail transport*
    • Public transport
    • Communications companies
    • Postal communications
  • TECHNOLOGY
    • IT Companies
    • Government monitoring institutions
  • 'MINING
  • SERVICES
    • Nursing
  • INTERNATIONAL RELATIONS
  • UNDERGROUND ECONOMY

Economy under various Administrations

  • The economy before Martial Law
  • The economy under President Marcos
  • The economy after Martial Law
  • Economic Reforms under President Ramos
  • The economy under President Estrada
  • The economy under President Macapagal-Arroyo

Statistics per year

  • GNP
  • GDP
  • The Peso
  • Inflation
  • Production

Philippine Accountant

What is Certified Public Accountant?

Brief Description:

A Certified Public Accountant is a license degree for advancing accounting, financing and auditing terms. In every CPA accountants you should be able to take the exam to enhance your knowledgeable skills and your mental ability.


How to be a Certified Public Accountant?

These are the following steps to become a CPA:


1. Don’t forget to pray. It works.

- Pray to God that you won’t easily forget what you’ve study and read about information of CPA.


2. Be prepared to take the CPA Exam

- In taking the CPA Examination you must be prepared

requirements like calculators, scratch paper and pencil etc.

Make sure that you give your 100% concentration

while taking your CPA Exam.


3. Study about the CPA Exam

- After studying yourAccountancy Degree you ought to know the basic formats, contents and directions that are commonly written in CPA Examination. And you must be aware what kind of questions will be given in the examination.


4. Prepare about the CPA Exam changes

- Every year CPA Examination questions are changing. So don’t concentrate your attention in previous questions that you take up instead be open-minded and be knowledgeable. And read every question carefully.


If you have questions about the examination you just took, comments about your testing experience, or any issues to report?


If yes, search in the Google about CPA Help and CPA Search. To know some information’s about CPA Examination.

Famous Economic Events

Famous Economic Places

Economic Issues