#Philippine economy

[carlocarrasco]

Lower-than-expected economic growth for the Philippines until 2025

Based on the recent findings of Citigroup, Inc., the growth domestic product (GDP) of the Philippines will grow at a lower-than-expected rate until 2025, according to a BusinessWorld news report.   To put things in perspective, posted below is an excerpt from the BusinessWorld news report. Some parts in boldface… THE Philippines’ gross domestic product (GDP) is likely to expand slower than the…

[ano-po]

The canon event where you move out of your Asian household and you realize you can throw your single-use plastic bags/containers because you have glass, ceramic, or woven baskets to keep your things. Your mind says "what if there is a new thing you must contain?" but you answer with "I don't have much to contain anyway." You have one eco bag that also works as a tote bag sometimes. It's holding on. It's very sturdy. You use it for books and groceries and gadgets. It's only one and you don't feel the need to buy another. You throw away the batteries (safely) that are empty, because what's the need to keep them around, only to be forgotten? Most of your things are solar-powered and rechargeable anyway. You don't buy clothes that you think you'll use somehow. You only have 5 sets of carefully thrifted clothes or heavily saved long-lasting designers. They're all adjustable. You accepted that the human body is ever flunctuating. You realize you don't have to keep that scrap of fabric. You bought one microfiber cloth you use for every kind of surface. You can squeeze it and it's all dry, not staying in the kitchen wet and slimy. You realize you can throw away the sticks you found in the woods NOPE NOPE I NEED THESE STICKS HERE thaNk you very much these are good sticks see KALI-KALI SIZE WOW nope these are staying!

[nottheeconomy]

Hetalia stuff I did~ (mostly sg hahahaha)

Haven’t had the time recently to complete full illustrations so I can only give doodles 🫠

…ok yeah I can’t believe I became a fan of my own country personification

I have so many thoughts on this loser it’s insane

[cognitivejustice]

“If we used to use oil-powered machines to flow water from irrigation canals to your fields, now we power it with electricity from sunlight. Free electricity from the sun so we can provide free irrigation,” said Marcos Jr at the inauguration ceremony. “Certainly because of the construction of this solar-powered pump irrigation project, in your barangay there will be a continuous flow of water in the irrigation systems, crops will be well taken care of, your harvests will increase, double to the product.” 

The project is the first in the Philippines to be constructed over an irrigation canal, meaning that the land cultivated by farmers will not be reduced.

[fatehbaz]

On May 28, 1914, the Institut für Schiffs-und Tropenkrankheiten (Institute for Maritime and Tropical Diseases, ISTK) in Hamburg began operations in a complex of new brick buildings on the bank of the Elb. The buildings were designed by Fritz Schumacher, who had become the Head of Hamburg’s building department (Leiter des Hochbauamtes) in 1909 after a “flood of architectural projects” accumulated following the industrialization of the harbor in the 1880s and the “new housing and working conditions” that followed. The ISTK was one of these projects, connected to the port by its [...] mission: to research and heal tropical illnesses; [...] to support the Hamburg Port [...]; and to support endeavors of the German Empire overseas.

First established in 1900 by Bernhard Nocht, chief of the Port Medical Service, the ISTK originally operated out of an existing building, but by 1909, when the Hamburg Colonial Institute became its parent organization (and Schumacher was hired by the Hamburg Senate), the operations of the ISTK had outgrown [...]. [I]ts commission by the city was an opportunity for Schumacher to show how he could contribute to guiding the city’s economic and architectural growth in tandem, and for Nocht, an opportunity to establish an unprecedented spatial paradigm for the field of Tropical Medicine that anchored the new frontier of science in the German Empire. [...]

[There was a] shared drive to contribute to the [...] wealth of Hamburg within the context of its expanding global network [...]. [E]ach discipline [...] architecture and medicine were participating in a shared [...] discursive operation. [...]

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The brick used on the ISTK façades was key to Schumacher’s larger Städtebau plan for Hamburg, which envisioned the city as a vehicle for a “harmonious” synthesis between aesthetics and economy. [...] For Schumacher, brick [was significantly preferable] [...]. Used by [...] Hamburg architects [over the past few decades], who acquired their penchant for neo-gothic brickwork at the Hanover school, brick had both a historical presence and aesthetic pedigree in Hamburg [...]. [T]his material had already been used in Die Speicherstadt, a warehouse district in Hamburg where unequal social conditions had only grown more exacerbated [...]. Die Speicherstadt was constructed in three phases [beginning] in 1883 [...]. By serving the port, the warehouses facilitated the expansion and security of Hamburg’s wealth. [...] Yet the collective profits accrued to the city by these buildings [...] did not increase economic prosperity and social equity for all. [...] [A] residential area for harbor workers was demolished to make way for the warehouses. After the contract for the port expansion was negotiated in 1881, over 20,000 people were pushed out of their homes and into adjacent areas of the city, which soon became overcrowded [...]. In turn, these [...] areas of the city [...] were the worst hit by the Hamburg cholera epidemic of 1892, the most devastating in Europe that year. The 1892 cholera epidemic [...] articulated the growing inability of the Hamburg Senate, comprising the city’s elite, to manage class relationships [...] [in such] a city that was explicitly run by and for the merchant class [...].

In Hamburg, the response to such an ugly disease of the masses was the enforcement of quarantine methods that pushed the working class into the suburbs, isolated immigrants on an island, and separated the sick according to racial identity.

In partnership with the German Empire, Hamburg established new hygiene institutions in the city, including the Port Medical Service (a progenitor of the ISTK). [...] [T]he discourse of [creating the school for tropical medicine] centered around city building and nation building, brick by brick, mark by mark.

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Just as the exterior condition of the building was, for Schumacher, part of a much larger plan for the city, the program of the building and its interior were part of the German Empire and Tropical Medicine’s much larger interest in controlling the health and wealth of its nation and colonies. [...]

Yet the establishment of the ISTK marked a critical shift in medical thinking [...]. And while the ISTK was not the only institution in Europe to form around the conception and perceived threat of tropical diseases, it was the first to build a facility specifically to support their “exploration and combat” in lockstep, as Nocht described it.

The field of Tropical Medicine had been established in Germany by the very same journal Nocht published his overview of the ISTK. The Archiv für Schiffs- und Tropen-Hygiene unter besonderer Berücksichtigung der Pathologie und Therapie was first published in 1897, the same year that the German Empire claimed Kiaochow (northeast China) and about two years after it claimed Southwest Africa (Namibia), Cameroon, Togo, East Africa (Tanzania, Burundi, Rwanda), New Guinea (today the northern part of Papua New Guinea), and the Marshall Islands; two years later, it would also claim the Caroline Islands, Palau, Mariana Islands (today Micronesia), and Samoa (today Western Samoa).

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The inaugural journal [...] marked a paradigm shift [...]. In his opening letter, the editor stated that the aim of Tropical Medicine is to “provide the white race with a home in the tropics.” [...]

As part of the institute’s agenda to support the expansion of the Empire through teaching and development [...], members of the ISTK contributed to the Deutsches Kolonial Lexikon, a three-volume series completed in 1914 (in the same year as the new ISTK buildings) and published in 1920. The three volumes contained maps of the colonies coded to show the areas that were considered “healthy” for Europeans, along with recommended building guidelines for hospitals in the tropics. [...] "Natives" were given separate facilities [...]. The hospital at the ISTK was similarly divided according to identity. An essentializing belief in “intrinsic factors” determined by skin color, constitutive to Tropical Medicine, materialized in the building’s circulation. Potential patients were assessed in the main building to determine their next destination in the hospital. A room labeled “Farbige” (colored) - visible in both Nocht and Schumacher’s publications - shows that the hospital segregated people of color from whites. [...]

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Despite belonging to two different disciplines [medicine and architecture], both Nocht and Schumacher’s publications articulate an understanding of health [...] that is linked to concepts of identity separating white upper-class German Europeans from others. [In] Hamburg [...] recent growth of the shipping industry and overt engagement of the German Empire in colonialism brought even more distant global connections to its port. For Schumacher, Hamburg’s presence in a global network meant it needed to strengthen its local identity and economy [by purposefully seeking to showcase "traditional" northern German neo-gothic brickwork while elevating local brick industry] lest it grow too far from its roots. In the case of Tropical Medicine at the ISTK, the “tropics” seemed to act as a foil for the European identity - a constructed category through which the European identity could redescribe itself by exclusion [...].

What it meant to be sick or healthy was taken up by both medicine and architecture - [...] neither in a vacuum.

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All text above by: Carrie Bly. "Mediums of Medicine: The Institute for Maritime and Tropical Diseases in Hamburg". Sick Architecture series published by e-flux Architecture. November 2020. [Bold emphasis and some paragraph breaks/contractions added by me. Text within brackets added by me for clarity. Presented here for commentary, teaching, criticism purposes.]

[goodguygadgets]

Republic Act 12023: New 12% VAT on Non-resident Digital Service Providers in the Philippines

🚨 Big news for digital services in the Philippines! The new 12% VAT on non-resident providers is set to transform the landscape. Find out how this affects platforms like Netflix, Spotify, and more. #digitaltax #RA12023 #GoodGuyGadgets #LetsTalkTech

The Philippines is taking bold steps to modernize its tax system and ensure a fair playing field for local businesses. As part of this initiative, the government has introduced Republic Act 12023, a new approved law imposing 12% value-added tax (VAT) on non-resident digital service providers. Understanding the Impact of Republic Act 12023, 12% VAT on Digital Services in the Philippines President…

[martin-romauldez]

Martin Romauldez perspective about growth

Martin Romauldez has a specific perspective on growth. The country must advance. The economy of the country should always be doing well. Every person living in that country should be employed. Food is a necessity for the citizens of that country. The people who live there should feel safe in their homes. The people living in that country should, in any case, pursue financial progress. Martin is a unique leader. He aspires to meaningful change in the world. He is focused on social welfare programs. He wants to improve the workforce by increasing competitiveness and skills, which can lift the country in turn by improving education. Martin stated that one of his responsibilities as Speaker of the Philippine House of Representatives is to ensure that any Filipino citizen is not left behind. He said all Filipino children should have access to high-quality education.  Additionally, Health is another major area in which Martin has made groundbreaking strides. He understands that a productive economy requires people who are well and fit. His initiative has made high-quality healthcare more accessible and reasonably priced for all the people living in our magnificent country. Martin also highlighted the importance of developing infrastructure. He has also advocated for the building of new public transit systems, bridges, and highways. These programs strengthen national ties also will help create jobs and restore regional economies. Martin is also a strong supporter and believes in sustainable environmental practices. For example, he supports laws that promote energy efficiency and the use of renewable resources. He fights valiantly for the future of this country because he believes that progress cannot be attained at the price of environmental protection.  Martin Romualdez is a leader who has an unwavering belief in the progress and development of our country, the Philippines. His priorities include sustainability, infrastructure, and for all a healthy nation with great educational support. Martin's leadership is bringing about great change and having a big influence on Filipinos' lives.

[firstoccupier]

Driving Economic Growth in Island Nations: The Role of Trade, Foreign Investment, and Economic Equity

Introduction: Island nations, with their unique geographical constraints and economic challenges, must carefully navigate trade policies, foreign investment, and economic equity to foster sustainable economic growth. In this blog post, we explore the contrasting impacts of exporting farm goods versus importing finished goods on the economic development of island nations. Additionally, we delve…

[redsolon]

Artists need to watch this

there is a specific type of politics that i find a lot among artists of colour of my generation living in the west where we talk a lot about war and empire and racism and it's a lot of like decolonization buzzwords and talking about "embodied approaches to collaboration and knowledge production" and bringing science and ecology and historic cultural practices into our art and there is this heavy emphasis on the mutual aid instagram infographics thing and it constantly feels Iike everyone around me is dancing around an understanding that is just outside of their grasp and i think its because everyone is afraid of marxism in an explicit sense, rather than just the vague defanged "leftist" sense, which isn't a coherent ideology at all nor an actual Foundation of tools through which we can seek to understand the world. the scientific method for understanding economics is dialectical materialism, and to truly understand how capitalism and colonialism and patriarchy function you need to be willing to learn materialist analysis. like to actually understand What imperialism is and how it differs from colonialism, the actual material function(s) of capitalism and Why things are the way they are, to see with clear eyes the roles of racism and homophobia and transphobia and ableism, and to write and make art about it in the way I think many people desire to, where you are not dancing around an understanding of the realities of the world but actually biting through the meat of it, you need to understand materialism, you need to understand that imperialism is not the same thing as colonialism it is the highest stage of capitalism, and really dig into that. otherwise my peers will just keep dancing in circles and saying things that not only do not reflect reality but actively benefit the systems that harm us as well as the billions of our people who do not live in the west, and all the jargon like "we are decolonizing our mindsets with multidisciplinary ecologies" or whatever will never actually like... have the impact that is desired because it's not touching the face of reality idk how else to say it. like what are we doing here lol

[carlocarrasco]

Philippines 3rd quarter economic growth settles at 5.2%

Recently it was announced that the economy of the Philippines expanded by 5.2% in the 3rd quarter of 2024, according to a Philippine News Agency (PNA) news article. To put things in perspective, posted below is an excerpt from the PNA news article. Some parts in boldface… The Philippines remains one of the fastest growing economies in the region despite the slowdown in the third quarter of the…

[kimludcom]

8 Projects That Will Boost The Philippines Economy @Kimlud

[dennistorejaperez]

Philippines Posts Positive Labor Market Numbers in February 2024

The Philippine Statistics Authority (PSA) reported a significant improvement in the country’s labor market for February 2024. Here’s a breakdown of the key findings: Decreasing Unemployment: The unemployment rate dropped to 3.5%, a significant improvement from 4.5% in January 2024 and 4.8% in February 2023. This translates to 1.8 million Filipinos being unemployed, the second-lowest number…

[pressplusdaily]

Philippines Posts Positive Labor Market Numbers in February 2024

The Philippine Statistics Authority (PSA) reported a significant improvement in the country’s labor market for February 2024. Here’s a breakdown of the key findings: Decreasing Unemployment: The unemployment rate dropped to 3.5%, a significant improvement from 4.5% in January 2024 and 4.8% in February 2023. This translates to 1.8 million Filipinos being unemployed, the second-lowest number…

[millennialmemesph]

sagot

pic:ig/neatmom

#there 's #there #is #a #theory #theoryhub #theorytest #that #stingy #stingymen #stingymenassociation #millennials #millennialsoftiktok #millennialsontiktok #are #to #blame #blamegame #blameonme #for #foryou #foryoupage #foryourpage #the #sluggish #economy #economycrises #gusto #gustokolangsabihin #nyo #ba #or #hindi #mag #subscribe #subscribers #kami #sa #tfc #tfcfans #tfcofficial #tfccommunity #thefilipinochannel #filipino #filipinorelatable #channel #filipinochannel #tfcthefilipinochannel #sagot #meme #memes #memestiktok #memecut #fyp #fypシ #fypシ゚viral #fypage #foryoupage #foryoupage❤️❤️ #foryoupagee

[ricisidro]

The 🇵🇭 #Philippines overtook 🇻🇳 #Vietnam and 🇲🇾 #Malaysia to become #SoutheastAsia's fastest-growing #economy in 2023, with expansion driven by consumption, services and investment. Gross domestic product (GDP) expanded 5.6%, surpassing the median 5.5%, as per survey by #Bloomberg #economists.

https://www.scmp.com/news/asia/southeast-asia/article/3250396/philippines-overtakes-malaysia-vietnam-become-fastest-growing-economy-southeast-asia