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The Calamba Sugar Central sugar mill on Luzon in 1929 Central Aucarera de La Carlota (a sugar mill). Sugar became the most important [according to whom?] agricultural export of the Philippines between the late eighteenth century and the mid-1970s because of two main reasons: 1) foreign exchange earned and 2) it was the basis of wealth accumulation of some Filipino elite at that time.
Until January 1991, the Philippines did not have a civilian national police force, and instead had the Philippine Constabulary under the Armed Forces of the Philippines (AFP) and city and municipal police organized under the Integrated National Police, [1] which was likewise nationalized and integrated under the command of the military under martial law in 1975.
The name "Philippines", instead of "Philippine Airlines", is to denote that PAL is the primary flag carrier of the Philippines. However, this sometimes leads to confusion that a PAL plane, especially when chartered by the President for official or state visits, is, in fact, the official air transport of the Philippine head of state .
Visas in the Philippines Type Visa Description Non-immigrant [31] 9(a) Pleasure, business or health 9(b) Transit 9(c) Seaman on a ship docking in a port of entry in the Philippines 9(d) Alien businessman 9(e) Foreign government officials and their dependents, assistants and employees 9(f) Students 9(g) Pre-arranged employees and their dependents
From 1934 through 1985, the finance industry averaged 13.8% of U.S. domestic corporate profit. Between 1986 and 1999, it averaged 23.5%. From 2000 through 2010, it averaged 32.6%. Some of this increase is doubtless due to increased efficiency from banking consolidation and innovations in new financial products that benefit consumers.
The Philippines suffers from widespread corruption, [1] which developed during the Spanish colonial period. [2] [3] According to GAN Integrity's Philippines Corruption Report updated May 2020, the Philippines suffers from many incidents of corruption and crime in many aspects of civic life and in various sectors.
The Social Security tax is divided into 6.2% that is visible to employees (the "employee contribution") and 6.2% that is visible only to employers (the "employer's contribution"). For the years 2011 and 2012, the employee's contribution had been temporarily reduced to 4.2%, while the employer's portion remained at 6.2%, [ 38 ] but Congress ...
An employee ownership business model is a way of achieving benefits for a business, its employees, and society. [4] The trust model has the following characteristics in comparison to employee ownership models involving direct employee share ownership: [5]