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Science and technology in the Philippines describes scientific and technological progress made by the Philippines and analyses related policy issues. The main agency responsible for managing science and technology (S&T) is the Department of Science and Technology (DOST). There are also sectoral councils for Forestry, Agriculture and Aquaculture ...
The Department of Science and Technology (abbreviated as DOST; Filipino: Kagawaran ng Agham at Teknolohiya), is the executive department of the Philippine government responsible for the coordination of science and technology-related projects in the Philippines and to formulate policies and projects in the fields of science and technology in support of national development.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
The Filipino value system describes "the commonly shared and traditionally established system of values underlying Filipino behavior" within the context of the larger Filipino cultural system. [ 1] These relate to the unique assemblage of consistent ideologies, moral codes, ethical practices, etiquette and personal and cultural values that are ...
Congressional Commission on Science and Technology and Engineering. The Congressional Commission on Science and Technology and Engineering (COMSTE) was created by a joint resolution of the 13th Congress of the Philippines to create, amend, or repeal laws and propose budgets that will make the Philippines competitive in science and technology. [1]
In economics and finance, present value (PV), also known as present discounted value, is the value of an expected income stream determined as of the date of valuation.The present value is usually less than the future value because money has interest-earning potential, a characteristic referred to as the time value of money, except during times of negative interest rates, when the present value ...
The Philippine peso has since traded versus the U.S. dollar in a range of ₱24–46 from 1993 to 1999, ₱40–56 from 2000 to 2009, and ₱40–54 from 2010 to 2019. The previous 1903–1934 definition of a peso as 12.9 grains of 0.9 gold (or 0.0241875 XAU) is now worth ₱2,266.03 based on gold prices as of November 2021.
History. The establishment of the National Academy of Science and Technology was a proposal of several professors from the University of the Philippines. It was endorsed by the National Science Development Board (now Department of Science and Technology) to the President of the Philippines. NAST was created through Presidential Decree 1003-A ...