GCash is a mobile wallet service developed by Mynt, a subsidiary of Globe Telecom. It is the most popular mobile wallet in the Philippines, with over 76 million registered users as of 2023, accounting for 67% of the Philippines’ population. GCash allows users to send and receive money, ...
These additions will boost the group’s combined population to a whopping 3.5 billion – around 45% of the world’s inhabitants3. Whilst impressive, the real barometer – GDP – is more modest. Because the new BRICS members are considered to be developing economies, their addition t...
Outsourcing is nothing new in the insurance industry. In fact, insurance has led the way in many respects, adopting outsourcing to address a wide variety of business tasks and processes over the past 20 years or more. And the reality is that the industry is facing some rough times ahead. N...
Compared to the prior discussion of the emerging research on entrepreneurship and sustainable development, the purpose of this study is to investigate the ability of the entrepreneurial activity to simultaneously enhance economic growth, advance environmental objectives, and improve social conditions in devel...
The Philippines USD 202 Russia USD 199 Kazakhstan USD 153 Bangladesh USD 75 India USD 43 Sri Lanka USD 39 Source: Tradingeconomics.com GDP per capita in Asia GDP (Gross Domestic Product) per capita is the GDP of the country divided by its population. It’s a key indicator of a country...
the government removed a limit of £250,000 on these fines in 2023, making higher charges permissible. In most EU nations, public sector spending accounts for more than 50% of the GDP, giving governments more leverage to set economic rules. Local governments take a similar carrot-and-stick...
2012 Abstract: This paper provides a working definition of what the middle-income trap is. We start by defining four income groups of GDP per capita in 1990 PPP dollars: low-income below $2,000; lower-middle-income between $2,000 and $7,250; upper-middle-income between $7,250 and $...
Other countries that have expanded rapidly include Indonesia,which is predicted to become the world’s sixth-largest economy in PPP terms by 2023, as well as Vietnam, the Philippines, and Bangladesh. Criticisms of the Asian Century Not everyone agrees that the 21st century should be described as...
Despite its contentious relationship with China, Taiwan has thrived over the last four decades. As of April 2023, Taiwan's GDP per capita was $33,910. Due to pressure from China, the country is not a part of the United Nations, but it has nevertheless emerged as a reliable exporter. ...
The term VND refers to thecurrencyabbreviation for the Vietnamese dồng. The dồng is the national currency for Vietnam, which replaced the use of separate North and South Vietnamese moneyin 1978.1The dồng is considered anexotic currencybecause of the lack of interest in it on thef...