MANILA, Philippines - The end of 2014 is almost here and it’s a great time to look back and review the major events in the country.
Here are a few events that helped shape the economy of the country this year:
Rose Fostanes, a 47-year old Filipino caregiver, started the year with a bang as she made the Filipinos proud when she won the X-Factor Israel.
In February, Hong Kong cancelled visa-free travel for Filipinos holding diplomatic and official passports, over the political tension due to the Manila hostage crisis.
On the other hand, Japan eased visa requirements for Filipinos applying for multiple and single-trip visas.
Globe Asiatique founder Delfin Lee was nabbed in March.
Alleged "pork barrel scam" mastermind Janet Napoles, as well as senators Bong Revilla, Juan Ponce Enrile and Jinggoy Estrada were arrested in connection with the scandal.
Before classes started in June, an additional P0.50 was charged to the minimum fare for jeepneys in Mega Manila. But before the year ended, the fare was rolled back to P7.50.
In July, Typhoon Glenda ravaged Luzon, causing P1 billion worth of damages.
Henry Sy is still the country's richest man with an estimated net worth of $12.7 million, according to Forbes magazine.
The Philippine Team won a gold medal and three silver medals in the Asian Games.
Palawan ranked the number 1 island in the world while Vigan was declared one of the New Seven Wonder Cities.
Manny Pacquiao crushed Chris Algieri in November. He is the world's 11th highest-paid athlete in 2014, according to Forbes.
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