Finance Secretary Frederick Go MANILA, Philippines – Finance Secretary Frederick Go welcomed the Philippines’ attainment of upper middle-income status, saying the milestone reflects the

Philippines achieves upper-middle income status after years of robust growth. Experts warn the hardest work lies ahead to avoid the middle-income trap.

The Philippines has achieved the upper-middle income status, says the World Bank. – FILE PHOTO MANILA, Philippines – The Philippines is now an upper-middle income country,…