MANILA, Philippines – The Philippines stands at an important moment in its development journey. Its transition to upper-middle income country (Umic) status on July 1st 2026, is a recognition of

MANILA, Philippines — The Philippines has finally crossed into upper-middle income status—after nearly four decades as a lower-middle-income economy. Yet for many Filipinos still…

This milestone is real, and it took decades of work by millions of Filipinos, not any single administration

MANILA, Philippines – The Philippines stands at an important moment in its development journey. Its transition to upper-middle income country (Umic) status on July 1st 2026, is…

After hitting this milestone, the country’s chief economist says the challenge is now both 'making the growth faster' and 'more inclusive so that poverty reduction can be faster'