
No big deal
According to WB data, the country’s gross national income per capita hit $4,850, which is the upper-middle-income country threshold.
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Topic

According to WB data, the country’s gross national income per capita hit $4,850, which is the upper-middle-income country threshold.
· 3 min read
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If the Philippines truly wants this new economic status to have meaning, the benefits of growth must become more inclusive.
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With rising living costs, the last thing Filipinos need is to incur additional fees for basic financial transactions.
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Philippine National Bank (PNB), the banking arm of the Lucio Tan Group, said the planned stock market listing of its real estate arm, PNB Holdings Corp. (PHC),…
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The recent reclassification is not just a statistical achievement but a pivotal moment that should drive stronger support for local industries.
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Economic milestones are important because they tell us our country is moving forward, but they should also remind us that our responsibility to care for one…
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Investors and creditors may view the new classification as a signal of continued development and readiness for capital.
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We need to stop falling for the press releases. We need to stop letting macroeconomics gaslight our daily suffering. It is time to get angry.
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The threshold only asks whether a household can cover minimum basic needs. It says nothing about savings, emergencies, or plans beyond next payday.
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The Philippines’ promotion to upper middle-income economy status is expected to strengthen its standing among global investors, with the American Chamber of…
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As it celebrates its 75th anniversary, Security Bank is rolling out a range of offers that give customers more ways to be rewarded, whether they’re financing a…
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More Filipinos could benefit from stronger job creation, higher incomes, and increased investment after the Philippines officially graduated to…
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Security Bank is rolling out a series of customer rewards and promotions as it celebrates its 75th anniversary, including expanded access to its priority…
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Kinilala ng World Bank ang Pilipinas bilang isang upper-middle-income economy batay sa pinakabagong income classification nito.
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The Philippines has crossed a major economic milestone after the World Bank upgraded it to upper-middle income status, a move expected to improve investor…
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Nosy Tarsee heard that a certain listed flour-milling patriarch’s boardroom is having a rather starchy week.
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Asia United Bank (AUB) is rolling out generative artificial intelligence (AI) to expand lending to micro, small, and medium enterprises (MSMEs) and boost its…
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