Philippines’ UMIC label: A prosperity mirage?
Before we start celebrating and patting ourselves on the back, what, in fact, is the reality on the ground?
· 3 min read
Daily TribuneTopic
Before we start celebrating and patting ourselves on the back, what, in fact, is the reality on the ground?
· 3 min read
Our greatest competitive advantage must increasingly come from the creativity, ingenuity, and innovative spirit of the Filipino people.
· 3 min read
The decline in foreign direct investment was driven by a 91.7 percent drop in net investments in debt instruments - $44 million from $522 million in April…
· 2 min read
A decade or two ago, we saw strong volume growth in beer and spirits. Today, coffee has probably become the fastest-growing beverage consumed outside the home.
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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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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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A certain occupant of the Palace by the Pasig River couldn’t wait to crow about a shiny new label from Washington: upper middle-income country, they called it,…
· 2 min read
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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PETValue Philippines Corporation and Republic Cement & Building Materials Inc. (RCBM) have formalized a Zero Waste to Landfill Partnership, reinforcing…
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Digital bank Maya will reduce its InstaPay transfer fee to P10 from P15 beginning Monday, 6 July, joining a growing number of financial institutions lowering…
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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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More Filipinos could benefit from stronger job creation, higher incomes, and increased investment after the Philippines officially graduated to…
· 1 min read
The labor market compounds the misery. The unemployment rate rose from 4.4 percent in December 2025 to 5 percent in March 2026, while core inflation climbed to…
· 3 min read
SM Prime Holdings Inc. is betting that the country’s appetite for live experiences is only getting bigger, expanding beyond Metro Manila with the opening of…
· 4 min read
The tragedy of Philippine corruption is not that it is new. It is that it is familiar. Yet so, too, is the country’s capacity to recover. If corruption has…
· 4 min read
Lagen Island in Palawan will reopen in January 2026 following a major transformation that positions the resort as a luxury eco-retreat centered on Filipino…
· 1 min read
The Philippines' balance of payments (BoP) deficit widened to $5.3 billion in the first quarter of 2026, equivalent to 4.5 percent of gross domestic product…
· 2 min read
Our inflation is going bonkers at almost a 7-percent clip, which is way over the 2- to 4-percent target of our economic planners.
· 3 min read