
Former DBM chief takes helm of Al-Amanah bank
Former Budget Secretary Amenah F. Pangandaman has been appointed chairperson and chief executive officer of the Al-Amanah Islamic Investment Bank of the…
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Former Budget Secretary Amenah F. Pangandaman has been appointed chairperson and chief executive officer of the Al-Amanah Islamic Investment Bank of the…
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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…
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State-run Philippine National Oil Co. (PNOC) and the Maharlika Investment Corp. (MIC) are targeting 2028 for the development of a strategic petroleum storage…
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‘Our total assets and net income have grown steadily, our collections remain healthy, and our members continue to save with us in record numbers.’
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Pag-IBIG Fund is keeping homeownership within reach for Filipino workers by maintaining subsidized and promotional housing loan rates despite rising…
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A total of 1,000 low-income families in Rizal province have received land titles under the Marcos administration’s flagship housing program, ending a…
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elecommunications conglomerate TELUS Corporation and business process outsourcing firm NQX both confirmed that they are expanding operations in the…
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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,…
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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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The Department of Agriculture (DA) is investing P550 million over the next two years to build a nationwide network of seed storage facilities, betting bigger…
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The Commission on Elections (Comelec) has received an unmodified opinion from the Commission on Audit (CoA) for fiscal year 2025, marking its third consecutive…
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The World Bank confirmed the Philippines’ upgrade to the upper-middle-income category in its latest country income classification update on Wednesday, after…
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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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Claims that the Philippines’ newly attained upper-middle-income country (UMIC) status could affect its access to concessional financing should be viewed with…
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