Phl’s next challenge: reaching high-income status — WB
The World Bank welcomed the Philippines’ transition to upper-middle-income status but said deeper structural reforms, stronger investor confidence, and quality…
· 2 MIN READ
Daily TribuneTopic
Latest Daily Tribune news and analysis on Philippines upper middle-income economy.
The World Bank welcomed the Philippines’ transition to upper-middle-income status but said deeper structural reforms, stronger investor confidence, and quality…
· 2 MIN READ
The Philippines' newfound upper-middle-income country (UMIC) status is unlikely to have a tangible impact in the near term, according to risk management firm…
· 2 MIN READ
Self-rated low-income families have climbed from 48 percent of households in June 2022, the month Marcos took office, to 52 percent as of a March 2026 survey.
· 3 MIN READ
The new classification is expected to strengthen the country’s credit profile, boost investor confidence and expand access to financing and higher-quality…
· 3 MIN READ
If the Philippines truly wants this new economic status to have meaning, the benefits of growth must become more inclusive.
· 3 MIN READ
The recent reclassification is not just a statistical achievement but a pivotal moment that should drive stronger support for local industries.
· 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…
· 2 MIN READ
President Marcos marks the Philippines' upper-middle-income status, visits Sulu and Zamboanga, and strengthens trade and defense ties with Canada.
· 5 MIN READ
Investors and creditors may view the new classification as a signal of continued development and readiness for capital.
· 3 MIN READ
The Securities and Exchange Commission is accelerating reforms to attract more investments after the Philippines achieved upper-middle-income status, with new…
· 2 MIN READ
The threshold only asks whether a household can cover minimum basic needs. It says nothing about savings, emergencies, or plans beyond next payday.
· 2 MIN READ
The Philippines has officially advanced to upper-middle-income country status, a milestone expected to attract more investments, create quality jobs, boost…
· 1 MIN READ
Families enjoyed the Holy Week by spending time together swimming at Upper Wawa Dam in Montalban, Rizal, on Sunday, 5 April 2026.
· 1 MIN READ
The Philippines aims for upper-middle-income status in 2026, with government focus on economic growth and raising per capita income, despite exchange rate…
· 1 MIN READ
The Marcos administration said it will try its best to elevate the Philippines to an upper-middle-income (UMIC) economy, following a World Bank report showing…
· 2 MIN READ
The completion of the Upper Wawa Dam reflects Prime Infra and WawaJVCo’s ability to deliver large-scale infrastructure projects on time.
· 1 MIN READ
Over 700,000 households will benefit from a more stable water supply as the Upper Wawa Dam in Rizal begins operations this December, delivering 710 million…
· 1 MIN READ