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
Filinvest Land Inc. (FLI) has turned over a 6,000-square-meter property in Bicutan to the Department of Transportation (DoTr), clearing the way for 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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A 43-year-old personal assistant was arrested in Taguig City on Friday night after he allegedly pointed a loaded handgun at a man who had just helped him…
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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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The Securities and Exchange Commission (SEC) wants to turn the Philippines’ new upper-middle-income status into higher investment by pressing ahead with…
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The Philippine National Police (PNP) has ordered an immediate investigation and the filing of appropriate charges against a Taguig City police corporal accused…
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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 amount remains far below the P1,312 daily living wage estimated by IBON Foundation for a family of five.
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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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An administrative complaint for grave misconduct and conduct unbecoming of a police officer was filed Tuesday against a Taguig City policeman accused of…
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The project is intended to improve everyday convenience for residents while increasing the township’s long-term attractiveness to future buyers and investors.
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