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
BAGUIO CITY — A new bamboo ecopark has opened in Burnham Park, giving visitors a space to learn about bamboo's role in environmental conservation and…
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TACLOBAN CITY — Stakeholders have pledged to protect the environment and biodiversity of the Samar Island Natural Park (SINP) amid the ongoing construction of…
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Pasig has given RC enthusiasts a course of their own. Watching the small vehicles move around it also shows how much patience driving can require.
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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 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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From a shy and lonely boy traumatized by World War II, Hayao Miyazaki has made history for his 2001 opus Spirited Away , which shattered box office records and…
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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 Green Samar initiative is expected to attract more international participation in the Philippines’ emerging natural capital sector, as it demonstrates how…
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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…
· 1 min read