The Philippines is on track to achieving upper middle-income country status next year, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said Thursday.
Balisacan...
“UMIC status means higher incomes, improved living standards and greater opportunities within the country.”
The Philippines is poised to join the upper-middle-income country (UMIC) ranks...
The Philippine peso, in addition to sustained economic growth, is crucial to the Philippines’ bid to become an upper-middle-income country (UMIC) by 2025.
This is...
Philippine banks are becoming bigger, fueled by higher demand for loans and deposits, as the economy sustains its growth towards upper-middle-income-country (UMIC) status.
Data from...
The Philippine government and the power sector are preparing for a surge in energy demand as the country transitions to an upper-middle-income country (UMIC)...
“By expanding and upgrading our infrastructure, we aim to create enabling conditions for high-quality job creation for millions of Filipinos.”
The government is investing...
As the Philippine economy nears its transition to upper-middle-income country status by 2025, the Philippine Stock Exchange (PSEi) is increasingly bullish. The positive outlook...
The Philippines’ largest business group is confident that the country can achieve upper-middle-income status as early as 2025.
This optimism comes as gross national income...
The Department of Budget and Management (DBM) is undertaking transformational reforms to boost the Philippines’ chances of becoming an upper middle-income country (UMIC) by...
The Institute for Climate and Sustainable Cities (ICSC), a Philippine-based energy think tank, urged the government to address high electricity costs as the country...
The Philippine Energy Efficiency Alliance Inc. (PE2) is pushing for a “scaled up energy efficiency adoption” as the country faces greater prosperity once it...
