Saturday, May 9, 2026
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Tag: upper-middle-income country

UMIC means better living standards for Filipinos

“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...

Stable peso paves road to becoming UMIC

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...

DOE vows to energize the future

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)...

Infra projects lay foundation for 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...

Group asks gov’t to lower energy prices, hike supply

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...

Higher growth a boon to power sector

The Philippine Energy Efficiency Alliance Inc. (PE2) is pushing for a “scaled up energy efficiency adoption” as the country faces greater prosperity once it...

PH to attain upper-mid income status by 2026

The Philippines will likely reach upper-middle-income country (UMIC) status by 2026, as the economy continues to be driven by private consumption spending and the...
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