“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...
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...
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...
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...