All five major South-east Asian economies, including Singapore, Malaysia and Thailand, are in that tier and above. Read more ...

Both countries must now escape the middle income trap that has stalled several of their Southeast Asian peers.

BUSINESS groups in Cebu welcomed the Philippines’ elevation to upper middle-income economy status by the World Bank, saying that the milestone strengthens the c ...

VANCOUVER, Canada — President Ferdinand Marcos Jr. said Thursday (Friday in Manila) that he was not worried about the ...

The Philippines has reached upper-middle income (UMIC) status, the World Bank said. In its latest income assessment released Wednesday, the World Bank reported that the Philippines' gross national ...

CEBU CITY, Philippines – The Philippines’ elevation to the World Bank’s upper-middle-income category is a significant ...

The upgrade of the Philippines to an upper middle-income economy lifted investors’ sentiment, further boosting the Philippine ...

American companies have invested more than P413 billion in projects registered with the Philippine Economic Zone Authority (PEZA), cementing the United ...

The Philippines cut its economic growth target for this year, as the country wrestled with the impact of costlier oil spurred ...

Canadian Prime Minister Mark Carney on Thursday (Canada time) said the Philippines’ recent classification as an upper middle-income economy is ...

This prestigious recognition reflects the bank's outstanding performance, consistent expansion, and unwavering commitment to supporting small and medium-sized enterprises (SMEs) across the Philippines ...

All five major Southeast Asian economies — Singapore, Malaysia, Thailand, Indonesia and Vietnam — are now in the upper-middle ...