The government is looking to include 5,059 priority programs and projects (PAPs), with an investment requirement of almost ₱4.03 trillion, in the proposed 2027 national budget to sustain public investments, especially in infrastructure as well as social development. According to the Department of...
House members sounded highly skeptical of the World Bank 's (WB) declaration that the Philippines has attained upper-middle-income status, as they noted most Filipino families continued to struggle financially. Caloocan City 2nd district Rep. Edgar "Egay" Erice says that the...
Lead prosecutor Batangas 2nd district Rep. Gerville "Jinky Bitrics" Luistro has one simple request for Filipinos as Vice President Sara Duterte 's Senate impeachment trial is just days away from starting. “Join us as we pray for the conviction of the respondent in this impeachment trial,”...
The Philippines ' achievement of upper middle-income status after nearly four decades validates the economic policies pursued by the administration and serves as a "vote of confidence" in the country 's future, President Marcos said. In a video message on Thursday, July 2, Marcos said...
President Marcos has arrived in Vancouver, Canada for his official visit, Malacañang said. The plane carrying the President and members of his delegation landed at Vancouver International Airport at 4:46 p.m., Wednesday, Canada time (7:46 a.m., Thursday, Philippine Time). Marcos was welcomed by...
Climbing to upper-middle-income-country (UMIC) status comes with a trade-off: the Philippines faces a looming decline in access to concessional official development assistance (ODA), or low-interest loans extended by the country’s multilateral and bilateral development partners. However, for...
Malacañang has welcomed the Philippines ' official graduation to upper-middle-income country (UMIC) status, saying the milestone signals stronger economic fundamentals and could translate into more jobs and better opportunities for Filipinos. In a statement on Thursday, July 2, Executive...
President Marcos has paid tribute to his mother, former First Lady Imelda Marcos, as she celebrated her 97th birthday, describing her as the "heart" of their family and a figure who had witnessed and helped shape Philippine history. In a birthday message posted on his official social media pages on...
The Philippines has finally moved up to upper-middle-income status, breaking out of a lower-middle-income classification it held for nearly 40 years. According to new data from the World Bank, the country joined the upper-middle-income bracket, which requires a gross national income (GNI) per...
The Philippines achieved its long-standing goal of attaining upper-middle-income-country (UMIC) status with a record-high gross national income (GNI) per capita in 2025, even as neighboring Vietnam made a bigger stride toward the same World Bank classification. The World Bank announced on Wednesday...
President Marcos departed for Canada on Wednesday evening, July 1, for an official visit aimed at strengthening economic and security ties between Manila and Ottawa amid growing cooperation between the two countries. Speaking before his departure, Marcos said the trip, which comes at the invitation...
"Let 's keep everything stable and peaceful." President Marcos made this request to the Iglesia Ni Cristo (INC) amid their ongoing rally along EDSA. As Marcos departed for Canada on Wednesday night, July 1, he expressed confidence that the religious group would uphold peace during their...
