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...
Several cooperation agreements in various areas, such as energy, trade, investment, labor, and others, are expected to be signed between the Philippines and Canada during President Marcos ' official visit, Malacañang said. Marcos and his delegation will fly to Canada on Wednesday night, July...
Malacañang has advised the members of the Iglesia Ni Cristo (INC) to be cautious and not allow themselves to be used by those seeking to oust President Marcos. Palace Press Officer and Communications Undersecretary Claire Castro issued the warning following reports circulating on social media...
Malacañang has accused Sen. Imee Marcos of going beyond the spread of fake news and instead "sowing hatred" against the government following her criticism of the administration during an Iglesia ni Cristo (INC) rally on June 30. Presidential Communications Office (PCO) Undersecretary Claire Castro...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. on Wednesday, July 1, said the choice of the next Chief of Staff of the Armed Forces of the Philippines (AFP) rests solely with President Ferdinand Marcos Jr. as the retirement of Gen. Romeo Brawner Jr. draws near. Brawner, who was...
Malacañang announced that President Marcos has extended more than P1 million in financial assistance to the families of students killed and injured in the deadly shooting at a public high school in Tacloban City, saying the tragedy had left the President "heartbroken." In a press briefing on...
