The Philippines and Canada are in the final stages of negotiations for the Status of Visiting Forces Agreement (SoVFA), a pact that will allow them to send troops to each other’s soil, the Canadian Embassy in Manila said. Canadian Ambassador to the Philippines David Hartman (Photo from...
The Philippines and New Zealand have started negotiations for a possible Status of Visiting Forces Agreement (SOVFA), which will enhance the defense cooperation between the two armed forces, the New Zealand Embassy in Manila said. Members of the Philippine negotiating panel, composed of officials...
Japan will help the Philippines achieve its ambition to become an upper middle-income economy through sustained official development assistance (ODA), according to Japan International Cooperation Agency (JICA) president Akihiko Tanaka. At an online press briefing commemorating JICA's 70th...
The Commission on Higher Education (CHED) announced on Tuesday, Sept. 24, that 92 private higher education institutions (PHEIs) have been granted autonomous and deregulated status. CHED / MB VIsual Content Group In a list released by CHED, the following PHEIs were granted Autonomous Status: Region...
The World Bank is crafting its lending plan for the Philippines covering the years 2025 to 2028, the period during which the country will likely rise to upper middle-income status and gradually lose access to preferential borrowing rates. The World Bank Group Philippines Country Partnership...
The Department of Finance (DOF) said the decrease in the unemployment rate in May shows that the country is making progress towards its goal of becoming an upper-middle-income country by 2025. In a statement, Finance Secretary Ralph G. Recto said the year-on-year decrease in the number of...
Filipino individuals had a higher total income last year, exceeding the target range set in the government’s Philippine Development Plan 2023-2028, the National Economic and Development Authority (NEDA) said. Based on the World Bank report, NEDA stated that the country’s gross national income...
National Economic and Development Authority Secretary Arsenio M. Balisacan said that the country's gross national income (GNI) per capita must have a 6.7 percent growth to be able to reach the upper middle-income status. On the sidelines of the launch of National AI Strategy Roadmap 2.0, Balisacan...
The country’s socioeconomic planning agency remains positive that the Philippines will become an upper middle-income economy by next year. National Economic and Development Authority Arsenio M. Balisacan said that the country remains on track to achieving an upper middle-income status in 2025...
The 68th session of the Commission on the Status of Women opened on March 11, 2024, and officially concluded on March 22. The priority theme for this 68th year was to consider "Accelerating the achievement of gender equality and the empowerment of all women and girls by addressing poverty and...
Japan declared its commitment to support the Philippines in attaining an upper middle-income status in the next few years. A joint committee meeting was held in Tokyo on Tuesday, Aug. 29 between the Philippine delegation and the Japanese government to determine the necessary development assistance...
LEGAZPI CITY, Albay – The Office of the Civil Defense (OCD)-Bicol is under blue alert status after the Philippine Institute of Volcanology and Seismology (Phivolcs) raised the alert level of Mayon Volcano in Albay from one to two (increasing unrest) on Monday, June 5. OCD-Bicol Assistant...
