Tag gross domestic product

Business

The Philippines is now an upper-middle income country. Who really benefits?

The Philippines has officially joined the World Bank’s upper-middle-income economies, marking its first upgrade in nearly four decades after gross national income (GNI) per capita climbed to US$4,850 in 2025, surpassing the US$4,636 threshold required for the classification. The move…

Phl Today
July 2, 2026

Business

ADB sees strong Philippine growth through 2026; climate, trade risks loom

The Philippine economy is expected to remain among Southeast Asia’s fastest-growing over the next two years, supported by resilient domestic demand, easing inflation, and sustained government investment, the Asian Development Bank (ADB) said in its latest report. Gross domestic product…

Phl Today
September 30, 2025