Vietnam and the Philippines have reached upper-middle-income status, while Thailand continues to face the middle-income trap.
Philippines, Denmark sign MOU to boost financial cooperation
The Philippines and Denmark signed a memorandum of understanding on financial and developmental cooperation, creating a framework to deepen bilateral ties …
Pine Labs bets on the’s Philippines’ digital payments boom
GLOBAL fintech company Pine Labs is deepening its expansion in the Philippines, making GCash for Business its first payments partner as it seeks to capitalize on one of Southeast Asia’s …
Philippines, US finalizing deal for pineapple exports
MANILA, Philippines — The country may soon boost its pineapple exports to the United States as officials from both countries move closer to finalizing an agreement that would open all US ports to the …
BSP: Philippines needs to rebuild fiscal buffers
After pandemic, infrastructure spending MANILA, Philippines — The Philippines needs to bring down its debt after pandemic spending and higher infrastructure outlays pushed government borrowings back …
Canada, Philippines agree to sign trade deal this year, grow defense ties
Canada and the Philippines plan to finalize a free trade agreement this year, and signed agreements to deepen cooperation on energy, defense, labor and migration, Prime Minister Mark Carney said …
The World Bank has elevated Vietnam and the Philippines to upper-middle-income status—but now they face a far more demanding phase of development
Both countries must now escape the middle income trap that has stalled several of their Southeast Asian peers.
Global Banking & Finance Review Awards®: Philippine Business Bank Named Fastest Growing SME Bank Philippines 2026
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 …
Peso, PSEi surge as Philippines reaches upper-middle-income status
Philippine financial markets strengthened on Thursday, as investors took into account the country’s upgrade to an upper-middle-income country, a goal that the country has aspired to meet even before …
Canada, Philippines target free trade pact by year-end as Carney expands Indo-Pacific push
Canada and the Philippines have agreed to conclude a free trade agreement by the end of 2026 while launching a new strategic partnership covering defence, energy, labour, tourism and Indo-Pacific secu …