Latest in PovertyThe Philippines has been elevated to upper-middle income status by the World Bank for the first time in 40 years, ending a classification as lower-middle income that has persisted since 1986, Finance Secretary Frederick Go said Saturday. Go made the disclosure in an interview on DZRH News program…
For the first time in the 18-year history of the Pantawid Pamilyang Pilipino Program (4Ps), mass graduation has taken place under the Marcos administration, with 1.6 million families having exited the program because their lives improved, Social Welfare Secretary Rex Gatchalian said Saturday.…
Low-income households in Metro Manila could see their savings erased even under a conservative 5 percent inflation scenario driven by the ongoing oil crisis, an economist warned. University of Asia and the Pacific (UA&P) School of Economics Dean Dr. Peter Lee U put the numbers plainly during a…
The peso is weakening, prices are at risk of climbing, and jobs may soon be harder to find. As corruption scandals over multibillion-peso flood control projects spark widespread outrage, economist and former Social Welfare Undersecretary Prof. Emmanuel Leyco warns the Philippine economy could be…
Inamin ni Pangulong Ferdinand R. Marcos Jr. na dismayado ang publiko sa kanyang administrasyon, lalo na sa mga pangunahing serbisyo ng pamahalaan. Inilahad ito ng Pangulo matapos ang pagkatalo ng kanyang mga senatorial candidate sa 2025 midterm elections. “Malinaw sa akin ang mensahe ng naging…
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