METRO MANILA, Philippines – The World Bank reclassified the Philippines, along with four other countries, as an upper-middle-income economy on July 1. The World Bank classifies economies into four income groups based on Gross National Income (GNI) per capita,...
Photo from: The Embassy of France to the Philippines and Micronesia METRO MANILA, Philippines – France is deepening its economic engagement with the Philippines, signaling renewed confidence in the country’s growth outlook and governance reforms, as demonstrated...
Dusit Thani Manila, 5 Nov 2025 — CCIFP attended Day 1 of the EU–Philippines Green Economy Partnership: Opportunities & Interventions for Green Business, a by-invitation conference convening government, development partners, and the private sector to accelerate the...
Photo from Department of Finance Philippines METRO MANILA, Philippines – The Department of Finance (DOF) and the Asian Development Bank (ADB) have reaffirmed their strong partnership in advancing infrastructure development in the Philippines through a joint inspection...
Photo courtesy of the Department of Finance Philippines Manila, Philippines–The Philippine government has taken a major step toward strengthening its investment landscape with the signing of the Implementing Rules and Regulations (IRR) for the “Corporate Recovery and...
MANILA, Philippines – The Philippine economy grew by 5.6% in 2024, making it the second fastest-growing economy in ASEAN despite external and local challenges, according to the Department of Finance (DOF). The country also ranked 8th among 46 economies that have...
