BusinessWorld Online•1h ago
business
Philippines needs productivity boost to sustain UMIC status — World Bank
THE PHILIPPINES must shift from capital accumulation to productivity-driven growth to sustain its economic expansion and eventually achieve high-income status, according to the World Bank.

Original Reporting by BusinessWorld Online
Pinas.cc directs readers to primary publisher websites. Tap below to read the full report.
Other Newsrooms Covering This Story:
Philippine Daily Inquirer•6h ago
AFP modernization needs sustained funding amid threats — EjercitoSunStar Philippines•Yesterday
Activist groups protest IMF-World Bank policies, call for debt cancellationAlso on Sun, Oct 18, 2026:
- 2 alleged fixers nabbed over disorderly behavior in LTO central officePhilippine Daily Inquirer ↗
- PDEA seizes P415.6-M illegal drugs, arrests 126 suspectsPhilippine Daily Inquirer ↗
- AFAB, Bataan officials seek solution to long-standing housing rowPhilippine Daily Inquirer ↗
- LTFRB: Over 600 TNVS partners under 'tempo' status to be regularizedPhilippine Daily Inquirer ↗
- DepEd, DILG to deploy barangay tanods in schools, link up with 911Philippine Daily Inquirer ↗