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DTI, DOF, World Bank and KfW advance SME COMPETE+ Project preparation

The Department of Trade and Industry (DTI), Department of Finance (DOF), World Bank and KfW Development Bank marked an important milestone in the development...

DTI, DOF, World Bank and KfW advance SME COMPETE+ Project preparation

The Department of Trade and Industry (DTI), Department of Finance (DOF), World Bank and KfW Development Bank marked an important milestone in the development...

World Bank upper-middle income milestone a major feat, but reality of challenges demands urgent, focused action

Department of Economy, Planning and Development (DEPDev) Secretary Arsenio Balisacan urged a balanced perspective on the country’s economic trajectory, stating that while the Philippines'...

Pres. Marcos Jr. welcomes Philippines’ historic transition to upper-middle-income status

President Ferdinand R. Marcos Jr. officially welcomed the Philippines’ transition to an upper-middle-income country (UMIC) status on Thursday, calling the milestone a definitive affirmation...

DEPDev highlights importance of building a resilient middle class to sustain poverty reduction and inclusive growth

A resilient and expanding middle class is critical to sustaining poverty reduction and achieving inclusive economic growth, the Department of Economy, Planning, and Development...

Philippines, World Bank, UK launch $1B agriculture transformation

The Department of Agriculture (DA) on Friday, May 15, unveiled the Philippine Sustainable Agriculture Transformation (PSAT) Program, backed by a USD1-billion World Bank (WB)...

DTI champions innovation and global competitiveness at Philippine Industrial Policy Forum 2026

Building a more competitive, innovation-driven, and future-ready nation took center stage as Department of Trade and Industry (DTI) Secretary Cris A. Roque joined top...

DA cuts red tape, creates new office for World Bank’s farm reform programs  

The Department of Agriculture (DA) is consolidating oversight of two major World Bank-backed reform programs under a single project management office (PMO) to tighten...

MARINA pledges full support for inter-island ferry decarbonization and fleet electrification

The Maritime Industry Authority (MARINA) has committed to spearheading the transition toward a greener domestic shipping sector, pledging to transform a landmark decarbonization study...

WTO and World Bank launch new chapter in services trade for development at TS4D conference

The World Trade Organization (WTO) and the World Bank opened the Trade in Services for Development (TS4D) Conference, highlighting significant progress in their joint...
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