Upgraded but underperforming: Philippines’ growth lags behind

South China Morning Post - Sep 21, 2026

The Philippines’ rise to upper-middle-income status was supposed to mark a new phase for one of Southeast Asia’s most closely watched emerging economies. Instead, analysts say the milestone has done little to shield the country from short-term pressures weighing on growth: sluggish public spending, delayed infrastructure, high living costs and the fallout from investigations into alleged irregularities in flood control projects. Those strains have left the Philippines looking like a regional...

Read full article

MORE NEWS

The Life Voyager

The Life Voyager puts travel news into perspective, bringing you unique and secluded side to popular travel destinations you never know exist.

NEWSLETTER