Youths are pictured at at a slum area in Baseco, Tondo city, metro Manila MANILA (Reuters) - The Philippines' poverty rate dropped to 15.5% last year from 18.1% in 2021, with rising food prices ...

MANILA, Dec 22 (Reuters) - The Philippines' poverty rate dropped to 22.4% or 25.24 million people in the first half of 2023, the government's statistics agency said on Friday, from 23.7% in the same ...

MANILA—The percentage of people living below the poverty line in the Philippines has narrowed only slightly, despite robust growth of the Philippine economy over the last few years, according to the ...

By Knut OstbyResident Representative ad interim,and Mohamed Shahudh,Economist Recent events in the Philippines illustrate ...

QUEZON CITY — In pursuit of President Ferdinand Marcos Jr.’s to lower the poverty incidence in the Philippines to a single-digit by 2028, the National Anti-Poverty Commission (NAPC) concluded the ...

Pope Francis on Friday demanded leaders in the Philippines end "scandalous social inequalities", hitting out at corruption in a nation where tens of millions of Catholics endure brutal poverty. The ...

Sources: Deininger and Squire, 1996, and Philippines, National Statistics Office, 1994. Although an improvement in income distribution is often accompanied by a decrease in the poverty rate (absent a ...

The Philippines is considered the world’s leading supplier of abaca, meeting 90 percent of global demand. Abaca or Manila hemp is versatile and has a number of uses, according to a report from the ...

Ferdinand Marcos Jr was elected president of the Philippines in May. In his inaugural address, delivered on June 30, Marcos pledged that his presidency would be like that of his father, the country’s ...

MANILA (Reuters) - The Philippines' poverty rate dropped to 15.5% last year from 18.1% in 2021, with rising food prices limiting the reduction in the number of poor, the government's statistics agency ...