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ROQUE CITES PH ECONOMY, EXPORTS, INVESTMENTS FOR UMIC STATUS
TRADE Secretary Cristina Roque added her voice to officials welcoming the World Bank’s upgrading the Philippines to upper-middle-income status, saying it reflects the Marcos administration’s stronger economic performance, driven by an aggressive export surge and rising investor confidence. Roque said the transition is anchored on robust results from the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA) over the past year, with the BOI approving P1.56 trillion in investments and PEZA approving P260.89 billion across 314 new and expansion projects. She also credited Philippine exports in 2025, which jumped 15.2 percent to a historic high of $84.41 billion from $73.27 billion in 2024. The administration’s pursuit of 23 free trade agreements and other international partnerships also contributed to the overall performance, Roque said. https://www.manilatimes.net/2026/07/06/business/top-business/roque-cites-ph-economy-exports-investments-for-umic-status/2378674 (ICE SINGAPORE)
Fonte notizia: The Manila Times, 6 July 2026
