The latest study by the state-owned think tank Philippine Institute for Development Studies, or PIDS, showed that, relative to the World Bank's upper-middle-income country poverty threshold of $8.30 a ...

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 ...

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 ...