The Aporia
Beltran, S. (2026, September 21). Upgraded but underperforming: Philippines’ growth lags behind. South China Morning Post. https://www.scmp.com/week-asia/economics/article/3368024/upgraded-underperforming-philippines-growth-lags-behind?utm_source=rss_feed
Beltran, Sam. “Upgraded but underperforming: Philippines’ growth lags behind.” South China Morning Post, 21 Sept. 2026, https://www.scmp.com/week-asia/economics/article/3368024/upgraded-underperforming-philippines-growth-lags-behind?utm_source=rss_feed.
Beltran, Sam. “Upgraded but underperforming: Philippines’ growth lags behind.” South China Morning Post, September 21, 2026. https://www.scmp.com/week-asia/economics/article/3368024/upgraded-underperforming-philippines-growth-lags-behind?utm_source=rss_feed.
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The Philippines' economic growth is lagging behind its Southeast Asian peers due to various internal challenges. Despite recent upgrades to its credit rating, which typically boosts investor confidence, analysts report that these changes have not significantly improved the country's short-term economic outlook. Sluggish public spending, delays in crucial infrastructure projects such as flood control initiatives, and high living costs are cited as major obstacles. Ongoing investigations into alleged irregularities in public works projects also contribute to the uncertainty. As a result, the Philippines is struggling to maintain growth projections that match those of regional leaders.