THE Philippines recorded higher economic, societal and environmental scores in this 2023 Sustainable Trade Index (STI), but these were not enough to lift the country's ranking in the now-annual review.

The Philippines saw its overall score rise to 61.4 from 49.5 in 2023, which kept it in 12th place out of the 30 economies that comprise the STI, developed by the Hinrich Foundation in partnership with the Institute for Management Development (IMD).

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