Construction & Infrastructure
The Philippine's Infrastructure and Construction to Arise the Economy
The Philippines' government has approved a total of 9.9 percent increase in expenditure for 2021, following the significant budget deficit previously driven by revenue decline as the country's economy got seriously impacted by the COVID-19 pandemic.
Digital Measures to Boost Philippine MSMEs
According to the Philippine Statistics Authority (PSA), Micro, Small, and Medium Enterprises (MSMEs) are responsible for 99.5% of the Philippines’ businesses.
The Logistics Industry in the Philippines: Its Challenges and Solution
The transportation and storage segment has always been a significant component in the Philippine economy, summing up to USD 13 billion in 2019.
The Philippine’s E-Payment Target Gets Promoted During Quarantine
The BSP has initially set an ambitious target to increase the value and volume of e-payment transactions to reach 30% and 20% of the total respectively by 2020.
Consumer & Retail
European Union Urges the Philippines to Boost Export Under GSP Plus
The European Union (EU) is encouraging the Philippines to boost the use of the Generalised Scheme of Preferences (GSP) Plus.