Business

Photo Credit: MyTiangge.ph More and more businesses are shifting to digital commerce especially in a time of limited mobility and quarantine restrictions. Aside from stepping up their social media presence, brands engaging with their customers online and choosing digital payment solutions to keep afloat during the pandemic.  With the sheer …

The Philippines Statistics Authority recently reported a lower unemployment rate for July vs the high 17.7% recorded last April. As the country slowly recovers, the third quarter saw a restoration of 7.5 million jobs, with many Filipinos choosing to start their own business.  Without a doubt, it is difficult to …

As we’ve established earlier, MSMEs or micro, small, and medium enterprises comprise a vital role in the country’s economic growth. But with 26% of 1.5 million MSMEs shuttered by the pandemic and the Q2 2020 GDP decreasing by 16.5%, it’s crucial to support what accounts for 63% of the country’s …

Micro, small, and medium enterprises or MSMEs play an all-important role in the Philippines’ economic development. As of 2018, MSMEs account for 35% of the Gross Domestic Product and 25% of the country’s total export revenue. A whopping 99.52% of all businesses here are MSMEs. MSMEs are responsible for 63.19% …

Ever wondered why there’s an influx of expatriates and foreign workers in the country? Or why the e-commerce sector continues to grow here in the Philippines? The 11th Regular Foreign Investment Negative List may be a factor for the sudden increase in foreigners. 11th Regular Foreign Investment Negative List Signed …

One sector that has been badly affected by this pandemic is the country’s micro, small, and medium enterprises (MSMEs). With the community quarantine restrictions and additional health protocols in place, it has been difficult for establishments to operate fully.  Local businesses are harnessing their digital savvy and resourcefulness to deal …