Unescap sees PH economy growing by only 0.6% in 2020

Unescap sees PH economy growing by only 0.6% in 2020

The United Nations Economic and Social Commission for Asia and the Pacific (Unescap) expects the Philippine economy to grow by just 0.6 percent this year due to the effects of the coronavirus pandemic. Dr. Shuvojit Banerjee, Unescap economic affairs officer, said the...
Online survey about Social Amelioration Program launched

Online survey about Social Amelioration Program launched

State think tank, Philippine Institute for Development Studies (PIDS) announced its conduct of an online survey on the Social Amelioration Program (SAP) among the beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps). PIDS said in a statement that the survey...
Philippine economy to take a big hit due to Covid-19 pandemic

Philippine economy to take a big hit due to Covid-19 pandemic

The country stands to suffer economic losses from P276.3 billion to P2.5 trillion due to the dreaded Covid-19 pandemic. In a study titled “Projected Diseases Transmission, Health System Requirements, and Macroeconomic Impacts of the Coronavirus Disease 2019 (Covid-19)...
Philippine firms slow to adapt to e-commerce – study

Philippine firms slow to adapt to e-commerce – study

Even with Philippines’ growing digital economy, firms in the country are slow in adopting e-commerce. A study published by state think tank Philippine Institute for Development Studies (PIDS) revealed that only 1 in every 7 firms in the country adopted e-commerce in...