Global technology firm HP has shed light on the stark contrast within the country's business landscape: while many enterprises recognize the pivotal role of technology in achieving success, they simultaneously grapple with significant barriers to its adoption, including age-related hesitance, fierce market competition, and escalating raw material costs. In an…
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Majority of job vacancies in the agriculture, forestry, and fishery sector are considered hard-to-fill jobs, according to the latest Integrated Survey on Labor and Employment (ISLE) conducted by the Philippine Statistics Authority (PSA). The survey covers formal establishments employing at least 20 workers. The data showed 78.4 percent of job…
Based on the 2022 data from the Philippine Statistics Authority (PSA), a total of 1,109,684 business enterprises are operating in the country. About 99.59 percent of these are micro, small and medium enterprises (MSMEs) and only 0.41 percent are large enterprises. The top five industry sectors, according to the Department…
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