Based on Q4 2020 statistics from the United Nations Development Program, micro, small, and medium enterprises (MSMEs) have made up 99.5 percent of the Philippines’ business establishments, employed 63 percent of the country’s workforce, and contributed to 40 percent of the country’s GDP in the past years. In 2020, this number declined due to community lockdowns.Read More »
Source: Car Guides PH
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