#ConvergeICT ended 2021 with 1,691,550 residential subscribers, a 63% increase from December 2020, and reaching the high-end of its goal of 1.6-1.7 million subscribers. $CNVRG @ExperienceCNVRG
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Efforts to curb graft and corruption in the Philippines appeared “mostly stagnant” since 2012, according to Transparency International.
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Moody's Analytics downgraded its growth projection for Philippine gross domestic product in 2021 to 4-5%, much lower than official forecasts, citing the lack of fiscal support for the economy and the uncertainty surrounding vaccine acquisition.
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The e-commerce sector could contribute P1.2T to the economy by 2022 or about 5% of GDP, according to the Trade department’s new e-commerce roadmap. This is double the 2020 baseline projection of P599B or 3.4% of the GDP. @UTradePH