The value of the Philippine digital sector went up by 7.7 percent to P2.05 trillion in 2023 from P1.9 trillion in 2022, according to the Philippine Statistics Authority.
MANILA, Philippines —
According to he PSA, the government digital services component is the newest addition to those being tracked. E-commerce accounted for 14 percent of the digital economy amounting to P286.67 billion in 2023, up by 18.5 percent from P241.86 billion in 2022. The Economist, a respected publication that usually tells you the whole story, has come up with a report on the Philippines titled: Without fanfare, the Philippines is getting richer. If you only read the headline,...
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