Businesses doing transactions over mobile phones more than doubled while those with social media accounts nearly doubled in 2019, according to the Philippine Statistics Authority (PSA).
BUSINESSES doing transactions over mobile phones more than doubled while those with social media accounts nearly doubled in 2019, according to the Philippine Statistics Authority .
“The IE is a term used to describe the economic and social value created through the ability to rapidly exchange information at any time, anywhere to anyone,” the PSA said citing data from the United Nations Conference on Trade and Development . The data also showed that IE industries engaged in ICT manufacturing industries had the least with only 55 establishments.
The PSA estimates that there was a total of 5,542 establishments under the IE in 2019. Of these establishments, 5,533 establishments owned and used computers and communication equipment in their business operations.
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