
Philippines places 54th in UNCTAD ranking for innovative tech adoption
The Philippines remains in the "upper-middle" ranking of UNCTAD's Frontier Technology Index, faring better than fellow ASEAN countries Indonesia, Cambodia, and Myanmar.
The Philippines remains in the "upper-middle" ranking of UNCTAD's Frontier Technology Index, faring better than fellow ASEAN countries Indonesia, Cambodia, and Myanmar.
Nineteen approved projects were the main drivers of the growth spike in the number of investments experienced in the economic zone, according to PEZA Officer-in-Charge Tereso Panga.
PEZA's OIC Deputy Director Tereso Panga noted that the Swiss companies had contributed over 8,000 jobs to the local economy while injecting nearly $350 million into the nation's GDP.