President Marcos’s economic stance in his second year in office can be gleaned from his push for Maharlika Investment Fund and for innovations in the economic field that can be showcased with the rise of the digital platform of Grab. Know more:
President Marcos’s economic stance in his second year in office can be gleaned from his push for Maharlika Investment Fund and for innovations in the economic field that can be showcased with the rise of the digital platform of Grab, which helps not only the drivers but the MSMEs or micro, small and medium enterprises.
Aside from De Leon’s assurances, Rep. Joey Salceda said that there are other ramifications that can come from the Fund’s eventual listing on the stock market that will allow for other sub-funds to be created aside from seeing the entry of Temasek Holdings, Singapore’s sovereign wealth fund, and other multilaterals that will create an impact on the financial standing of the Philippines whose stock market, the first in Asia, continue to languish side by side with its Asian neighbors.
The embrace of technology such as digital platforms like the Grab delivery app has a positive impact on the economy. For instance, one additional Grab Transport Network Vehicle Service operator means a higher income stream for the family. Not only that, many mom-and-pop operations can crop up that can benefit from this platform, which allows for a meaningful connection between, say, an emerging delicacy maker from a province and the netizens eager to try new food items.
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