Philippine firms face 2021 with ‘reserved optimism’


MANILA (Philippine Daily Inquirer/ANN): Philippine companies are preparing for an economic recovery and are prioritising the use of technology to meet an expected uptick in business activity this year, but many face a shortage of financial resources needed to meet these new challenges.

Thus showed the latest International Business Report released on Monday (Jan 25) by consulting and audit firm Grant Thornton, reflecting similar trends among almost 5,000 companies it polled in 29 nations around the world that midsized businesses are displaying “reserved optimism” about this year’s prospects.

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Philippines , companies , economic recovery

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