The Philippines is among the hardest hit country from the COVID-19 pandemic as its economic gain contracted from Asia’s most dynamic to Asia’s most vulnerable. From the span of 2020 to late 2021, the sporadic restriction and lockdowns have adversely affected the Philippine economy. Moreover, travel was restricted to the Philippines and many investors put […]
offshore philippines
Study: Offshoring Does Not Depress Jobs
Ever since offshoring has been clearly visible on the map, it has become a solution to businesses. It made them experience favorable government policies and cost savings. However, along with the benefits are disadvantages. And one of the most argued about disadvantage is the increase in unemployment in the local economy. Since offshoring is when […]