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'Online Filipino Workers' and the growth of the PH digital gig economy – Manila Bulletin

Published July 19, 2021, 7:43 AM
The Philippines’ economic growth continues to take a hit as the country grapples with the COVID-19 pandemic in one of the longest lockdowns in the world.
A July report from Moody’s Analytics tapered its growth forecast for the Philippines, predicting its gross domestic product (GDP) to grow by 4.9 percent at the end of the year compared to its 5.3 percent estimate in May. This number is significantly lower than the 6 to 7 percent growth targeted by the Philippine government for 2021.
While larger companies in the Philippines see their revenues gradually bounce back, the slow easing of restrictions and low GDP growth are taking more of a toll on Filipino workers. The Philippine Statistics Authority reported that unemployment in the Philippines rose up to 8.7 percent in April 2021, significantly higher than the 7.1 percent reported the previous month. The increase coincided with the tightening of lockdowns in certain parts of the coun ....

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Is the sharing economy a race to the bottom?

Dr B K Mukhopadhyay
(The author is a Professor of Management and Economics, formerly at IIBM (RBI) Guwahati. He can be contacted at m.bibhas@gmail.com)
Dr. Boidurjo Rick Mukhopadhyay
(The author, international award-winning development and management economist, formerly a Gold Medalist in Economics at Gauhati University)
As John McAfee rightly puts it, The gig economy is empowerment. This new business paradigm empowers individuals to better shape their destiny and leverage their existing assets to their benefit. Broadly, gig work can be classified into: geographically tethered work, which requires workers to be in a particular place (driving for ride-hailing companies, MFDA – mobile food delivery aggregators), and cloud work which refers to work that can be completed remotely via a computer (jobs in teaching, tax analyst, consultants – i.e., knowledge work). For either of these categories, there are several preconditions, A) Adequate and available pla ....

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Philippine SMEs urged to go digital amid pandemic

Remote working amid Covid-19 is a solution for many small business owners Philippine Senator Sonny Angara of the center-right Laban ng Demokratikong Pilipino party on January 31 urged more of the country’s businesses to go digital in order to remain competitive under the prolonged Covid-19 lockdowns, the Inquirer reported. “We want to see more economic activity this year but we still have to remain cautious as we are seeing a lot of new Covid-19 cases, as well as the new variant of the coronavirus,” Angara said in a statement. “Easing of restrictions will not happen right away so we have. ....

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