Restaurant Business as Sunrise Sector The consumption-led GDP growth of 6 to 7 percent can be sustained by the Duterte Administration on the bases of OFW remittances, IT-BPO earnings, significant increases in infrastructure spending on the part of the Duterte Government and a more aggressive implementation of the Public Private Partnership (PPP) projects that languished during the last Administration. These primary engines of growth have their multiplier effects on domestic tourism which now counts on some 40 million Filipinos discovering the many tourism destinations in their own country; the thousands of condominium and residential units being sold; and the increasing demand for office space by the BPO enterprises. All the incomes generated by these sunrise sectors are benefiting first and foremost the Four F’s of a consumer economy: Food, Fashion, Furnishings and Fun.
forgot your password?
Featured Books