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For every peso spent on Grab, P3.42 is injected into the economy — CRC study
DRIVING THE PHILIPPINES FORWARD. UA&P Resident Industry & Regional Economist Prof. Greg Mabbagu (R) delves into the intricacies of Grab's economic multiplier effect, emphasizing its pivotal role in propelling the Philippine economy forward. L-R: Paolo Abrera, event moderator; Dr. Cid Terosa, UA&P School of Economics Associate Professor; Dr. Thomas Aquino, Senior Fellow at CRC. Manila, Philippines, 12 March 2024 - Grab Philippines plays a pivotal role in driving economic growth, creating livelihood opportunities, and ... continue reading
CRC Latest Insight
How Covid-19 Has Impacted the Remittances of OFWs and the Country’s Macroeconomy
“Despite the challenges brought about by the pandemic, remittances remained resilient. Based on the results from the model simulated for our first objective, it showed that remittances actually cushion GDP, consumption, and ... continue reading
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