PH firms see busier 2021 but financing tech shift a challenge, says Grant Thornton

  • 📰 cebudailynews
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 71%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

MANILA, Philippines — Philippine companies are preparing for economic recovery and are prioritizing the use of technology to meet an expected uptick in business activity this year, but many face a

MANILA, Philippines —

“The latest data demonstrates to us that mid-market business leaders globally are being very realistic about the challenges that the first half of 2021 will bring, but they are facing this uncertainty with sensible pragmatism and resilience,” P&A Grant Thornton chair and CEO Marivic Españo said in a statement.

According to the poll, businesses find that funding investments and meeting continuing operating needs during the pandemic remain a challenge. The local Grant Thornton head noted, however, that preparations for ramping up business operations is being made against the backdrop of last year’s sharp decline in activity, as evidenced by the steepest economic contraction ever recorded in the country’s history.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.