Amid uncertainty, disruptions, what sectors are vital?

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Amid uncertainty, disruptions, what sectors are vital? - Business Mirror

Quick Summary:

A LOCAL think tank has identified critical minerals, advanced manufacturing and semiconductors, agriculture and food security as some of the 10 industries in the country that should be supported and developed amid the geopolitical uncertainty and global supply chain disruptions.

According to the study, neighboring countries such as Malaysia and Vietnam have “successfully attracted” semiconductor investments and noted that the Philippines could achieve similar progress through workforce development and incentives for foreign direct investment.

Other industries that need to be developed and supported amid the increasingly complex global landscape are the digital economy and cybersecurity; logistics and supply chain management; tourism and creative industries and defense and aerospace.