Use of the so-called inclusive business (IB) model remains low among Philippine companies, but more of them have expressed interest in adopting it, a joint study by the Board of Investments (BOI) and the United Nations Development Program’s (UNDP) Istanbul International Center for Private Sector in Development (IICPSD) has revealed.

Released on Monday and conducted in partnership with the country’s most prominent business associations, the “Business+ Philippines” study presents the results of a baseline survey among the country’s firms to understand how much they know about and engage in IB, and identifies the challenges and opportunities for adopting the model in their operations.

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