Did You Know: Fast-food chains lead in food service sector

According to the final results of the 2016 Annual Survey of the Philippine Business and Industry recently released by the Philippine Statistics Authority, the leading industries in the accommodation and food service sector in terms of income were fast-food chains (P203 billion), restaurants (P129.8 billion), and hotels and motels (P90.2 billion). Sales from e-commerce in this sector were estimated at P5.6 billion.—Marielle Medina, Inquirer Research