ADB: Grab key driving force in PHL economy

THE Asian Development Bank

(ADB) found that Grab is a “key driving force in the Philippine economy,” as it provides “sustainable livelihood opportunities” for delivery riders.

In a study conducted by the multinational lender, Grab was found to have helped offset the rise in unemployment during the pandemic, providing livelihood opportunities for “thousands of Filipinos” that had to “weather economic adversity.”

“GrabFood delivery drivers in the Philippines report positive feedback on their job experience due to three main reasons: flexibility in working hours, decent earnings, and independent working conditions,” the ADB report attached to a statement read.

T he study surveyed 1,200 GrabFood delivery riders across Metro Manila, Cebu, and Davao.

A ccording to the study, 81 percent of the respondents considered the flexibility of work hours as a leading factor for entering and keeping their jobs, citing time management and independence as key ingredients to a good working environment.

T he study also revealed that the average daily income of GrabFood delivery was “approximately double the minimum wage across all three regions.”

G iven these encouraging factors, 95 percent of the respondents said they intended to continue to seek earning opportunities on the GrabFood platform even after the pandemic.

A nd due to their positive experience, 74 percent said they would recommend Grab as a platform for livelihood opportunities, to their female relatives or friends.

Grab Philippines Country Head

Grace Vera Cruz said the data reflect the “versatility and criticality of the gig economy.”

“ The findings of the Asian De -