MANILA, (PIA) -- A recent OCTA Research Survey has revealed that the majority of Filipinos are willing to establish a business in the Philippines.

In a survey conducted in October 2022 involving 1,200 respondents, it appeared that 81% of Filipinos are willing to take risks in doing business.

Go Negosyo Founder Joey Concepcion was happy with the report, especially since the majority of businesses in the country belong to Micro, Small and Medium Enterprises.

In terms of socioeconomic classes, those in the ABC and D classes have an interest in business of approximately 80%, while those in E have an interest of 74%. (PIA-NCR)