Employment and Income Situation Let me now talk about the employment and income situation as one of the factors to consider in assessing the outlook for economic activity and prices. Supply-demand conditions in the labor market have continued to tighten steadily.
We are also exploring the digital financial marketplace model, which will allow bank and non-bank players to forge strategic partnerships in enabling consumers to access financial products and services through a one-stop shop platform. We also launched QR Ph, which has two use-cases: QR Ph person-to-merchant or P2M and QR Ph person-to-person payment or P2P.