We are also seeing rising investment in sectors that are not very exposed to international trade, such as electric power generation, finance and insurance, and information and cultural industries. In these latter cases, firms are reacting to strong growth in domestic demand. We've also had very strong investment in housing.
We will print the ID at less than $ a piece – 60 cents to be exact. We will provide the needed equipment and space for the embedding of personal information onto the blank cards, which will be done by the Philippine Statistics Authority. The card issuance will start in April 2020.