Philippines

The Philippines is one of the world’s fastest-growing nations. Although economic activity slowed during the 2020 Covid-19 pandemic period, stimulus measures, imminent public sector policies and a larger budget are expected to create jobs, generate growth and help kick-start the country’s recovery during 2021.

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From lockdowns to remote work and widespread job losses, the Covid-19 pandemic has dramatically changed the way people work. These interruptions are likely to have a significant impact on the global labour market well into the future.

While solar and wind are the dominant segments in the transition to renewables, a number of emerging markets are looking to geothermal sources as a way to meet future energy needs.

A record initial public offering from Indonesian e-commerce platform Bukalapak underscores the growth of South-east Asia’s digital economy during Covid-19, and has the potential to trigger further tech listings in the region’s maturing market.

The coronavirus pandemic gave rise to a massive acceleration in the spread of digital payments and cryptocurrency. This in turn has prompted central banks around the world to trial central bank digital currencies, a digital form of hard currency that is based on blockchain, but backed and issued by a central bank.

Environmental, social and governance (ESG) criteria are increasingly shaping the global corporate agenda.

Many emerging markets are turning towards infrastructure development to stimulate the economic recovery from the coranvirus pandemic, with a particular focus on green and sustainable developments. 

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