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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In what ways have personal interactions and networking changed in the business community during the Covid-19 pandemic?

 

HEALTH: The government declared different levels of lockdowns and social distancing measures to mitigate the impact of the Covid-19 pandemic. As in many countries, the strictness of the measures varies according to the number of confirmed Covid-19 cases at the time. Entry may also be restricted depending on the purpose of the trip. As...

 

CROWNE PLAZA MANILA GALLERIA Ortigas Ave and Asian Development Bank Ave Quezon City 1100 T: +63 2 8633 7222 www.crowneplaza.com/galleriamanila mnlcp@ihg.com / cpgm.reservations@ihg.com Rooms: 262 rooms, including 40 suites. Rooms are equipped with mini-bar, tea and coffee maker, pillowtop beds, refrigerators and LED televisions....

 

In 2020 the Philippines experienced one of the world’s longest and strictest lockdowns implemented to stem the Covid-19 pandemic. These measures presented significant economic challenges. Indeed, GDP contracted by 11.5% year-on-year in the third quarter of 2020 – albeit at a slower rate than the previous quarter, which saw a drop of 16.9%....

 

Which legal reforms should be prioritised to stimulate growth after the Covid-19-induced recession?

 

The government implemented various programmes to help alleviate the economic impact of the Covid-19 pandemic. To sustain these measures, the Department of Finance issued Revenue Regulation (RR) No. 21-2020 in September 2020, which outlines the guidelines for the implementation of the Voluntary Assessment and Payment Programme (VAPP) for the...

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