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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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. 

After a year of external expansion and internal reorganisation due to Covid-19, South-east Asia’s super apps appear to be looking towards mergers and public listings as a strategy for future development.

 

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

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