Philippines

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At the start of 2020, the Regional Comprehensive Economic Partnership (RCEP) – potentially the world’s largest free trade deal – seemed on track to be signed by the end of the year. However, the coronavirus pandemic has slowed that process, raising some questions about when the agreement will be formalised.

The economic fallout from the coronavirus pandemic has had a significant impact on business investment. However, while the volume of investments has plunged worldwide, there are hints that South-east Asia could see new mergers and acquisitions (M&As) in specific sectors.

The Philippines is experiencing a boom in digital banking as a result of the Covid-19 pandemic, with several digital-only banks announcing plans to enter the market and legacy banks rapidly upgrading their online offerings.

With the outbreak of the novel coronavirus disrupting agricultural links to consumers, the Philippine government has sought to bolster food security by providing farmers with financial support and forming new localised supply chains. While these reforms have helped, a number of technological solutions also have the potential to strengthen the industry through greater access to finance.

As much of the Philippines remains under 'enhanced community quarantine' due to Covid-19, the country’s vital business process outsourcing (BPO) industry has adjusted to new working practices and shifts in demand.

As social-distancing measures lead to increased demand for home entertainment, what strategies can be employed to increase penetration in a sustainable manner?

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