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.
Philippines
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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.
– Thailand and Malaysia led the region in terms of government stimulus
– Key digital solutions were developed in food delivery, education, health care and finance
– Despite falling globally, M&A increased in Asia throughout the year
– Emerging markets in ASEAN stand to benefit from the supply chain shift away from China
The Regional Comprehensive Economic Partnership (RCEP) was finally signed on Sunday November 15, on the sidelines of the annual summit of the Association of South-East Asian Nations (ASEAN). As well as marking a significant regional milestone, it is hoped that this deal will help its 15 signatories recover from the economic fallout of the coronavirus pandemic.
Economic update | Covid-19 and the Philippines: could co-working spaces fill the void as firms decentralise?
22 Oct 2020
With the Covid-19 pandemic inducing a significant shift towards working from home as companies maintain social distancing, in the Philippines co-working spaces are emerging as a solution for firms seeking to decentralise while ensuring a sound operating environment for employees.