Inside the Philippines: May 2021

COVID-19 Status: Quarantine extended, vaccine roll-out continues

Modified Enhanced Community Quarantine (MECQ) extended in Greater Metro Manila area until mid-May

PH continues vaccinations as new orders arrive in May

Macroeconomic Update: R&I affirms PH’s BBB+ rating with ‘stable’ outlook, though unemployment slow to recover

Rating and Investment Information Inc. (R&I) expects the country’s fiscal and monetary policies to boost growth

Unemployment rate at 8.8% as of February 2021, down from April 2020 peak of 17.6%  

Deal Spotlight: Local companies gear up for stock market listing while Partners Group continues PH activity

Top food and beverage players file for stock market listings

Partners Group partners with top conglomerate for telco platform, as it mulls exit for local outsourcing firm

Industry Spotlight: PH ranked the 2nd best investment destination for renewables in SE Asia

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