WTTC’s Report reveals significant recovery in the Philippines Travel & Tourism sector in 2021

Philippine capital to retain coronavirus curbs until vaccinations

The Philippines, among the fastest-growing economies in Asia before the pandemic, noticed its gross domestic product slump by a record 9.5% in 2020, as one of the world’s longest and strictest COVID-19 lockdowns shuttered thousands of businesses and left millions out of work.

“The chief executive recognizes the importance of reopening the economy and its impact on people’s livelihoods. However, the president offers a higher premium to public health and safety,” spokesman Harry Roque stated in a statement.

The restrictions in Manila, the epicentre of the Philippine epidemic, were set to end this month however will be extended till the mass vaccination drive is underway.

Roque stated earlier on Monday that would kick off with 600,000 doses of Sinovac Biotech vaccines donated by China, which should arrive later this month.

The Philippines has been talking to seven vaccine makers to attempt to ensure enough supplies for more than two-thirds of its 108 million population.

Its Food and Drug Administration (FDA) on Monday granted emergency use authorization for the Sinovac vaccine, CoronaVac.

The capital region, a/.. ., city sprawl of 16 cities accounting for 40% of the nation’s economic output, has been under partial curbs since August, limiting the operating capacity of businesses and public transport.

Face-to-face school and university classes are also prohibited.

With more than 563,000 cases and nearly 12,100 deaths, the Philippines has the second-highest COVID-19 infections and casualties in Southeast Asia, next to Indonesia.