Business owner Jefferson Catimbang braced himself as Philippines President Rodrigo Duterte made the big announcement. On 16 March, a month-long quarantine was declared in Luzon—the main island group in the country, which includes the capital, Manila—to quell rising Covid-19 cases. With the order taking effect the very next day, Catimbang had a few hours to…
Small business, big heart?
Filipino MSMEs experiment, huddle to fight Covid-19 chill
A quarantine imposed by the Philippines government is having a staggering effect on micro, small and medium-sized enterprises, which make 99.5% of all established businesses in the country. They're shifting their focus, going digital or even looking at their fellow entrepreneurs for help. It's do or die
Nonessential businesses shut their doors on orders from the government as Covid-19 cases surge
Many, especially small ones, lack the cash to stay afloat for a month or even less
But some business owners are doing everything in their power to keep employees and survive the crisis
The collapse of small businesses risks sapping economic growth, but Philippines authorities show businesses are not a priority