Manila Bulletin
Business leaders agree to hard lockdown
Business leaders have agreed to a proposed two-week hard lockdown in August to curb the spread of the Delta variant.
This move is expected to result in a negative third-quarter economic growth but protect the traditionally high-earning fourth quarter.
Presidential Adviser on Entrepreneurship Joey Concepcion explained that August is a strategic time for a lockdown due to it being a slow 'ghost month' and the monsoon season keeping people indoors.
Leaders from various business organizations, including the Federation of Filipino Chinese Chamber of Commerce and Industry Inc. (FFCCCII) and the Philippine Chamber of Commerce and Industry (PCCI), concur with the proposal.
While the exact severity of the lockdown remains to be determined by the Department of Health, some business leaders emphasize that a lockdown must be severe to be effective.
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News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
President Rodrigo Duterte's economic team has conceded to a possible revert to more stringent lockdown measures to prevent the further spread of the Delta variant of COVID-19.
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Experts are recommending a two-week circuit-breaker lockdown in the Philippines to curb the spread of the highly transmissible Delta variant of COVID-19.
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Trade Secretary Ramon Lopez stated that the Philippine economy cannot withstand another nationwide lockdown, especially with the rising threat of the Delta variant.
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Malacañang announced that the government is not considering stricter nationwide lockdowns despite the threat of the Delta variant of COVID-19.
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