Key Insights

• Consumers are refraining from going outside their houses for leisurely activities. In
  addition to sustained decrease in interest in touristic travel, we are now seeing
  decreased interest in more routine out-of-home activities like dining out.
• There is an observable decline in interest in e-Services and OFW deployments, but
  their effects post-community quarantine have yet to be seen.
• For every month lockdowns continue, the Philippine economy loses PHP 16.246
  Billion.
• FDI inflow is expected to drop significantly as the majority of the Top 5000 MNCs
  issue profit warnings.
• Compared to other countries in Southeast Asia, the Philippines will experience less
  adverse losses in GDP than other economies like Thailand, Viet Nam, and Singapore.

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