The Future of Retail
In many parts of the globe, stores were forced to shutter down in compliance with government regulations, as lockdowns became imperative to arrest the spread of Covid-19. In the Philippines, the entirety of Luzon was placed under Enhanced Community Quarantine (ECQ) from 16 March to 15 May, and only businesses deemed essential were allowed to operate. It was inevitable that the pandemic would put a considerable damper on economic growth. In a report sent to journalists, the Bangko Sentral ng Pilipinas (Philippine Central Bank), said that growth would be sluggish for the remainder of 2020, with no
