Kittelson & Carpo Consulting – Blogs
Our blog section features original articles on finance, foreign investments, industry updates, entrepreneurship, and other business topics for people who want to gain knowledge on the Philippines’ business environment and economic profile.
Our articles also provide valuable insights on best practices in doing business in the Philippines for local and foreign entrepreneurs looking to set up operations in the country.
The scope of the COVID-19 crisis caught us all by surprise. The impact has been felt by workers in companies of all sizes, in all industries. Globally, an estimated 300 million full-time jobs have been lost since COVID-19 struck.
Following the declaration of community quarantine and travel restrictions, the Philippine government eased the mode of application for local and foreign entrepreneurs seeking to set up a business in the Philippines during the COVID-19 pandemic.
The Philippines is known as one of the fastest-growing economies in the ASEAN region, which attracts foreign investors and workers to come into the country to expand their skills and their businesses.
Many businesses struggle as the COVID-19 pandemic persists, pushing them to realign their strategies to mitigate the pandemic’s adverse effects, while others are forced to close for the foreseeable future.
The ongoing COVID-19 pandemic has forced many businesses to adopt work from home arrangements on a wide scale. Since the crisis began, the percentage of remote workers doubled, from 31% to 62%.