President Rodrigo Duterte on Monday met with health experts and former officials from the Department of Health to receive “critical information” that will help him decide whether to cease the Luzon lockdown or ease it in order to begin business recovery, local media reports.
On Sunday, Justice Secretary Menardo Guevarra said that the government could not wait until the entire country reaches zero transmission, “as by then we may have hit the tipping point where it would be extremely difficult to recover from the economic and social devastation.”
The entire island of Luzon has been in lockdown since mid-March due to the COVID-19 pandemic. Schools, businesses, including casinos have been shut since then. It is scheduled to end at the end of April.
Guevarra said the president will decide within the next week whether to extend or loosen the lockdown.
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Nagasaki Governor Hodo Nakamura has announced that his prefecture’s RFP process would commence from January 7, showing his eagerness to get an early jump on compiling an IR licensing proposal that cannot be submitted until at least October, under the revised timeline.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.