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| How the economy is doing during the Covid pandemic? |
The outbreak of pandemic Covid-19
all over the world have disturbed the political, social, economic, religious, and
financial structures of the whole world. It has greatly affected even the
world’s topmost economies such as the US, China, UK, Germany, France, Italy,
Korea and Japan as well as many others are on the verge of collapse. The Philippines isn’t spared because we have also been badly hit by the virus that
has plagued the globe.
Stock markets around the world
have been pounded and oil prices have fallen off a cliff. There were
establishments that have declared bankruptcy such as The Century Seafood restaurant in Manila and
there are those that needed to close down like The Marco Polo Hotel in Davao.
People have filed for unemployment and have started searching for jobs online.
Also, many experts on economic and financial matters have warned about the worsening condition of global economic and financial structure.
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| Sun Life Asset management Company Inc. Market Outlook Forum 2020 |
Due to the Covid-19 outbreak, people
are all going digital. Meetings are done using Zoom and Skype, while the
remaining classes were done online. Even press conferences are now being held
online. I recently attended a webinar on Sun Life Asset Management Company Inc.
[SLAMCI] about their Market Outlook Forum in 2020. Sun Life Philippines’
President Ms. Valerie N. Pama said that the company had always been digitally
active.
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| Sun Life PH Sun Rise Portal |


