News Formal

Companies hold off plans to reassess business operations under 'new normal'

  • 📰 CNN Philippines
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Industry leaders say that private firms and construction companies have scaled down business activities as they recalibrate their operations under the 'new normal,' with the pandemic a remaining threat.

Private firms and construction companies have scaled down business activities as they step back to reassess their operations under the"new normal," industry leaders said Friday.

When most areas saw relaxed lockdown rules by May, Tan noted there had been a"slowdown" in credit applications as businesses pause to figure out how they will reopen with the coronavirus a remaining threat. President Rodrigo Duterte's economic team said it will continue the government's flagship construction projects under the"Build, Build, Build" program, counting it as a crucial strategy for economic recovery.DPWH chief says big-ticket 'Build, Build, Build' projects will push through despite COVID-19 crisis

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Job recruitment firm tells companies to hire younger people for new 'digital normal'Leading job recruitment company Kalibrr advises local companies to hire younger employees to cope with the new ‘digital normal’ amid the COVID-19 pandemic. discriminatory ..
Source: CNN Philippines - 🏆 13. / 63 Read more »