In a statement on Wednesday, Mr.
“We in the business community know only too well how important it is to keep the economy open, not just for our own businesses but for the entire economy,” Mr. Concepcion said. According to Mr. Concepcion, the Philippines is risking a surge of COVID-19 cases in the second half unless the vaccine and booster adoption rate rises.
“We already know what might happen if we don’t act, and we know what needs to be done. If we close down again in the second semester, we risk losing our gains in the last two years. This can be entirely preventable if we act now,” Mr. Concepcion said.