MANILA, Philippines —
“The latest data demonstrates to us that mid-market business leaders globally are being very realistic about the challenges that the first half of 2021 will bring, but they are facing this uncertainty with sensible pragmatism and resilience,” P&A Grant Thornton chair and CEO Marivic Españo said in a statement.
According to the poll, businesses find that funding investments and meeting continuing operating needs during the pandemic remain a challenge. The local Grant Thornton head noted, however, that preparations for ramping up business operations is being made against the backdrop of last year’s sharp decline in activity, as evidenced by the steepest economic contraction ever recorded in the country’s history.
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