When the whole province of Bohol was under enhanced community quarantine (ECQ) in March 2020, all business establishments were ordered closed except public markets, slaughterhouses, supermarkets and grocery stores, hospitals and health facilities, pharmacies and drug stores, and other essential businesses. When the province transitioned to general community quarantine, some two months later, restaurants, service establishments, and other businesses as bookstores, accounting and legal offices, publishing and printing, are allowed to open but at 50% capacity. Throughout this period, the island province was closed to tourists and ports of entry were closed to incoming travelers, except for locally-stranded individuals and returning OFWs. With these restrictions, it is unavoidable that businesses will have significant losses in revenues. Based on our study on the socio-economic impact of COVID-19 on Tagbilaran City, the service sector reported the worst decline in...
The Island's News......Our Views......