Winners and losers during the pandemic

Looking forward to the future of business

Rizal Philippines

3.25.2021

Winners and losers in business - CNN

There were a number of losers and winners during the pandemic;   Lucky for those who made it;  struggle and valuable lessons for those who lost:

Winners:

      1.  Health care -  hospitals, diagnostics especially those involved in testing,  ppe supplies, vaccines

      2.  Fin tech - those involved in transfer of funds

      3.  We deliver foods, grocery

      4.  Those working in the govt;  involved in health, and aid distribution  

Losers:

     1.  Airlines

     2.  Energy

     3.  Hospitality business

     4.  Restos and hotels

     5.  Resorts 

     6.  Malls

     7.  Banks (due to Baho law loan extensions0

     8.  Schools.

Some businesses permanently closed and we weep for them

MPIC Plans Joint Venture with Capitol Medical Center

The AGSB Advantage

Business News yesterday said that the MVP Metro Pacific Investment Company is thinking of entering JV with 300 bed Capitol Medical Center.  The 300 bed hospital is owned partly by the Clemente Family (Chito an IT Genius took up MBAH presumably as part of beefing up of its management);  they own 30% of the hospital.  

The hospital division earned PHP400 million last year.  Its initial foray into the hospital business was the rescue of Makati Med Center, as an act of white knight, to aid an ailing famous institution of health in Makati.  Since them MPIC acquired Cardinal Santos, the Asian Hospital, Riverside Hospital Bacolod,  Our Lady of Lourdes Hospital in Mandaluyong, and Davao Doctors Hospital.

It is believed that MPIC is bidding for the Private Public Partnership scheme of the National Orthopedic Hospital.

Why is MPIC into the hospital business?

Is it good for global competitiveness of PHL hospitals?

Will MPIC be eventually controlling the PHL because it is into everything that people need:  telco, health care, roadways, water supply power probably, etc?

Will it make health care affordable to every Filipinos?