Business leader keeps positive Q4 outlook, banks on vaccine deliveries

·2 min read

A BUSINESS leader has expressed optimism of the fourth quarter outlook amid the rising Covid-19 cases in Cebu, banking on the arrival of more vaccines to the country.

Mandaue Chamber of Commerce and Industry (MCCI) president Steven Yu said with the arrival of millions of vaccines over the last weekend, the supply should keep vaccination centers busy.

“Cebu has a relatively higher vaccinated population versus other areas, this is the backbone of our positive outlook for a good fourth quarter,” he said.

“Based on the timetable, there will be more (vaccines) coming this third and fourth quarters. If all these materializes, then our outlook for the fourth quarter remains the same,” Yu added.

The MCCI official said the chamber’s outlook in the next coming months remains positive.

He said based on the feedback from multi-sectoral partners, there may be a surge in Cebu but not considered a third wave yet. The Department of Health 7 said the region is currently riding the third wave of the Covid-19 virus.

“So far, we are still far from the danger zone. The race against time to vaccinate a significant portion of Cebu’s eligible population remains ‘on’ to deter new variants from taking root. The good news is that all our local government units are up to the challenge. As long as there is sufficient supply, they will deliver,” he said.

Vaccine doses

Public and private vaccination centers in Cebu have administered 464,147 doses, of which 353,978 were first doses and 110,169 were second doses, as of July 11, 2021.

In Cebu City, 181,622 doses were administered, of which 128,122 were first doses and 53,500 were second doses while in Mandaue City, a total of 97,981 vaccine doses were administered, of which 80,220 were first doses and 17,671 were second doses.

In Lapu-Lapu City, 44,858 vaccine doses were administered, of which 36,771 were first doses and 8,087 were second doses while in Metro Cebu, 17.44 percent of the total eligible population have received the first dose, while 5.10 percent are fully vaccinated.

The country continues to receive its vaccine supply both donated and procured as the government ramps up its vaccination efforts to stave off long term economic and health effects of the virus on the population. (JOB)

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