I'm sure now that the vaccines are already available, travelling from country to country is not hard anymore so there's no reason this fight will be cancelled.
seems no recent updates yet. but according to this article , they are planning to hold this coming April. however, it will be next month already and no updates from them. so it means, it will not materialise this coming April.
this covid is like their determining factor. and it says from the article, if Japan will allow Dasmarinas to travel from PH to their country. so that sched is yet to be determined as they are planning to have the fight in Inoue's home country.