Lockdown extension to delay recovery
The latest two-week extension until May 31 of the COVID-19 lockdown in the Philippines will hurt the economy some more and risk delaying recovery, London-based Capital Economics said. “The Philippines…
Delay in 2019 budget blessing in disguise as more funds seen for COVID-19 fight
Who would have thought that the delayed approval of the P3.7-trillion 2019 national budget—which economic managers had blamed for last year’s eight-year low economic growth—will become another financial lifeline during…