Pandemic fallout to keep PH inflation in check, BSP says
Prices of basic goods and services would likely remain benign over the near term as the local economy continues to struggle with weak demand due to the coronavirus pandemic, the…
Pandemic fallout to keep Philippine inflation in check, BSP says
MANILA, Philippines – Prices of basic goods and services will likely remain benign over the near term as the local economy continues to struggle with weak demand due to the…
S. Korea braces for prolonged COVID-19 economic fallout
Finance Minister Hong Nam-ki speaks at a meeting with officials in central Seoul on Monday. Yonhap via The Korea Herald SEOUL — South Korea’s government on Monday vowed to announce…
S. Korean economy shrinks 1.4% in Q1 amid virus fallout, sharpest contraction since 2008
SEOUL — South Korea’s economy shrank 1.4 percent on-quarter in the first quarter of this year, as the coronavirus pandemic crippled industrial output, consumer spending and job markets, the Bank…
S. Korea’s credit card loans soar in March amid COVID-19 fallout
SEOUL — South Korea’s credit card loans soared 25.6 percent on-year in March, amid the prolonged economic fallout of the COVID-19 outbreak, industry data showed Wednesday. Seven major credit card…
Prolonged COVID-19 lockdown fallout: Zero or negative growth, says Dominguez
The Duterte administration’s chief economic manager on Wednesday (April 8) said the extension of the enhanced community quarantine in Luzon will result in “zero to possibly negative 0.8-percent” Philippine economic…