Outstanding IOUs’ value inched up to P5.5 trillion in March
Even as investors’ appetite for government securities weakened in mid-March as they held on to cash at the start of the enhanced community quarantine, the amount of debt papers sold…
ADB warns global cost of virus could top $4 trillion
MANILA, Philippines — The COVID-19 pandemic could cost the global economy $4.1 trillion as it ravages the United States, Europe, and other major economies, the Asian Development Bank (ADB) warned…