WASHINGTON, Oct 14, 2020 (AFP) - The world's two dominant emergency lenders opened their annual meetings on Wednesday with a renewed call for the wealthy to help the poorest deal with the ravages of the coronavirus pandemic, within national borders and globally. (FILES) In this file photo...
Businesses are pessimistic about their operations in the short-term as sales revenue remained depressed despite the easing community quarantine, a survey commissioned by the government and World Bank revealed. Based on the results from the Philippines COVID-19 firm survey, business owners claimed...
The World Bank expects a deeper economic downturn in the Philippines this year due to uncertain prospects as the still uncontrolled coronavirus pandemic will certainly take a heavier toll on poverty. Based on October 2020 Economic Update for East Asia and the Pacific , Washington-based...
To fully transform the agriculture sector, the Department of Agriculture (DA) must be given a higher budget, ideally more than P100 billion, that is proportional to the sector’s contribution to the country’s total gross domestic product (GDP), a top DA official said. Farm workers thresh rice...