Tag page - outlook

The Asian Development Bank (ADB) maintained its growth forecasts for the Philippines despite the resurgence of coronavirus infections in Southeast Asia that also posed a threat in the local economy. ADB HQ In its Asian Development Outlook Supplement released Tuesday, July 20, the ADB said it is...

Despite the challenges of the pandemic, Philippine Telegraph and Telephone Corp.(PT&T)'s subscriber base grew 15 percent in 2020, pushing its year-on-year revenue up eight percent to P408 million. PT&T also managed to cut down its losses by 40 percent, from P49.5 million in 2019 to P27.5...

While virtual meetings could take the place of business travel and the sector may not recover from the pandemic until 2024, airlines will survive, according to Moody's. This was the gist of the latter's newest Sector-In-Depth report: “Airlines – Global: Business travel faces higher substitution...