Tag page - PH economy

The Philippines’ manufacturing activity contracted anew in October as operating conditions across manufacturing companies worsened as the economic fallout from the coronavirus disease (COVID-19) pandemic persisted. After breaching the 50-neutral mark for the first time in seven...

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...

The Asian Development Bank (ADB) expects a deeper contraction in the Philippine economy this year as consumption and investments are seen to remain subdued for the remaining months of the year amid global uncertainly. Based on the updated Asian Development Outlook 2020, the Manila-based...

FAITH ON THE GROUND Noel R., 33, a construction worker who lost his job, on Plaza Miranda imploring the Black Nazarene’s mercy.  (Ali Vicoy) Your employer? No, he’s disappeared. Malacañang ? A senator, your congressman? Your mayor and barangay captain? No—he can’t even get a bus ride...