Credit to Author: Tyrone Jasper C. Piad| Date: Wed, 26 Feb 2020 17:35:50 +0000
THE stock market tumbled out of the 7,000 territory on Wednesday following a massive global sell-off over the continued impact of the coronavirus disease 2019 (Covid-19) outbreak, with an analyst predicting a recession. The benchmark Philippine Stock Exchange index (PSEi) plunged by 3.86 percent or 277.60 points to finish at 6,909.84, while the wider All […]
Read moreCredit to Author: Tyrone Jasper C. Piad| Date: Tue, 11 Feb 2020 13:00:11 +0000
THE government and private sector should increase their investment in local tourism as tforeign tourist arrivals fall on account of the outbreak of 2019 novel coronavirus acute respiratory disease (2019 nCoV ARD), the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) said on Tuesday. “The FFCCCII urges government and all sectors to […]
Read moreCredit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 07 Feb 2020 16:56:35 +0000
THE impact of the 2019 novel coronavirus acute respiratory disease (2019-nCoV ARD) outbreak could shave as much as 0.7 percent of the country’s gross domestic product (GDP) if it lasts the entire year, according to preliminary estimates of the National Economic and Development Authority (NEDA). At the #AskNEDA briefing in Pasig City on Friday, Socioeconomic […]
Read moreCredit to Author: Mayvelin U. Caraballo, TMT| Date: Tue, 04 Feb 2020 16:30:11 +0000
THE 2019 novel coronavirus acute respiratory disease (2019-nCoV ARD) that broke out in China and has spread overseas would likely drag growth in the Philippines’ tourism and export sectors this year, Finance Secretary Carlos Dominguez 3rd said on Tuesday. Dominguez’s view was shared by a number of analysts, who estimated that the virus’ impact on […]
Read more