Philippine economy lost PHP 180 billion during NCR ECQ
In this April 16, 2021 article for the Philippine Star, Louella Desiderio reports on new estimates from the Department of...
Economic
In the US, states with longest lockdown suffered most economic harm
In this April 9, 2021 editorial by the Wall Street Journal, we discover the empirical data showing that lockdowns have...
World Bank: Philippines’ reliance on prolonged lockdowns caused economic deterioration
In this March 27, 2021 article for The Philippine Star, Louise Maureen Simeon covers a recent report released by the...
Chua: MECQ in NCR+ could lead to 2.1B loss in daily income, increased hunger and unemployment
In a statement to the press last March 23, 2021, Socio Economic Planning Secretary Karl Kendrick Chua said that Manila...
The global economic impact of lockdowns
In this March 1, 2021 article for Business World Online, author Bienvenido Oplas Jr. looks at the economic impact of...
Philippines’ economic team: No more lockdowns
Finance Secretary Carlos Dominguez III said on Monday, October 12, 2020 said that the Philippines cannot revert to stringent lockdowns...
Bacolod business owners calls on LGU to end lockdowns
The Bacolod Employers' Union (BEU) has called on the government to end the lockdown in the city. In a post...
Jollibee to close 255 stores
Jollibee Food Corporation (JFC) has announced that it will close 255 stores after suffering from a net loss of 11.96...
Big Tech thriving during pandemic despite widespread economic upheaval
While most countries in the world are experiencing severe economic contractions, Amazon, Facebook, and Apple are thriving. Projections are showing...
Philippines officially in technical recession as economy shrinks by 16.5% in Q2
The Philippine economy is experiencing its greatest contraction in two decades following the extension of lockdowns in the country. The...