Posted inPhilippines

Philippine economy in freefall as Covid rates soar

MANILA – Following a steep contraction last year, the Philippine economy is again in freefall as surging Covid-19 infection rates and a snail-paced vaccination program hamper any recovery. With more than 10,000 daily infections and Metro-manila accounting for nearly half of those new infections, the government has again imposed strict lockdowns across key economic hubs, which make up […]