LOCAL economists and analysts are not optimistic about the country’s economic outlook given the extent of the Covid-19 pandemic.
Economists see the virus eating away whatever gains the economy has had in the past decade. Some are even talking about the dreaded “R” word—recession, or what the Philippines and the rest of the world went through during the global economic crisis of 2009.

LOCAL economists and analysts are not optimistic about the country’s economic outlook given the extent of the Covid-19 pandemic. Economists see the virus eating away whatever gains the economy has had in the past decade. Some are even talking about the dreaded “R” word—recession, or what the Philippines and the rest of the world went through during the global economic crisis of 2009.

Pandemic presses PHL’s pain points: Problems, proposals

The BusinessMirror provides readers with a broader look at the nation’s business in these challenging times. It covers not just economies or industries or companies or markets, but all the people and elements whose dynamics influence developments, movements and trends.

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Pandemic presses PHL’s pain points: Problems, proposals

Pandemic presses PHL’s pain points: Problems, proposals