PH sees P90-B economic loss from recent typhoons

THE damage caused by the recent typhoons in the Philippines could result in an estimated loss of P90 billion in the country’s gross domestic product (GDP), the National Economic and Development Authority (NEDA) said on Wednesday, November 18. “I think our initial estimate is that it will shed off something like a 0.15 percentage point…

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NEDA chief: Another quarantine extension ‘difficult’ to sustain

THE National Economic and Development Authority Secretary on Thursday, April 16, said that sustaining another extension for the enhanced community quarantine enforced in Luzon will be difficult. President Rodrigo Duterte in March placed Luzon under quarantine to stop the spread of the novel coronavirus (COVID-19) in the country. It was supposed to end on April…

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