Philippine economy fears as coronavirus curbs reintroduced

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Mon, 2020-08-03 04:27

MANILA: The Philippines stock market tumbled on Monday after the government reimposed coronavirus lockdown measures in and around Manila in response to fresh outbreaks, dashing hopes of a swifter economic recovery.
The restrictions, due to take effect from Tuesday, are being reinstated after a group of doctors and nurses warned that the health care system could collapse as a result of surging COVID-19 cases.

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