Philippine economy fears as coronavirus curbs reintroduced

Author: 
Reuters
article author: 
ID: 
1596430344821751000
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.

Main category: 

Leave a Reply

Your email address will not be published.