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Business 15 Dec 2020 | 7:00 AM

Philippines war chest not enough

MANILA: The Philippines’ war chest against Covid-19 may not be enough to bankroll the huge financial support needed to recover from the pandemic-induced recession as well as resume jobs and livelihood, according to an Asian Development Bank (ADB) report.

Business 03 Dec 2020 | 7:00 AM

Philippines’ virus losses to breach 10% of GDP

MANILA: Covid-19’s impact on economies will spill over to next year such that the pandemic-induced economic losses in the Philippines would exceed 10% of gross domestic product (GDP) both in 2020 and 2021, especially due to a slow recovery in consumer confidence, according to the Asian Development Bank (ADB).

Metro News 01 Dec 2020 | 7:00 AM

LRT plan to proceed despite hiccup

EVEN without the RM2bil Federal Government guarantee for the Bayan Lepas light rail transit (LRT) project funding, the Penang government will find a way to see the project become a reality.