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Philippines

Philippines braced for major blow to economy amid coronavirus scare

MANILA (Philippine Daily Inquirer/ANN): A prolonged crisis over the novel coronavirus (2019-nCoV) would likely cut up to 133bil pesos (RM10bil) from the country’s 19-trillion pesos economy, the country’s chief economist said on Friday (Feb 7) with the property sector already feeling the effects of the global contagion as well as the recent eruption of Taal Volcano.

Philippines

Quakes indicate possible eruption, agency warns

MANILA: Low-frequency earthquakes are still jolting Taal volcano, the Philippine Institute of Volcano­logy and Seismology (Phivolcs) said.