Davao Oriental city placed under two-week GCQ

[ad_1] Metro Manila (CNN Philippines, January 28) – Lupon, Davao Oriental switched to a stricter general community quarantine on Friday due to the increase in COVID-19 cases in the municipality in recent weeks, the local government said. The GCQ statement will be until February 10. “The municipality of Lupon has …

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BSP searches social media to measure sentiment

[ad_1] The Governor of the Central Bank of the Philippines, Benjamin E. Diokno – BLOOMBERG THE CENTRAL BANK is considering analyzing internet articles and social media posts as an indicator of sentiment to drive policy-making, said Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. The BSP economics research team …

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Philippine GDP shrinks a record 9.5% in 2020

[ad_1] Gross domestic product (GDP) contracted 9.5% in 2020, the worst in the history of the Philippines. – PHILIPPINE STAR / MICHAEL VARCAS By Beatrice M. Laforga, Reporter THE PHILIPPINE ECONOMY hisffrecorded its worst annual contraction on record in 2020, even after gross domestic product (GDP) contracted at a slower …

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