SE Asia Stocks-Philippines falls after economic contraction warning
Philippine shares fell on Monday
following a warning that the coronavirus pandemic will likely
send the economy into its first annual contraction in more than
two decades this year, while financials helped Singapore rise
after five sessions of losses.
Philippine gross domestic product would likely shrink by
0.2% in 2020 before bouncing back to about 7.7% as
following a warning that the coronavirus pandemic will likely
send the economy into its first annual contraction in more than
two decades this year, while financials helped Singapore rise
after five sessions of losses.
Philippine gross domestic product would likely shrink by
0.2% in 2020 before bouncing back to about 7.7% as
Posted by Reuters
