Daily News

Economy at risk from metro lockdown — analysts

A month-long lockdown ordered by President Rodrigo Duterte in Manila, the capital and surrounding cities could slow overall growth as a region-wide quarantine affects logistics and supply chains, according to analysts. Socioeconomic Planning Undersecretary Rosemarie Edillon said this week they were looking at a 5.5-6.5% GDP growth this year because of the outbreak. The government had targeted growth of 6.5-7.5%.