Latest news
× COVID-19 threat tinkers with Moody’s growth forecast for PH, other countries

Debt watcher Moody's Investors Service (Moody's) slashed its 2020 growth forecasts for the Philippines, China and other countries in Asia-Pacific as the COVID-19 outbreak continued to threaten economic expansion in the region.

In a report titled "Sovereigns -- Asia Pacific: Regional growth update following coronavirus outbreak" released on Tuesday (Feb. 18), Moody's cut its 2020 gross domestic product…

Read also: Moody’s cuts PHL growth