But if the contagion lasts until December, 0.7 per cent, or about 133bil pesos, will be shaved off the Philippine economy. “The next ripple effect is in residential [space] because whatever [office space] Pogos get, the residential requirement now follows. To date, however, Colliers noted that Pogos were still looking for additional space in Metro Manila, so far unscathed by the coronavirus contagion. "It will support the supply of diagnostic and laboratory equipment for rapid testing to help combat the outbreak, ” the ADB said. Other activities may include economic and health system assessments to improve understanding of the economic impacts and the design of appropriate response measures, ” it said.

Source: The Star February 08, 2020 05:03 UTC