Due mainly to the skyrocketing costs of fuel, consumer prices quickened at a much faster pace in March, up from the three percent in February, but still slower compared to the 4.1 percent in March 2021.
The Department of Health (DOH) reported that 66.2 million individuals have already been fully
Published March 1, 2021, 4:50 PM
Trade and Industry Ramon M. Lopez expressed optimism that the Philippine economy will go back to pre-pandemic level ahead of 2023 that President Duterte earlier projected.
“It is still possible. Will do our best, through other economic reforms and programs,” Lopez said when asked if the economy would be back to pre-pandemic level ahead of 2023.
Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO)
During the Laging Handa briefing in Malacanang, Lopez clarified that President Duterte’s earlier statement that the country would be back to the normal by 2023 yet could be referring to the the pre-pandemic level where there was no movement restriction.
By BERNIE CAHILES-MAGKILAT and JEAN FERNANDO
The reopening of traditional cinemas is expected to bring back displaced workers and help revive the entertainment industry, which was pegged at P13 billion and employed roughly 300,000 Filipinos before COVID-19 lockdowns and quarantines padlocked thea