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Heed past lessons to avoid deeper plunge

Manila Bulletin

|

July 19, 2021

An announcement from Fitch Ratings last July 12 has set off alarm signals as the nation continued to grapple with COVID-19:

Heed past lessons to avoid deeper plunge

“The revision of the Philippines’ outlook to Negative reflects increasing risks to the credit profile from the impact of the pandemic and its aftermath on policy-making as well as on economic and fiscal out-turns. Fitch believes there are downside risks to medium-term growth prospects as a result of potential scarring effects, and possible challenges associated with unwinding the exceptional policy response to the health crisis and restoring sound public finances as the pandemic recedes.” the ratings agency noted.

Manila Bulletin'den DAHA FAZLA HİKAYE

Manila Bulletin

Manila Bulletin

Toll in Spain train collision rises to at least 39 dead as rescue efforts continue

Spanish police said Monday that at least 39 people died in the high-speed train collision Sunday in southern Spain and rescue efforts were continuing.

time to read

1 mins

January 20, 2026

Manila Bulletin

Manila Bulletin

5 million witness Sinulog Grand Parade in Cebu City

More than five million people witnessed the Sinulog Grand Parade here on Sunday, Jan. 18.

time to read

1 mins

January 20, 2026

Manila Bulletin

ChatGPT’s free ride is ending

OpenAl says it will soon start showing advertisements to ChatGPT users who aren't paying for a premium version of the chatbot.

time to read

1 mins

January 20, 2026

Manila Bulletin

Reclamation, dredging activities continue in Manila Bay – fishers

projects, alleging that operations continue in several parts of Manila Bay.

time to read

1 mins

January 20, 2026

Manila Bulletin

IMF downgrades PH growth outlook

Washington-based International Monetary Fund (IMF) reduced its economic growth forecasts for the Philippines through 2027, citing governance concerns and climate-related disruptions that have begun to weigh on the country’s recovery.

time to read

2 mins

January 20, 2026

Manila Bulletin

Reclamation, dredging activities continue in Manila Bay - fishers

Fishers on Monday, Jan. 19, accused the government of carrying out what they branded as a “fake rehabilitation” of Manila Bay, pointing out that large-scale reclamation and dredging projects continue to destroy marine ecosystems and livelihoods.

time to read

2 mins

January 20, 2026

Manila Bulletin

Bonoan charged with plunder as Jinggoy's co-respondent; trial for Zaldy Co

Plunder charges were filed against former Department of Public Works and Highways (DPWH) secretary Manuel M. Bonoan by the National Bureau of Investigation (NBI) before the Department of Justice (DOJ) over the \"anomalous\" flood control projects.

time to read

2 mins

January 20, 2026

Manila Bulletin

PAL passengers turn layovers into adventures through DOT tours

Foreign travelers with long layovers in Manila can now transform wait time at the airport into curated city experiences aboard the Department of Tourism’s (DOT) Transit Tours in partnership with Philippine Airlines (PAL).

time to read

1 min

January 20, 2026

Manila Bulletin

PBBM respects impeachment process – PCO

Malacañang said President Marcos respects the filing of an impeachment complaint against him at the House of Representatives, stressing that such action is part of the democratic process under the Constitution.

time to read

2 mins

January 20, 2026

Manila Bulletin

Manila Bulletin

Josh Groban recalls first PH concert: I was a little bit nervous

Award-winning singer and songwriter Josh Groban is thrilled to return to the Philippine stage for his upcoming \"Gems World Tour\" concert at the SM Mall of Asia Arena on Feb. 18.

time to read

3 mins

January 20, 2026

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