Southeast Asia • STORY OF THE DAY • Jan 28, 2021 • 2 min read

Global economy Philippine economy shrinks at a record 9.5% in 2020
By
Agence France-Presse
• Jan 28, 2021
Official data released on January 28 that the Philippine economy shrank a record 9.5 percent throughout 2020, after coronavirus measures devastated the country's retail and tourism sectors while a series of natural disasters wrecked crops