Moody's keeps Philippines' credit rating, outlook as it flags virus risk

Moody's Investor Service said Tuesday it kept its credit rating and outlook on the Philippines, as it highlighted the economic risk of the COVID-19 pandemic and resulting lockdowns.

'Take a bit of risk': Duterte adviser pushes for lockdown easing

The COVID-19 lockdown in Metro Manila should be eased on May 16 as scheduled to restart the economy, an economic adviser to President Rodrigo Duterte said Monday, ahead of an expected statement from the chief executive.