AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)
World

Philippines' Duterte looking to reopen economy in coming weeks

  • Health ministry reports renewed spike in COVID-19.
  • Authorities warn public against complacency.
Published March 11, 2021

MANILA: Philippines President Rodrigo Duterte said on Thursday the economy should be reopened soon, calling for a quick vaccination of millions as the country reported the highest daily increase in COVID-19 infections for nearly six months.

The Philippine economy was among the fastest growing in Asia before the COVID-19 pandemic, but strict and lengthy restrictions to limit coronavirus contagion have dampened consumer spending and left millions jobless.

"I have to reopen the economy. I have given a timetable of just weeks," Duterte said in a speech at a provincial airport inauguration. "The economy must be opened in a short while."

It would reopen if millions, especially those living around big cities, are already vaccinated, the firebrand leader added.

The Philippines, which has the second-highest number of COVID-19 cases and deaths in Southeast Asia, started its vaccination programme on March 1 with 600,000 Sinovac shots donated by China.

The health ministry on Thursday recorded 3,749 new coronavirus infections, the highest daily increase in cases in nearly six months, and 63 additional deaths.

Authorities have warned the public not to be complacent and continue to practice physical distancing to avoid the spread of the virus accelerating further.

The Philippines aims to inoculate 70 million of its 108 million population to achieve herd immunity and facilitate a reopening of the economy, which suffered a record slump in 2020.

Comments

Comments are closed.