KONTAN.CO.ID - MANILA. After 17 months of on-off lockdown measures in and around the Philippine capital Manila, its weary residents are hoping the latest easing of restrictions can breathe some life into an economy weighed down by the COVID-19 crisis. The Philippines, which has one of Asia's worst and longest-running coronavirus epidemics, announced a loosening of measures late on Thursday to try spur activity in an economy that contracted a record 9.5% last year. "We had less passengers, we were only allowed 50% capacity, we had a really hard time in our trips since what we earned was just enough for our everyday meals," said Reynaldo Escanilla, who drives a jeepney passenger truck.
Cautious optimism as Philippines, Malaysia ease some coronavirus curbs
KONTAN.CO.ID - MANILA. After 17 months of on-off lockdown measures in and around the Philippine capital Manila, its weary residents are hoping the latest easing of restrictions can breathe some life into an economy weighed down by the COVID-19 crisis. The Philippines, which has one of Asia's worst and longest-running coronavirus epidemics, announced a loosening of measures late on Thursday to try spur activity in an economy that contracted a record 9.5% last year. "We had less passengers, we were only allowed 50% capacity, we had a really hard time in our trips since what we earned was just enough for our everyday meals," said Reynaldo Escanilla, who drives a jeepney passenger truck.