PH economy and business in 2021: Slow, fragile recovery

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A rebound is underway for both the economy and businesses, but still not at full speed as quarantine restrictions and fears over the COVID-19 crisis linger.

Consumers, meanwhile, had to deal with skyrocketing commodity prices: inflation has accelerated by 4.5% on average this year due to rising food and energy costs - coupled with bottlenecks in global supply chains.Sectors in the green, red

This, as the government — for almost two years now — continued to impose limitations on the movement of people, forcing them to stay online, either for work or studies. "Our energy players can also be considered as big gainers this year amid the recovering energy demand coupled with the tight supply which led to higher energy prices. This can be seen in the revenue performance of Aboitiz Power Corporation, AC Energy Corporation, and First Gen Corporation," he said."These include the air transportation sector as seen with the financial performance of PAL Holdings, Inc. and Cebu Air, Inc.

 

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Please help our country men, they are stranded ing dubai airport fir 3 days, Cebu Pacific cancelled the flights but no one from from the airlines is taking care of the passenger. Please help

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