President Rodrigo Duterte approved his Cabinet’s proposal to tighten restrictions in metro Manila and nearby provinces for 15 days, following doctors’ recommendation to reimpose the lockdown as a spike in infections overwhelmed the health care system.
"This will unlikely to stop the selloff by investors, ” says Manny Cruz, strategist at Papa Securities Corp."There is perception a localized lockdown will not work anymore and a more stringent quarantine is needed since the infection is no longer in cluster but community wide. This could derail the expected third-quarter recovery.”
Local virus cases rose again by a daily record to 103,185 on Sunday, the second-highest in Southeast Asia. A total of 2,059 have died from the outbreak.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: