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Philippines’ coronavirus missteps could make it Asia’s economic ‘laggard’ as recovery seen among region’s slowest

Snaking queues at Manila food banks have become a common sight as the economy continues struggling a year after the Philippines’ first coronavirus lockdown. It is a sharp contrast to 2018, when hundreds lined up for the grand opening of Uniqlo Co.’s Global Flagship Store in Manila, its largest outlet in Southeast Asia.Over the last decade the Philippines had managed to throw off its mantle as the “sick man” of Asia, with its 109-million strong population driving a consumption-led economy. An…

Read the original article at South China Morning Post

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