Sun Life sees U-shaped economic recovery for PH

May 30, 2020 12:55 am

The gradual resumption of economic activities here and overseas could support a U-shaped gross domestic product (GDP) recovery for the Philippines, according a Sun Life Philippines analyst.

In a virtual market outlook briefing on Thursday, Sun Life Philippines Chief Investments Officer Michael Enriquez said the country’s economy could shrink by 2 to 2.5 percent this year.

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