DoF, analysts upbeat on Biden presidency

The Department of Finance (DoF) and local economists are optimistic that the leadership change in the United States on Wednesday (Washington time) would have a positive impact on the Philippine economy, especially on trade and remittances.

President Joe Biden speaks during the 59th Presidential Inauguration at the U.S. Capitol in Washington, Wednesday, Jan. 20, 2021.(AP Photo/Patrick Semansky, Pool)