Cordillera, Davao economies contract by up to 9.9% in 2020

Cordillera, Davao economies contract by up to 9.9% in 2020

The economies of the Cordillera and Davao regions contracted from 7.6 percent to close to 10 percent in 2020 as lockdown and quarantine restrictions due to the coronavirus pandemic led to the closure of accommodation facilities, manufacturing companies, food businesses and transportation services, officials said.