The post just made a travel to the north.. Despite stringent travel restrictions and requirements, he was able to patiently get these. But looking at the indicators around, the road may be tight ahead. After registering 9.5% decline in the economy, the recovery will be hard:
1. No provincial buses were seen; they were all confined in the garages. H
1. How many drivers, conductors inpspectors and other bus company employees lost their
jobs
2. How did this affect the movement of goods and people?
3. How many vendors and other people making money out of bus travel lost their revenues:
restos, bus vendors, gasoline stations
2. How about the express way operators: NLEX, SCTEX, TIPLEX?
3. In general, the economic activity look tepid. Couple that with the floods and other calamities
All ready we see declaration of bankruptcy a Philippine flag carrier
We see many companies closing their doors forever to business. Millions are out of job
