(Eagle News) — The Philippines’ Gross Domestic Product shrank by 4.2 percent in the first quarter of 2021. According to the Philippine Statistics Authority, this is less compared to the 8.3 percent shrinking of the Philippine GDP in the fourth quarter. The PSA said the contributors to the decline were the following industries: Construction: -24.2 percent Other Services: -38.0 percent Real Estate and Ownership of Dwellings: -13.2 percent The following industries, on the other hand, […]