Gov’t vows to address economic woes amid weakening peso

MANILA, Philippines — Malacañang on Thursday said the government will continue working to boost the country’s economy after the Philippine peso hit a new record low of P62.565 against the dollar. The currency weakened 16.5 centavos and closed at P62.565according to data from the Bankers Association of the Philippines.  READ: Peso falls to new record low