Billionaire Who Writes Off 2020 Says Worst of Virus Yet to Come

Enrique Razon, chairman at International Container Terminal Services, discusses the impact of the coronavirus on his businesses.(Source: Bloomberg)

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By Claire Jiao and Cecilia Yap

April 7, 2020 at 8:26 AM UTC

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Philippine billionaire Enrique Razon said he has written off 2020 as the coronavirus pandemic slams major economies. What concerns him more? The world hasn’t yet seen the worst of the virus.