ATHENS, Greece—Several Filipinos became the first Asians to tour the Philip Morris International’s (PMI) Papastratos Terea factory this year in Greece, which exports its heated tobacco products to more than 40 markets worldwide, Papastratos communications manager Katerina Chatzopoulou said....
The latest fashion statement from Japanese clothing brand Uniqlo could soon be manufactured in the Philippines, according to the Department of Trade and Industry (DTI). DTI Secretary Cristina Roque presented the country’s potential to host a factory of the popular brand in a meeting with...
Philippine manufacturing output grew at a slower pace last year, hampered by several production declines, according to the Philippine Statistics Authority (PSA). While the manufacturing sector saw growth in the second and third quarters of 2024, significant contractions in March (-4.9 percent),...
Philippine manufacturing output fell in November last year, dragged down by declines in food production, transport equipment, and electronics. The Philippine Statistics Authority (PSA) reported that the Volume of Production Index (VoPI) for the manufacturing sector decreased by 4.2 percent...
The country’s manufacturing sector continued its robust expansion in September, posting the strongest growth in two years despite headwinds such as weakening international demand and supply chain disruptions. According to S&P Global, this growth was mainly driven by a significant increase in...
President Marcos has inaugurated the Philippines' first manufacturing plant for lithium-iron-phosphate batteries, which, he said, sets the stage for the country to become a key player in clean energy storage in Southeast Asia. President Ferdinand 'Bongbong' Marcos Jr. leads the ceremonial switch-on...
The Philippine Statistics Authority (PSA) reported a substantial increase in factory production in July, driven by gains in electronics, transportation, and food sectors. Preliminary results from the PSA’s Monthly Integrated Survey of Selected Industries (MISSI) revealed that the Volume of...
The Philippine Statistics Authority (PSA) reported on Friday, Aug. 30, that factory gate prices declined at a much faster pace in July this year. The PSA said in a report that growth in the producer price index (PPI) for manufacturing declined by 0.4 percent in July from a 0.2 percent decrease...
Factory gate prices posted an annual decrease of 0.1 percent in June this year, the Philippine Statistics Authority (PSA) reported Tuesday, July 30. This was a reversal of the 0.5 percent growth in the producer price index (PPI) recorded in the same month a year earlier and a slightly faster...
CABUYAO CITY, Laguna – Four persons died in a fireworks factory explosion in Barangay Bigaa here on Thursday afternoon, February 1. Fatalities were identified as Marvin Lamela Ocom, 27; Bebot Reymundodia, 44; Ricardo Olic-Olic, 51, and John Ronald Gonzales Deduro, 23. Initial investigation...
The growth of the country's manufacturing output picked up speed in November last year, driven by improved production of beverages, transport equipment, and chemical products, the Philippine Statistics Authority (PSA) said. The volume of production index (VoPI) increased by 1.9 percent in November,...
As the year came to an end, the local manufacturing sector reported even slower growth in December, primarily due to a notable decrease in the rate of new order placements. In December 2023, the S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) increased to 51.5, marking a...
