The Philippine manufacturing sector last month recorded the strongest expansion in seven-months despite substantial production delays due to raw material shortages and poor transportation conditions, according to the latest IHS Markit data. The IHS Markit reported on Tuesday, Nov. 2, that the...
The foreign vaccine developers that will be assisting local pharmaceutical companies in setting up a “fill and finish” facility for coronavirus disease (COVID-19) vaccines may be known soon, the Department of Science and Technology (DOST) said Saturday, Oct. 23. (UNSPLASH/MANILA BULLETIN FILE)...
The local manufacturing sector improved for five consecutive months last August on strong production in sugary beverage and refined petroleum products, the Philippine Statistics Authority (PSA) reported. August 2021 Monthly Integrated Survey of Selected Industries In its Monthly Integrated Survey...
After a tough trading period in August, the local manufacturing sector concluded the third-quarter with a renewed overall expansion, the latest monthly survey of IHS Markit revealed on Friday, Oct. 1. The IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI) rose sharply from 46.4...
The country’s manufacturing sector has undergone significant changes in the past few years. Amid the ever-changing digital world, manufacturing organizations leaned on automation to enable innovation, faster go-to-market, and profitability. In 2020, the onset of the COVID-19 pandemic accelerated...
More than 400,000 workers from the construction and manufacturing industries will be inoculated starting Wednesday, Sept. 8, during the launching of the Department of Labor and Employment's (DOLE) special vaccination program in Manila. A Manila resident receives a coronavirus vaccine at the...
Local factory output slid to a 15-month low in August following the reimposition of the strictest community quarantine, the latest monthly survey conducted by IHS Markit revealed. Philippines Manufacturing PMI The IHS Markit Philippines Manufacturing PMI fell sharply from 50.4 in July to 46.4 las...
The Department of Science and Technology-Philippine Textile Research Institute (DOST-PTRI) has signed a memorandum of agreement with Villa Socorro Farm (VSF) in Pagsanjan, Laguna for the processing of saba trunks into textile material. (MANILA BULLETIN FILE PHOTO) DOST Secretary Fortunato “Boy”...
The National Economic and Development Authority (NEDA) said the ability of the Philippines to move up to high-income country status hinges on the long-term development of the agriculture and manufacturing sectors. NEDA Sec. Karl Kendrick Chua In a recent speech at the Department of Trade and...
The national government is making significant developments in enabling the country to manufacture its own vaccines against the coronavirus disease (COVID-19) and it may be realized as soon as 2022. Retired Major Gen. Restituto Padilla Jr., spokesperson of the National Task Force (NTF) Against...
Seven micro, small and medium enterprises in Caraga have been recognized as “best implementers” of the Department of Science and Technology’s (DOST) Manufacturing Productivity Extension Program (MPEX). (DOST Agusan del Sur/ DOST-Caraga Facebook page) This was announced by DOST Secretary...
Local manufacturers registered a slight expansion in operating conditions in July as the prolonged coronavirus pandemic continued to drag down domestic demand and production levels, the latest IHS Markit survey showed. IHS Markit Philippines Manufacturing Purchasing Managers’ Index settled at...
