Two more local firms added to the country’s list of potential local vaccine manufacturers, the Department of Science and Technology (DOST) has disclosed. (Photo by MARIO TAMA / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) DOST Undersecretary for Research and Development Rowena Cristina L....
Members of the House Committee on Trade and Commerce on Monday called for additional funding support to local companies producing personal protective equipment (PPEs) to enable the industry to meet the country’s needs for protective health gears in the face of a continuing coronavirus (COVID-19)...
The House Committee on Trade and Industry on Monday, May 24 approved the draft bill on the proposed law that seeks to strengthen the competitiveness of the Philippine motor vehicle manufacturing industry. The panel particularly approved the draft bill on House Bill No. 1833 or the proposed...
Filipino-owned United Laboratories (Unilab), the leading pharmaceutical company in Southeast Asia, has been confirmed to do local vaccine manufacturing in the country starting with the COVID-19 with plans to also export to other ASEAN countries, according to Trade and Industry Secretary Ramon M....
The Philippine manufacturing activity registered a modest expansion in March due to a marginal rise in production volumes, the latest monthly survey of IHS Markit revealed on Monday, April 5. The IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI) was...
Trade and Industry Secretary Ramon Lopez said the latest manufacturing index bodes well for the economy as he cited efforts in the cold chain and copper industries development as crucial pillars that will strengthen the country’s supply value chain. The Philippine Manufacturing Purchasing...
Just a few days ago, the Department of Trade and Industry announced the imposition of a safeguard duty or tariff on imported cars in response to a petition made by the Philippine Metalworkers Alliance (PMA). The provisional safeguard duty will be in the form of a cash bond amounting to P70,000/unit...
Amid the popularity of the Philippines neighboring countries to foreign investors, Trade and Industry Secretary Ramon M. Lopez has called on American investors to take a closer look at its most loyal ally in southeast Asia and make the Philippines their natural investment destination. Lopez made...
A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
Electricity demand ‘tame’ in 2 months The manufacturing sector failed on its rebound momentum, hence, the country’s electricity demand had been ‘tame’ in the past two months, according to the operator of the Wholesale Electricity Spot Market. Isidro E. Cacho Jr., chief corporate strategy...
The Philippines’ manufacturing activity contracted anew in October as operating conditions across manufacturing companies worsened as the economic fallout from the coronavirus disease (COVID-19) pandemic persisted. After breaching the 50-neutral mark for the first time in seven...
The local manufacturing sector registered a seven-month high in September this year amid easing community quarantine restrictions in the country, the latest monthly survey of IHS Markit revealed. The Philippines Purchasing Managers' Index (PMI) increased to 50.1 last month, its highest reading...
