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...