Philippine manufacturers are already feeling the heat from global trade uncertainties, with factory output taking a hit at the start of the second half of the year, according to Moody’s Analytics. “With stiffer United States (US) tariffs on the horizon, Philippine industrial production fell for...
The country’s manufacturing sector expanded at a faster pace in May this year, with 13 out of 22 industry divisions reporting positive annual growth, the Philippine Statistics Authority (PSA) reported. Based on the PSA’s Monthly Integrated Survey of Selected Industries, the volume of production...
Three employees of a firearms and ammunition manufacturing company were hospitalized after an explosion occurred inside its factory in Barangay Fortune, Marikina City on Monday, July 7. According to the Marikina City Police, the explosion happened at around 2:43 p.m. One of the worker reportedly...
A 28-year-old factory employee from Mandaluyong City has made history by winning a staggering P935 million through BingoPlus’ online gaming platform — the biggest jackpot ever recorded in the Philippines. In a statement, BingoPlus said the life-changing prize was won via the app’s “Lucky...
The total factory output of domestic manufacturers reverted to growth in April despite a slower annual increase in food production. The Philippine Statistics Authority 's (PSA) monthly integrated survey of selected industries (MISSI) report for April 2025, released on Friday, June 6, showed...
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...