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...
CAGAYAN DE ORO CITY – Four individuals – two men and two women – sustained second- and third-degree burns in an alleged explosion in a fireworks factory in Balangay 9, Barangay Poblacion, Quezon, Bukidnon, on Friday, December 29. THE Quezon Municipal Police Station and the Bureau of Fire...
Factory gate prices posted an annual decrease of 0.3 percent in October this year, the Philippine Statistics Authority (PSA) reported Wednesday, Nov. 29. This was a reversal of the 7.3 percent of the producer price index (PPI) growth recorded in the same month a year earlier and slightly faster...
The production rate of goods in the country's factories posted a significant increase in September after several industries reported more output, the Philippines Statistics Authority (PSA) said. Based on the preliminary findings of the Monthly Integrated Survey of Selected Industries (MISSI) by the...
The country’s production rate of goods posted a faster growth in August due to the production of petroleum products, the Philippine Statistics Authority (PSA) reported. In its Monthly Integrated Survey of Selected Industries (MISSI), the PSA said the country's volume of production index (VoPI)...
The Philippine Statistics Authority (PSA) reported a substantial rise in the production rate of goods in the country's factories in July propelled by a significant increase in beverage output. Preliminary results of the PSA’s Monthly Integrated Survey of Selected Industries (MISSI) showed the...
Japan has built a mulberry tea factory in Pampanga to help farmers who suffer from unstable income due to natural disasters and other agricultural problems. Mulberry Tea Factory (Photo courtesy of Japan Embassy in the Philippines) A mulberry tea factory was inaugurated last week by the Embassy of...
BACOLOD CITY – A piaya factory will soon rise and boost the tourism and economic development of this city. MARIA Lomer Villan (seven from left), co-founder and general manager of BongBong's Piaya and Barquillos, leads the groundbreaking of the new piaya factory in Barangay Alijis, Bacolod City on...
