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Philippines
Wednesday, July 3, 2024

Economy & Trade

Factory gauge fell to 3-month low in June, — S&P Global

A gauge of manufacturing growth in the Philippines fell to a three-month low in June 2024 on weak demand, according to a survey by S&P Global. The headline S&P Global Philippines Manufacturing Index (PMI)—a composite single-figure indicator of manufacturing performance—decelerated to 51.3 in June from 51.9 in May. “While the latest reading signaled a softer rate of growth, it nonetheless marked a tenth consecutive monthly improvement in the health of the...

PEZA grants incentives for Japan firm’s microcatheters production

The Philippine Economic Zone Authority (PEZA) said Monday it approved the registration...

DTI, SM Prime to boost MSMEs’ disaster resilience

The Department of Trade and Industry (DTI) and SM Prime Holdings Inc....

World Bank approves $1.25 billion in fresh loans for the Philippines

The World Bank's board of directors approved $1.25 billion in fresh loans...

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The National Economic and Development Authority said Monday it is now nearing the completion of the Philippine Development Plan 2023-2028 and will submit it...

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