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Bacolod City witnessed a momentous event as the Bacolod E-jeepney Launching Ceremony and Contract Signing took place at the BCGC Main lobby. Mayor Albee Benitez, alongside Congressman Stephen “Caraps” Paduano, Councilors Thaddy Sayson, Al Espino, Celia Flor, Em Ang, Simple Distrito, Jason Villarosa and Vladi Gonzalez, traditional and modernized jeepney operators, CENECO GM Atty. Arnel Lapore, […]
Senate President Migz Zubiri attended the signing of a lease agreement between Envirotech Vehicles, Inc. (EVT) and real estate developer Berthaphil, Inc., to cement EVT’s move to establish a manufacturing facility at the Clark Freeport Zone. EVT is a United States-based transportation industry provider, specializing in all-electric vehicles for commercial and industrial use. Headed by […]
Fresh off a 25-month high in January, the Philippine manufacturing sector output remained steady in February, according to a survey conducted by IHS Markit. The Purchasing Manager’s Index (PMI) for the country sustained its figure at 52.5, still above the benchmark of 50 that distinguishes expansion from contraction. IHS Markit said operations inched up […]
The Philippine Manufacturing Purchasing Managers’ Index (PMI) increased from 49.2 in December 2020 to 52.5 in January 2021, posting above the 50.0 neutral mark separating expansion from contraction. January PMI data is the highest in 25 months, even prior to the pandemic, signaling improving manufacturing conditions and indicating the start of recovery of the sector. […]
Manufacturing facilities allowed to operate during the enhanced community quarantine in Luzon are encouraged to shut down their factories to further limit the movement of people. In a press briefing in Malacañang Palace recently, Trade Secretary Ramon Lopez appealed to factories with one to two months inventory in their warehouses to stop their operations during […]