IKOT.PH
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. […]
The government is ready to weather the economic impact of the COVID-19 outbreak and is now exploring measures to mitigate the impact of the disease on trade, tourism, and employment, Cabinet Secretary Karlo Nograles has assured. Nograles on Thursday said: “At this point government is studying all options as part of contingency measures to reduce […]