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FACTORY ACTIVITY continued to improve in November, though by the smallest increment in five months as output and new orders bared weaker increases and employment “failed to improve,” IHS Markit reported on Monday.
THE COUNTRY’s economic growth in the July-September period beat market expectations as it rebounded from the first and second quarters and from a year...
THE WORLD BANK has slashed its gross domestic product (GDP) growth forecasts for the Philippines this year up to 2021 to below the government’s...
THE Philippines regressed in three of six categories in the World Governance Indicators, with “Government Effectiveness” the standout area of improvement, a performance which...
BUSINESS CONDITIONS for manufacturers in the country improved by the slowest clip in three months in September, as a cautious outlook as well as slower employment and purchasing growth capped the lift from “a solid rise” in new orders, according to the latest Philippine survey conducted by IHS Markit, which released results on Tuesday.
BUSINESS CONDITIONS for factories in the Philippines improved “at a moderate rate” in August, with firms raising production “only modestly as new order growth fell from July levels,” according to results of a monthly survey IHS Markit conducts for Nikkei, Inc. that were released on Monday.
BUSINESSES were on the whole more confident of prospects this quarter compared to the preceding three months as they expected improved demand — marking the second straight quarter of improvement — but households turned slightly more pessimistic in the same comparative periods in the face of rising prices, according to results of the central bank’s latest surveys on these two segments that were released to media on Tuesday.
INFLATION for low-income families accelerated in May after six straight months of slowing down, the Philippine Statistics Authority (PSA) reported on Monday.