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Biden signs ‘Buy American’ order, pledges to renew US manufacturing

WASHINGTON —  President Joseph R. Biden, Jr., vowed on Monday to leverage the purchasing power of the US government, the world’s biggest single buyer of goods and services, to strengthen domestic manufacturing and create markets for new technologies.

Missing chips snarl car production at factories worldwide

More than a year after its outbreak, the coronavirus keeps finding new ways to hit carmakers.

Supply chain diversification, technology seen key to manufacturing survival

MANUFACTURING FIRMS will need to diversify supply chains and leverage technology to survive and thrive during and after the pandemic, according to a supplier of industrial components and tools.

Factory output further shrinks in December

FACTORY ACTIVITY in the Philippines further deteriorated in December, falling behind Southeast Asian peers that all saw an improvement, as ongoing lockdown restrictions and bad weather  dampened production, IHS Markit said on Monday.

Factory activity nears stabilization

FACTORY ACTIVITY in the Philippines inched closer to stabilization in November, after output rose for the first time in five months and the rate of job losses slowed, a survey conducted by IHS Markit showed.

October manufacturing index falls

PHILIPPINE MANUFACTURING data worsened in October as demand remained weak and job cuts persisted amid a coronavirus pandemic, according to a survey by British information provider IHS Markit Ltd.

Human capital development key to attracting US manufacturers

HUMAN CAPITAL development is a key factor for the Philippines to attract manufacturing firms that are planning to leave China, American trade and manufacturing experts said.

Manufacturing output slides for 6th straight month in Aug.

THE COUNTRY’S factory output contracted for the sixth straight month, albeit at a slower pace in August, the Philippine Statistics Authority (PSA) said on Tuesday.

PHL factory activity expands in Sept.

PHILIPPINE factory activity expanded for the first time in seven months in September as a looser lockdown helped prop up consumer spending, according to a survey by IHS Markit.

Factory activity drops to 3-month low

THE Philippine capital’s return to a stricter lockdown in the first two weeks of August dampened manufacturing activity, which fell to a three-month low,...

Factory output declines for fourth straight month

FACTORY OUTPUT extended its losing streak for a fourth month in June, the Philippine Statistics Authority (PSA) reported on Wednesday.

Philippine factory activity falls for 5th straight month

FACTORY ACTIVITY dropped for a fifth straight month in July, as manufacturing firms reported weaker production and demand despite relaxed lockdown restrictions.

Manufacturing seen as key to economic revival

THE Trade department said it will focus its economic recovery efforts on increasing manufacturing capacity in the Philippines in order to reduce import dependence.

Manufacturing contraction eases

FACTORY ACTIVITY fell for a fourth straight month in June, although the pace of contraction eased significantly as manufacturers were able to boost output for the first time since February, according to a survey by IHS Markit.

Factory activity slide eases in May

FACTORY activity remained in contraction for a third straight month in May, but at slower pace than April’s crash, as the lockdown continued to disrupt manufacturing firms’ operations.

Embracing innovation and helping others

MPCTI President and CEO Derrick Ang Tan shares his secrets to success By Bjorn Biel M. Beltran, Special Features Writer Since he was young, Derrick Ang Tan...

Factory output continues to decline

FACTORY OUTPUT posted its sixth consecutive month of decline in May albeit at a slower pace, the Philippine Statistics Authority (PSA) reported on Friday.

Philippine factory business improvement weakest in six months

PHILIPPINE MANUFACTURERS in February registered their weakest improvement in operating conditions in six months after the softest rise in new orders in seven, according the latest survey compiled by IHS Markit for Nikkei, Inc.

August factory output growth slows

MANUFACTURING output continued to expand in August albeit at a slower pace compared to a month earlier, the Philippine Statistics Authority (PSA) reported last Friday.

July sees sustained double-digit growth pace for manufacturing — state data

THE COUNTRY’s manufacturing activity sustained its double-digit growth pace for the seventh straight month in July, the government reported on Wednesday.

From the Front Page: Business picks up for factories in August

PMI rises following second quarter slowdown.

Factory output growth accelerates in July

The country's manufacturing activity sustained its double-digit growth pace for the seventh straight month in July, the government reported this morning. Preliminary results from the...

Business picks up for factories in August

MANUFACTURING ACTIVITY in the Philippines saw “a modest improvement” in August as new business inflows and optimism picked up and more jobs were generated, even as production growth slowed and input costs and prices rose “at marked rates,” according to a survey conducted by IHS Markit for Nikkei, Inc..

Trade war fears hit European factories as global optimism wanes

Euro-area manufacturers saw order growth slow to the weakest pace in two years after renewed concerns over trade prospects hit confidence. Purchasing Managers’ Indexes from...

Toyota to target tripling China production over next decade

Toyota Motor Corp. is aiming to triple car production in China by as soon as 2030 in a renewed push to make up lost...

Factory output growth slows in June

The country's manufacturing activity sustained its double-digit growth pace for the sixth straight month in June, the government reported this afternoon. Preliminary results from the...

Philippines’ July manufacturing growth slowest in five months

Manufacturing activity in the Philippines decelerated further in July, reaching the lowest reading in five months, as demand softens, according to an IHS Markit...

DTI cites PHL ‘economic breakout’ to lure Japan’s manufacturers

The Department of Trade and Industry is encouraging Japan's manufacturers to invest in the Philippines, citing the country's growth in the sector. “The Philippines is...

Some US manufacturers feeling trade war pinch: survey

Washington -- Some US manufacturers are delaying investments and raising prices as President Donald Trump escalates trade wars with key US economic partners but...

Taiwanese electronics firm eyes Philippines as manufacturing hub

Taiwan-based firm New Kinpo Group (NKG) is positioning the Philippines as its next main manufacturing hub in Southeast Asia, while preparing its local unit...

Factory output growth slows in May

Factory production expanded in May, the Philippine Statistics Authority (PSA) reported this morning. Preliminary results of the PSA’s Monthly Integrated Survey of Selected Industries (MISSI)...

Philippines’ factory activity slows in June

THE SECOND QUARTER closed with softer manufacturing activity as higher input costs continue to mount, but was a "solid improvement" from the previous three...

The biggest employers in the manufacturing industry

By Jochebed B. Gonzales, Senior Researcher Manufacturing makes up more than a fifth of the Philippine economy. In 2015, manufacturing establishments in the formal economy generated...

Where do we find the most number of unpaid laborers in...

By Jochebed B. Gonzales, Senior Researcher Unpaid workers are workers who do not receive regular pay, which is either the working owners themselves or the...

Electronics industry expects to hit $50-B export level by 2030

THE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said its industry road map sets a 6% annual export growth target which will help it achieve its $50 billion target for export sales by 2030.

Electronics firms brace for higher tax cost

ELECTRONICS companies in the country -- a key driver of merchandise exports -- are bracing for bigger costs once planned changes to current fiscal incentives are implemented.

SEIPI sees production cost rising by 40% because of TRAIN 2

The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said the proposed terms under the tax reform's second package may hike the...

Factory output expansion fastest in eight years

Factory production expanded in April to its fastest pace in eight years, the Philippine Statistics Authority (PSA) reported this morning. Preliminary results of the PSA's...

PHL helps spur ASEAN factory activity

THE PHILIPPINES stayed second in terms of manufacturing performance in the Association of Southeast Asian Nations (ASEAN) in May, despite logging its best Purchasing Managers’ Index (PMI) reading so far for the year.

Factory activity best in five months

PHILIPPINE manufacturing activity saw “solid improvement” in May, picking up for the third straight month on growing demand despite “intensified” cost pressures passed on to customers via higher prices, according to the latest monthly tracking IHS Market conducted for Nikkei, Inc.

PHL factory growth picks up pace in May — Nikkei

By Elijah Joseph C. Tubayan, Reporter PHILIPPINE manufacturing activity saw a "solid improvement" last month to record its highest level so far this year, as demand...

Factory output growth decelerates in March

FACTORY PRODUCTION continued to expand in March albeit at a decelerated pace, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary results of the PSA's...

Factory output growth slows in March

Industrial production grew 13.6% in March, the Philippine Statistics Authority (PSA) reported this morning. Preliminary results from the PSA’s Monthly Integrated Survey of Selected Industries...

Philippines’ PMI improves in April

Philippines’ manufacturing activity improved in April as output and new orders picked up the pace on both the local and foreign fronts even as...

China to remove foreign limits on makers of ships and aircraft

China will remove foreign-ownership limits for ship and aircraft manufacturing among key industries it’s liberalizing this year. The nation will abolish foreign limits for the...