Manila—The country’s manufacturing Purchasing Managers Index (PMI) jumped to 54.3 in April 2022 as compared to the March 2022 data at 53.2, making it the highest reading since November 2017 or posing a 53-month high. The Department of Trade and Industry (DTI) said this significant growth can be attributed to the consistent expansion of the continue reading : PH Manufacturing PMI at 54.3, highest in over 4 years
Makati—Department of Trade and Industry (DTI) Secretary Ramon M. Lopez attributed the growth in the country’s manufacturing output to the continued easing of economic restrictions amid the challenges of the COVID-19 pandemic. The latest report published by global provider IHS Markit noted that the country’s purchasing manager’s index (PMI) jumped to a high of 52.8 continue reading : 38-month high manufacturing index due to earlier reopening of economy – DTI chief
SRML’s Presentation on Investment Opportunities in the Philippines Distinguished members of the Japanese business community, Officers and Leaders of the SMBC Nikko Securities, my fellow officials in the Philippine government, konnichiwa! I am pleased to take part in this Virtual Roadshow to present a brief update on the Philippine economic situation and investment opportunities for continue reading : Keynote Speech of Trade Secretary Ramon M. Lopez, Sumitomo Mitsui Banking Corporation (SMBC) Nikko Securities, Inc. Virtual Roadshow
Department of Trade and Industry (DTI) – Philippine Board of Investments (BOI) reported that the calibrated reopening of the economy has been resulting in improvement in the unemployment rate reported by National Economic and Development Authority (NEDA) at 7.7% in May 2021, from 8.7% in April 2021; and the manufacturing index which climbed to 50.8 continue reading : Purchasing Managers’ Index breaches 50-point mark, DTI-BOI sees strong second quarter recovery
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 continue reading : PH sustains factory output in February, eyes strong rebound in coming months
MANILA—The Philippine Manufacturing Purchasing Managers’ Index (PMI) increased from 49.2 last month to 52.5 in January, 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 the recovery of the sector. Manufacturing continue reading : PH Manufacturing expands in January, records highest PMI in 25 months