PH metal firms seen reeling from China factory shutdowns

Published by rudy Date posted on February 15, 2020

By: Ben O. de Vera, INQPhilippine Daily Inquirer, 15 Feb 2020

Among domestic industries, manufacturers of fabricated metals would be most badly hit by supply chain disruptions being caused by a shutdown among Chinese factories due to the COVID-19 outbreak, London-based Capital Economics said.

“Factory shutdowns in China are starting to have significant knock-on effects on the rest of the region as companies struggle to source intermediate goods. The garment and electronics sectors are likely to experience the worst of the disruption, while Vietnam and Malaysia are set to be the hardest-hit countries,” Capital Economics senior Asia economist Gareth Leather said in a Feb. 13 report titled “How big will the disruption be to Asian supply chains?”

“Following extended shutdowns over the Chinese New Year, factories across China were due to reopen this week. But with some companies being ordered to remain shut for at least another week and factories reportedly struggling to find enough workers, the disruption to China’s industrial sector is likely to drag on,” Capital Economics added.

20 February –
WORLD DAY OF SOCIAL JUSTICE

“Every day, give everyone their due.
Every day should be Social Justice Day!

The only way”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

 
February Observances

1-7 Feb: World Interfaith Harmony Week
01 Feb: World Wetlands Day
02 Feb: International Day of Human Fraternity
04 Feb: International Day of Zero Tolerance
   for Female Genital Mutilation
11 Feb: International Day of Women and Girls
   in Science
20 Feb: World Day of Social Justice

Monthly Observances:
National Health Insurance Month
Weekly Observances:
Week 1: National Awareness Week
for the 
Prevention of Child Sexual Abuse
   and Exploitation 
Week 3: Public Administration Week
Daily Observances:
Feb 1 Constitution Day

 

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