Manufacturing

Commentary: Attractive incentives are leading firms to move factories out of China

Published by rudy Date posted on October 14, 2021

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Low base prompts 3-digit rise in factory output

Published by rudy Date posted on July 9, 2021

by Louise Maureen Simeon (The Philippine Star), 9 Jul 2021 MANILA, Philippines — The country’s manufacturing output posted a massive rebound in May largely due to low base effects, supported by the easing of quarantine restrictions which saw most industry groups recording significant gains.

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As production shifts from China to Asean, Asia’s supply chains remain stronger than ever

Published by rudy Date posted on June 7, 2021

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Factories add gloom to Q1 economy with worst slump in 9 months

Published by rudy Date posted on May 7, 2021

By Prinz Magtulis(Philstar.com), 7 May 2021 Overall, the volume of production index— a gauge of manufacturing output— slumped 73.4% year-on-year in March, its worst performance in 9 months, the government statisticians reported on Friday. MANILA, Philippines — Factories continued to pull back from producing goods in March, with their declining trend turning for the worst,…

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Japanese firm setting up wiring harness plant in Batangas

Published by rudy Date posted on April 30, 2021

by Louella Desiderio (The Philippine Star), 30 Apr 2021 MANILA, Philippines — Japanese firm Leading Co. Ltd. plans to invest in wiring harness manufacturing operations in the Philippines, the Department of Trade and Industry (DTI) said.

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Cautious factories slow decline in output to close 2020

Published by rudy Date posted on February 5, 2021

by Ian Nicolas Cigaral (Philstar.com), 5 Feb 2021 MANILA, Philippines — Local factories ended last year with a more tempered slump in output, as a seasonal uptick in demand during the holidays provided the impetus to manufacturers to pick up the slack in December.

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Nissan shuts down local plant, third to do so in 3 years

Published by rudy Date posted on January 21, 2021

by Ian Nicolas Cigaral (Philstar.com), 21 Jan 2021 MANILA, Philippines — Nissan Motor Philippines became the third car manufacturer in 3 years to halt assembly in the Philippines, highlighting the struggles of the broader automobile industry that government has been trying to revive for years.

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15 industries drag down PH’s recovering factory output

Published by rudy Date posted on December 5, 2020

by Ben O. de Vera, Philippine Daily Inquirer, 5 Dec 2020 The country’s factory output volumes and their values further contracted in October as 15 industries posted lower year-on-year production, the Philippine Statistics Authority (PSA) reported on Friday.

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Factory output falls for 7th straight month

Published by rudy Date posted on November 9, 2020

by Lourdes O. Pilar, BusinessWorld, 9 Nov 2020 THE COUNTRY’S factory output contracted for the seventh straight month in September, the Philippine Statistics Authority (PSA) reported on Thursday.

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Philippines factory activity among worst worldwide

Published by rudy Date posted on November 3, 2020

by Czeriza Valencia (The Philippine Star), 3 Nov 2020 MANILA, Philippines — The downturn in output of the Philippine manufacturing sector was among the steepest in the world in the first nine months of the year, according to IHS Markit.

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Japan firm picks PH as site for wiring harness manufacturing venture

Published by rudy Date posted on October 24, 2020

by Roy Stephen C. Canivel, Philippine Daily Inquirer, 24 Oct 2020 A Japanese company is investing P230 million in the Philippines for an automotive wiring harness and components manufacturing facility, the Board of Investments (BOI) said.

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COVID-19 impact: Production in factories down in March

Published by rudy Date posted on May 5, 2020

by Ben O. de Vera, Philippine Daily Inquirer, 5 May 2020 Factory production declined in March as supposedly nonessential manufacturing ground to a halt at the start of a lockdown meant to stop transmission of SARS Cov2, the virus that causes the disease COVID-19.

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Virus could wipe off $300-M trade of China-dependent PH factories

Published by rudy Date posted on March 6, 2020

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, 6 Mar 2020 With local factories still dependent on the input of coronavirus-hit China, a United Nations body dealing with trade issues sees Philippine exports cut by about $300 million this year.

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50% Locally sourced inputs to be required of manufacturers

Published by rudy Date posted on February 26, 2020

By Elijah Felice Rosales, Business mirror, 26 Feb 2020 THE country’s trade chief is eyeing to craft a policy that requires all manufacturers to localize at least 50 percent of their products to support the purchase from domestic suppliers.

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Honda Cars PH closure shocks workers

Published by rudy Date posted on February 24, 2020

By: Maricar Cinco, Roy Stephen C. Canivel, Philippine Daily Inquirer, 24 Feb 2020 More than a hundred workers of Honda Cars Philippines Inc. (HCPI) were holed up on Sunday inside the car factory in Santa Rosa City, Laguna province, shocked at the announcement that the Japanese company’s 28-year-old production plant in the country would close…

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Honda Cars closure ‘abrupt,’ workers demand dialogue

Published by rudy Date posted on February 23, 2020

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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.

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The new coronavirus could have a lasting impact on global supply chains

Published by rudy Date posted on February 15, 2020

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PSA: Philippines’ manufacturing falls for 13th straight month

Published by rudy Date posted on February 5, 2020

by RSJ, GMA News, 5 Feb 2020 Philippine manufacturing fell for the 13th straight month in December, data released by the Philippine Statistics Authority (PSA) on Wednesday showed.

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ADB: Manufacturing no longer ‘silver bullet’

Published by rudy Date posted on January 20, 2020

By Cai Ordinario, Businessmirror, 20 Jan 2020 A ROBUST manufacturing sector is no longer the “silver bullet” that developing countries can use to escape the middle-income trap, according to experts from the Asian Development Bank (ADB).

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NEDA calls for industrial policy propelled by innovation

Published by rudy Date posted on January 7, 2020

January 7, 2020 An industrial policy propelled by innovation is needed to drive the country’s manufacturing growth amid the bleak near-term outlook of the sector, the National Economic and Development Authority (NEDA) said.

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Marikina shoemakers: ‘Still here, still fighting’

Published by rudy Date posted on December 25, 2019

A once-flourishing industry mounts a comeback with focus on quality rather than price By: Matthew Reysio-Cruz, Philippine Daily Inquirer, 25 Dec 2019 LIFETIME COMMITMENT For Neil Nepomuceno, a second generation shoemaker, Marikina shoes are here to stay. MANILA, Philippines — The story of shoemaker Neil Nepomuceno’s family is, in a way, the story of a…

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DTI program to give manufacturers extra push

Published by rudy Date posted on December 14, 2019

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, 14 Dec 2019 The Department of Trade and Industry (DTI) will spend up to P30 billion to help innovative manufacturers in the remaining years of the Duterte administration.

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Defining the new DNA of industrial digital organisations: the CEO’s agenda

Published by rudy Date posted on December 9, 2019

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Space manufacturing may soon remake the planet below

Published by rudy Date posted on October 24, 2019

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More manufacturers relocating to Thailand from China, Hong Kong

Published by rudy Date posted on October 21, 2019

by The Nation/Asia News Network, 21 Oct 2019 BANGKOK — An increasing number of manufacturers are moving their production bases from China and Hong Kong to Thailand due to the US-China trade war, the Board of Investment (BOI) has said.

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The world’s next factory won’t be in South Asia

Published by rudy Date posted on October 6, 2019

The region is losing out to Africa and elsewhere in the race to attract manufacturing investment. By Irene Yuan Sun, 6 Oct 2019 Vietnam seems to be the consensus pick for winner of the U.S.-China trade war, as Chinese and other manufacturers shift production to the cheaper Southeast Asian nation. If there’s a loser, at…

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The future of manufacturing

Published by rudy Date posted on May 24, 2019

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Manufacturing output drops in March; more factories operate below capacity

Published by rudy Date posted on May 8, 2019

by Czeriza Valencia (The Philippine Star), May 8, 2019 MANILA, Philippines — Manufacturing output declined both in terms of volume and value in March mainly due to decreased activity in the food, furniture, basic metals and petroleum sectors, the Philippine Statistics Authority (PSA) reported yesterday.

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11 manufacturing sectors under PCC watch

Published by rudy Date posted on June 24, 2018

by Richmond Mercurio (The Philippine Star), Jun 24, 2018 MANILA, Philippines — The Philippine Competition Commission (PCC) is keeping a close watch on various „priority“ industries in the local manufacturing sector for possible anti-competitive practices.

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