Boosting the labor-intensive manufacturing sector could hasten poverty alleviation and help achieve inclusive growth in the country, the top official of the Philippine Institute for Development Studies (PIDS) said Monday.
There is great concern about China’s real-estate and infrastructure bubbles. But these are just short-term challenges that China may be able to spend its way out of. The real threat to China’s economy is bigger and longer term: its manufacturing bubble. By offering subsidies, cheap labor, and lax regulations and rigging its currency, China was…
MANILA, Philippines – The move of Philippine negotiators to open the domestic market rapidly has killed local manufacturers, a senior member of the Senate said.
FACTORY PRODUCTION growth is expected to end this year slower than in 2010, as effects of debt crises in the West and consequent market uncertainty weigh on trade and private consumption, a United Nations (UN) agency reported earlier this month.
Output of local factories had flattened out in May compared to a year ago after a 2.2 percent growth the previous month reflecting a slowdown in the industrial sector which bodes ill for economic prospects for the year.
The Recovery Of The Manufacturing Sector Accelerated To Its Fastest Pace This Year In June, On Growing Business Confidence In Japan And Softening Oil Prices, According To The The Asian Centre For Enterprise Development Inc.
After a momentary upsurge with the change in government, factory output in April again fell sharply due to the drop in production of basic metals industry mirroring the slowing economic growth, the government reported yesterday.
Output of local factories expanded by 11.1 percent in March compared to a year ago, the government reported yesterday.
AFTER posting unprecedented growth in 2010, branded consumer food manufacturers expect a challenging year ahead amid steep rises in commodity prices.
THE National Statistics Office (NSO) on Thursday said imports in October rose to a five-month high on electronics and fuel purchases from abroad, even as domestic factory output grew at its slowest pace in 10 months.
MANILA, Philippines – Despite the Department of Health (DOH)’s all-out campaign against firecrackers, the industry continues to flourish in the country as evidenced by the increasing number of firecracker manufacturers, dealers and retailers seeking license from the Firearms and Explosives Office (FEO) of the Philippine National Police (PNP).
Growth in factory output moderated to a nine-month low in September, the government reported on Friday, results economists said were reflective of a slowdown in economic activity.
PHILIPPINE factory output continued to expand by double digits in August, with imports of raw and intermediate goods keeping pace for the period, according to data released by the government on Tuesday. The National Statistics Office (NSO) said the volume of production index (VoPI) rose 25.6 percent year-on-year in August, accelerating from the revised 22.1-percent…
DESPITE being perceived by some quarters as a manufacturing laggard, the Philippines has proven its critics wrong as manifested by the presence of several manufacturing plants in the country, according to an academician from the state university.
FOR ALMOST two decades now, doomsayers have been declaring that manufacturing is a dying sector in the Philippines and that we will soon be reduced to a trading economy. Various reasons are cited for this dire prediction. Prominent among them is the emergence of China as the now widely acknowledged “factory of the world.” This…
The weapon, lacking serial numbers, was stenciled with information that it was made in a nonexistent place called “Fort Lauderdale, Florida, Canada.” It cost about $75, half the price of an imported, licensed equivalent.
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
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