Economy
Factory rebound gains steam as demand recovers
Philippine manufacturing returned to growth in May, snapping a brief downturn as stronger domestic demand fueled production and new orders, according to the latest S&P Global Philippines Manufacturing PMI survey.
Exports extend winning run as DTI ramps up support
The Philippines' export sector is proving surprisingly resilient in an increasingly uncertain global economy, posting its 16th straight month of growth and giving trade officials fresh reason to double down on programs aimed at helping local exporters compete abroad.
Japanese tech giant commits P25B expansion
Japanese electronics manufacturer MinebeaMitsumi Inc. is pouring another P25 billion into its Philippine operations, reinforcing the country's position in the global semiconductor supply chain and creating an estimated 3,000 new jobs.
Customs teams up with DOJ to hunt kingpins
The Bureau of Customs (BOC) is stepping up its war against smuggling, forging a stronger alliance with the Department of Justice (DOJ) and the National Bureau of Investigation (NBI) to go beyond confiscating illegal goods and target the syndicates and financiers behind illicit trade operations.
Sardines, noodles lead fresh round of price hikes
Consumers may need to stretch their grocery budgets a little further as the Department of Trade and Industry (DTI) released an updated Suggested Retail Price (SRP) bulletin showing higher prices for several basic and prime commodities.
