Philippine manufacturers started the second half of 2026 on stronger footing, with factory output and new orders posting their fastest growth in five months as businesses tapped existing inventories to keep up with improving demand.
Philippine manufacturing extended its recovery for a second straight month in June as stronger domestic demand lifted factory output and new orders, although businesses turned more cautious about the months ahead.
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.
The Philippines’ manufacturing sector slipped into contraction in April, its first downturn since November, as weakening demand and rising costs weighed on output, according to S&P Global Market Intelligence.
Philippine manufacturing lost momentum at the end of the first quarter, as rising energy costs and geopolitical tensions weighed on the sector, according to the S&P Global Philippines Manufacturing PMI report released April 1.
The Bases Conversion and Development Authority (BCDA) is pursuing at least USD50 million in initial investment from a European aircraft maintenance company, alongside a separate US aerospace manufacturing proposal, as it seeks to expand Clark’s role in the aviation industry.
The Department of Agriculture (DA) is tightening checks on project details and rolling out system-wide improvements after discrepancies were found in coordinates submitted for farm-to-market road (FMR) projects.
A P14.8-billion water supply and wastewater project proposed by Maynilad Water Services Inc. and South Korea’s K-Water for New Clark City has cleared a key hurdle after attracting no competing bid, putting the consortium closer to securing the contract.
BPI Foundation, the social development arm of the Bank of the Philippine Islands, is broadening its nationwide push to boost financial literacy and digital learning, reaching thousands of students and teachers in underserved communities.