Tag: S&P Global

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Philippine factories rebound as demand strengthens

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.

Factory recovery continues but confidence loses steam in June

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.

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.

Philippine manufacturing contracts as costs, demand bite

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 growth slows on rising costs

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.

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KinoFest 2026 German film festival debuts in Manila Oct 15–18

Manila will host KinoFest 2026 — The German Film Festival for the first time October 15–18 at GH Ortigas Cinema, Greenhills Mall. This marks the event’s fifth edition, bringing free, first-come, first-served screenings to Filipino viewers.

Corruption, inflation drain P2.75T from economy

Corruption and inflation may have cost the Philippine economy an estimated P2.75 trillion over the 12 months to the second quarter of 2026, Senate President Sherwin Gatchalian said Thursday, as lawmakers launched an inquiry into the country’s slowing growth and weakening investment.

BSP concludes 2026 Financial Literacy Series in Legazpi, directing focus toward habits of youth and regulators 

The Bangko Sentral ng Pilipinas (BSP) wrapped up its annual Economic and Financial Learning Program in Legazpi City this week, delivering two days of practical financial education to over 2,400 students and teachers while signaling a broader policy shift toward long-term behavioral change in financial inclusion.

₱9.7 billion activated to tackle El Niño threat, high fuel prices

The Department of Agriculture confirmed Thursday it may use P9.7 billion in Special Allotment Release Orders to support farmers and fisherfolk facing rising fuel prices and the expected severe effects of El Niño.

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