Philippine manufacturers tightened their purchasing activity in October as weak demand continued to drag on production and hiring, underscoring the gap between businesses’ improving outlook and the still-fragile state of factory orders.
Hotel101-Madrid, the 680-room global prototype of DoubleDragon’s standardized hospitality model, posted record monthly recurring revenue of EUR2.93 million, or about USD3.28 million (P209 million), in October as it neared full occupancy.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is pitching Canadian energy companies on a role in powering a planned defense and industrial hub on Luzon’s eastern seaboard, betting that reliable electricity will be as important as land and logistics in attracting investors.
Philippine manufacturers are putting 2027 expansion plans on the shelf and using P65 to the US dollar as a working hedge against further peso weakness, as rising import, energy and logistics costs squeeze already-thin margins.