by Teuvo Tuomi | Jun 10, 2024 | News, Business, Economy, Manufacturing, Philippines
Factory output in the Philippines bounced back in April, buoyed by higher food manufacturing production, from a contraction in the previous month, the Philippine Statistics Authority (PSA) reports. Preliminary results of the PSA’s latest Monthly Integrated Survey of...
by Teuvo Tuomi | May 10, 2024 | Business, Economy, News, Philippines
High inflation and borrowing costs slowed down the first-quarter growth of the Philippine economy, causing the “Bongbong” Marcos’s government to miss its target. Gross domestic product (GDP) grew 5.7% year-on-year in the first quarter, faster than...
