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P240B earmarked to revive manufacturing in PH

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The Aquino administration has proposed to allocate P239.8 billion for the Manufacturing Resurgence Program, aimed at enhancing the local manufacturing sector.

Posted: August 4th, 2014 in Headlines | Read More »

Auto parts manufacturing hub status eyed

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The Philippines is poised to become a competitive manufacturing base for motor vehicles and its parts and components by 2025, as the government moves to implement a new industrial policy that is largely centered on deepening the local companies’ participation in the global value chains (GVC).

Posted: July 31st, 2014 in Headlines | Read More »

5 European firms consider investments in manufacturing

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Five European firms are expected to set up manufacturing facilities in the Philippines mainly for the production of industrial and construction materials following the government’s aggressive trade and investment promotion activities abroad.

Posted: July 30th, 2014 in Headlines | Read More »

PH an ‘emerging manufacturing nation’ in Asean

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The Philippines has been identified as one of the emerging manufacturing nations in the region, but the country’s developments in this sector may still be paling in comparison to those seen among its neighbors in the Association of Southeast Asian Nations (Asean).

Posted: July 30th, 2014 in Headlines | Read More »

Japan firms eye PH as regional manufacturing hub

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An employee works on a machine inside a newly built product distribution warehouse in Cabuyao, Laguna, in this file photo. AFP

Japanese companies are looking to make the Philippines their manufacturing hub in the Asean given the continued robust performance of the Philippine economy, the Department of Trade and Industry said Friday.

Posted: June 16th, 2014 in Latest Business Stories | Read More »

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