By Paolo G. Montecillo
Second quarter economic growth likely recovered to around 7 percent, the Department of Finance (DOF) said, marking the return of the Philippines as one of Asia’s best performers after a disappointing showing at the start of the year.
Philippine manufacturing production likely expanded by 24 percent in January on exports growth and strong domestic demand, according to Moody’s Analytics.
By Amy R. Remo
The Philippine manufacturing sector is expected to continue its brisk performance, after it grew 12.3 percent in the last quarter of 2013—said to be its fastest pace in the last three years.
By Michelle V. Remo
Manufacturing output rose at its fastest pace in over three years in November last year, boosted by robust demand here and abroad.
The National Economic and Development Authority expects the manufacturing sector to sustain its double-digit growth pace next year.