Factory activity expands at fastest pace in 5 months
The country’s manufacturing sector in April expanded at the fastest pace in five months, supported by strong demand......»»
Cebu Daily Newscast: Consolacion, Cebu factory fire destroys P17.5M worth of property
Listen to Cebu Daily Newscast to know the latest news in and out of Cebu. Here’s what you need to know on Thursday, May 16. Consolacion, Cebu factory fire destroys P17.5M worth of property A fire razed a factory in Barangay Pulpogan in Consolacion town in northern Cebu on Wednesday, May 15, causing damages worth.....»»
Factory output growth picks up in January
The country’s factory output went up at a quicker pace in January from the previous month due mainly to the slower contraction in production of electronic products and beverages, according to the Philippine Statistics Authority......»»
Remittances grow at slowest pace in eight months
Dollars sent home by overseas Filipino workers climbed by 2.6 percent to a two-month high in March, although it was the slowest growth pace in eight months, according to the Bangko Sentral ng Pilipinas......»»
Factory activity eases in March
The growth in Philippine manufacturing activity eased slightly to 50.9 percent in March from 51 percent in February as production levels declined amid material shortages......»»
Factory activity rises slightly in February
Manufacturing activity picked up for the sixth consecutive month in February, fueled by improved demand conditions......»»
German manufacturing hits four-month low - S& P Global
Factory activity has dropped further than expected by economists, signaling a sharp downturn in the economy, data shows German manufacturing activity dropped well below expectations in February, indicating an accelerated rate of economic downturn, the latest data compiled by S&P Global has revealed. .....»»
Factory output rises to 5-month high in February
Manufacturing output in February picked up at its fastest pace in five months, driven by the performance of electronic, food and chemical products, according to the Philippine Statistics Authority......»»
Concerns conveyed to China over cyber activity
Foreign Minister Winston Peters has confirmed New Zealand's concerns about cyber activity have been conveyed directly to the Chinese Government. "The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity, attributed to groups sponsored by the Chinese Government, targeting democratic institutions in both New Zealand and the United Ki.....»»
Garment factory workers in PH: Over 5,000 lose jobs
MANILA, Philippines — Weak demand overseas that depressed local orders caused around 5,100 garment factory workers to either be retrenched or forced to go on leave since the start of the year. At least nine factories have been affected, including Luenthai Philippines, the country’s biggest exporter of textile goods using cotton. This is according to.....»»
Beyond Coffee: Coffee Factory Mezzanine delights Cebuanos with newest co-working space
Beyond Coffee: Coffee Factory Mezzanine delights Cebuanos with newest co-working space.....»»
Minalin LGU issues conditional biz permit to embattled factory
Minalin LGU issues conditional biz permit to embattled factory.....»»
2 dead, 6 injured in fireworks factory blaze in Philippines
MANILA, Feb. 1 (Xinhua) -- A blaze erupted at a small fireworks factory in Laguna province, south of Manila, on Thursday, killing two people and injuring six others, local police said. The fire broke out in Cabuyao city in the afternoon. Two people died on the spot, while some of those who sustained injuries were in critical condition, police said. Firefighters put out the fire two hours later, preventing.....»»
Death toll from Laguna fireworks factory blast now 5
The death toll from an explosion at a fireworks factory in Cabuyao City, Laguna on Thursday has increased to five......»»
2 dead, 6 injured in fireworks factory blaze in Philippines
MANILA, Feb. 1 (Xinhua) -- A blaze erupted at a small fireworks factory in Laguna province, south of Manila, on Thursday, killing two people and injuring six others, local police said. The fire broke out in Cabuyao city in the afternoon. Two people died on the spot, while some of those who sustained injuries were in critical condition, police said. Firefighters put out the fire two hours later, preventing.....»»
2 dead, 10 hurt in Laguna fireworks factory blast
Two people died and at least 10 were injured after an explosion rocked a fireworks factory in Cabuyao City in Laguna yesterday afternoon......»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 24
NEW DELHI -- Two people were killed and three others critically injured in a blast at a firecracker factory on Wednesday in the southern Indian state of Tamil Nadu, police said. The blast took place in Virudhunagar district, about 519 km southwest of Chennai, the capital city of Tamil Nadu. According to police, the victims were working in the factory and the injured were admitted to a local hospital. (India-Fire.....»»
About 20 dead in Thai fireworks factory blast; no survivors found
BANGKOK — A blast at a fireworks factory north of Bangkok on Wednesday claimed the lives of approximately 20 individuals, according to the police. Despite ongoing inspections by authorities, no survivors have been located at the site yet. It was not immediately clear what caused the incident, which took place mid-afternoon in Suphan Buri province.....»»
CV records ‘fastest growing economy’ among all regions in PH
CEBU CITY, Philippines — Central Visayas has bested the 17 regions in the country after being named the “fastest-growing” economy based on the 2023 data of the Philippine Statistics Authority (PSA). It also remained the fourth-largest contributor to the overall growth of the Philippine economy and the highest contributor outside Luzon, with a 6.6 percent.....»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
Jollibee named world’s 2nd fastest-growing restaurant brand
Asian fast-food giant Jollibee Foods Corp. is ramping up its global expansion after being hailed as the second fastest-growing restaurant brand in the world by consultancy giant Brand Finance......»»