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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......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsMay 16th, 2024

Metal sector shines with record output

Higher gold and nickel output buoyed the country’s metal production to a record level of P249 billion in 2023, offsetting contractions in other commodity output......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

DavNor posts lowest Dec 2023 inflation rate in Davao region

DavNor posts lowest Dec 2023 inflation rate in Davao region.....»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsMay 7th, 2024

Beyond Coffee: Coffee Factory Mezzanine delights Cebuanos with newest co-working space

Beyond Coffee: Coffee Factory Mezzanine delights Cebuanos with newest co-working space.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

Minalin LGU issues conditional biz permit to embattled factory

Minalin LGU issues conditional biz permit to embattled factory.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

As global economy slows, Philippines bats for intensified financing solutions

The Philippines has called on multilateral financial institutions to step up support and financing solutions to developing nations as the global economy hits a critical point of further slowdown......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Philippines inflation rate slows to 2.8 pct in January

MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»

Category: newsSource:  manilanewsRelated NewsFeb 6th, 2024

Philippines mineral output to sustain growth

The value of the country’s mineral output this year is expected to surpass last year’s P249 billion, driven by the rising demand for gold amid persisting geopolitical tensions, according to an industry group......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Raw sugar output highest in 3 years

Local raw sugar production in the current crop year expanded to 1.86 million metric tons (MT), surpassing the previous crop year’s entire output, due to more sugarcane milled and better sweetener content......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Motor vehicle output up 7.7 percent in Q1

Motor vehicle output in the Philippines went up by 7.7 percent in the first quarter, making the country the second fastest growing market for vehicle production in Southeast Asia......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

Philex net income drops on lower metal output

The earnings of Philex Mining Corp. plunged by 70 percent to more than P110 million in the first quarter as revenues fell due to lower metal output......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024