S&P Global said the Philippines' manufacturing purchasing managers' index (PMI) stood at 52.2 in April, up from 50.9 in March.
A reading above 50 indicates an overall increase from the previous month, while below 50 denotes a contraction.
The PMI is based on a survey of around 400 manufacturers and takes into account the following: new orders, output, employment, suppliers' delivery times and stocks of purchases.
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Diese Geschichte stammt aus der May 03, 2024-Ausgabe von The Philippine Star.
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Strong core businesses underpin GT Capital Q1 performance
Conglomerate GT Capital Holdings Inc. delivered higher earnings in the first quarter, bolstered by the strong performances of its core businesses.
Positive foreign, local news buoy stocks
The stock market bounced back on positive cues abroad coupled with expectations on earlier interest rate cuts.
BSP keeps rates on hold as expected
The Bangko Sentral ng Pilipinas (BSP) hit the pause button for the fifth straight policy meeting as it kept the benchmark interest rates steady yesterday, but it may start cutting borrowing costs as early as August if a sustained downtrend in inflation becomes fully evident.
LOPSIDED DUEL OR MAY MAYHEM?
Moments after Rain or Shine followed defending champion San Miguel Beer to the PBA Philippine Cup semis, coach Yeng Guiao immediately turned on the mental game.
US: Gaza Strip pier project completed
The US military finished installing a floating pier for the Gaza Strip yesterday, with officials poised to begin ferrying badly needed humanitarian aid into the enclave besieged over seven months of intense fighting in the Israel-Hamas war.
Xi rolls out red carpet for Putin
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Missing beauty pageant bet: Raps vs ex-cop junked
The charges filed against a former police major and a driver tagged in the disappearance of beauty pageant candidate Catherine Camilon have been dismissed.
NCR wage board sets pay hike consultations
The Regional Tripartite Wages and Productivity Board (RTWPB) in the National Capital (NCR) has set public consultations for the next round of pay hikes.
Solve vote-buying problem first, Comelec told
Instead of granting the Commission on Elections additional powers that could regulate candidates' use of social media, the Comelec should focus on addressing the perennial problem of vote-buying first, Lanao del Norte Rep. Khalid Dimaporo said Wednesday.
NFA to import rice only as last recourse – DA -
Allowing the National Food Authority to import rice is a last option for the government, an official of the Department of Agriculture (DA) said yesterday amid opposition from farmers' groups to return the NFA's power to source the staple outside the country.
