Poging GOUD - Vrij
Factory growth sustains, optimism up
Manila Bulletin
|August 02 2025
Despite a muted overall performance, Philippine factory growth observed in June has been sustained through July, with manufacturing firms growing more optimistic about consumer demand for their products.
According to the latest data from debt watcher S&P Global released on Friday, Aug. 1, a growth momentum in the manufacturing sector is building up from June through the start of the third quarter at a steady rate.
“While outputs and new orders continued to rise, they did so at modest and historically muted rates,” S&P Global said.
Based on the report, the Philippines’ purchasing managers’ index (PMI)—an overall single-figure indicator of how the manufacturing sector is performing—climbed further to 50.9 from 50.7 previously.
“Despite signaling only a modest improvement in the health of the Filipino manufacturing sector, it pointed to returning growth momentum,” it noted.
S&P Global Market Intelligence economist Maryam Baluch, meanwhile, stressed on the “muted performance” overall, despite the growth uptick the sector has shown upon entering the third quarter of the year.
In terms of employment, manufacturing firms were “cautious“ last month, as reflected in the slower growth in worker absorption. Purchasing also grew at a sluggish rate.
However, Baluch said this cautious environment was balanced out by the subdued risks to inflation.
Alongside this, manufacturing firms have also turned optimistic about their future production levels. This positive sentiment “surged to a four-month high, as firms strategically prepared for anticipated demand.”
Dit verhaal komt uit de August 02 2025-editie van Manila Bulletin.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Manila Bulletin
Manila Bulletin
Two become 40
Danica Valdes-Lloren and Andee de Guzman-Que celebrate life, friendship, and fashion in one unforgettable night
1 mins
November 12, 2025
Manila Bulletin
Our secret to intimacy after 25 years
Thank you, my dearest Filipinos, for making our 25th anniversary pictures from Nice Print Photography viral (1.6 million views on Instagram and 1.5 million views on Facebook).
2 mins
November 12, 2025
Manila Bulletin
Indonesia declares Suharto national hero
Indonesia declared the former dictator Suharto a national hero on Monday, provoking outrage from rights group who said the move was an attempt to whitewash decades of human rights abuses and corruption that took place during his 32 years in power.
2 mins
November 12, 2025
Manila Bulletin
Vape Law effective model of harm reduction in the Philippines—health expert
The Philippines' Vape Law has provided a crucial legal and ethical framework for tobacco harm reduction, empowering the medical community to recommend novel tobacco products to patients who do not quit smoking combustible cigarettes entirely.
3 mins
November 12, 2025
Manila Bulletin
NU battles well-rested FEU
National University tries to strengthen its grip on the top spot, while University of Santo Tomas and Far Eastern University look to bolster their respective semifinal bids in the resumption of the UAAP Season 88 men's basketball tournament at Mall of Asia Arena in Pasay City Wednesday, Nov. 12.
1 mins
November 12, 2025
Manila Bulletin
US Senate brings longest gov't shutdown closer to an end
The Senate passed legislation Monday to reopen the government, bringing the longest shutdown in history closer to an end as a small group of Democrats ratified a deal with Republicans despite searing criticism from within their party.
2 mins
November 12, 2025
Manila Bulletin
Where the magic never fades
Enchanted Kingdom celebrates three decades of wonder with a two-day OPM music fest
1 min
November 12, 2025
Manila Bulletin
BBC faces 'existential crisis' with furor over editing of Trump speech
The sudden resignation of two top bosses at the BBC over the editing of a speech by U.S. President Donald Trump dealt a huge blow to the broadcaster, which is revered by some in Britain as a national treasure but derided by others as outdated and left-leaning.
2 mins
November 12, 2025
Manila Bulletin
Triathletes brace for 5150 debut
A powerhouse field, led by World Championship standout Mervin Santiago and Nicole Andaya, will spearhead an impressive cast of seasoned campaigners and newcomers in the inaugural 5150 FAB (Freeport Area of Bataan) Triathlon, set to light up the scenic coastal hub of Mariveles, Bataan, this Sunday, Nov. 16.
1 min
November 12, 2025
Manila Bulletin
PAL nets ₱9.9B on strong travel demand
Flag carrier Philippine Airlines (PAL) reported a 22-percent growth in net income to over ₱9 billion for the January-to-September period, as robust demand for its core services offset higher operating costs.
1 mins
November 12, 2025
Listen
Translate
Change font size
