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Philippine manufacturing lags behind ASEAN peers

MANILA, Philippines — As growth slows in Philippine manufacturing, the sector now lags behind those of its ASEAN peers, the latest survey results of the Nikkei ASEAN Manufacturing Purchasing Managers’ Index (PMI) showed. The headline PMI rose marginally to 50.7 in February from 50.2 in January, indicating a steady although slow improvement in the health […]

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