Going digital is one of the hottest topics in the business community lately, with many traditional brick and mortar businesses launching online platforms for their companies, and new digital players emerging in the industry. Because of this, I strongly believe digital is a great equalizer for micro and small entrepreneurs. Last April 26, I, together […]
Read MoreMANILA, Philippines — Local factories continued to churn out better performance in April, aided by faster increases in new orders, output and employment, a manufacturing survey showed. Based on the latest results of the Nikkei Philippines Manufacturing Purchasing Managers’ index, the domestic manufacturing sector extended its recovery in April as the headline PMI rose to […]
Read MoreMANILA, Philippines — Committed investments approved in the first quarter surged by 53.2 percent as bullish local investors more than offset the shrinking pledges from their foreign counterparts and a continued slump in ecozone projects. Combined figures from the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA) – the country’s two biggest […]
Read MoreMANILA, Philippines — The new tax reform law took its toll on vehicle sales in the first three months of the year, relegating the Philippines to second worst performer in Southeast Asia during the period. The Philippine automotive industry was the second fastest growing market in ASEAN during the first quarter of 2017. But based […]
Read MoreMANILA, Philippines — The national government’s outstanding debt rose to a record high P6.88 trillion in end-March from P58.23 billion in February due to currency fluctuation and net issuance of government securities, the Bureau of Treasury reported yesterday. Of the amount, P2.41 trillion or more than 31 percent was borrowed from foreign sources, while P4.46 […]
Read MoreMANILA, Philippines — Philippine manufacturing activity gained strength in April, kicking off the second quarter on a strong note driven by robust demand conditions, according to monthly tracking done by IHS Markit for Nikkei, Inc. The seasonally adjusted Nikkei Philippines Manufacturing Purchasing Managers’ Index rose to 52.7 last month from 51.5 in March. The latest […]
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