Business

PH manufacturing posts solid growth in June

MANILA -- The country’s manufacturing sector continued its expansion all the way to the close of the first semester, the Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI) of IHS Markit reported Monday. Although...

PH producer prices up 1% in May

MANILA -- Producer prices in the manufacturing sector continued to increase in May, mainly driven by higher selling prices of tobacco and petroleum products, the Philippine Statistics Authority (PSA) reported over the...

SSS posts P42.57-B in collections in Q1

MANILA -- The state-run Social Security System (SSS) said collections from its 15.4 million actively paying members amounted to PHP42.57 billion in the first three months of the year, pushing its total...

Non-financial corporations account for highest share in GDP

MANILA -- Non-financial corporations continued to account for the highest share in the country’s gross domestic product (GDP) at 50.4 percent last year, the Philippine Statistics Authority (PSA) reported on Thursday. The PSA...

TRAIN revenues broadly in line with forecasts, DOF official says

MANILA -- The Tax Reform for Acceleration and Inclusion (TRAIN) law is delivering the expected revenues for the national government, an official from the Department of Finance (DOF) said. “TRAIN revenues are broadly...

Warning labels on sugary drinks may start by August

MANILA -- Trade and industry Secretary Ramon Lopez said government may begin requiring manufacturers or traders to put warning labels on high sugar content beverages as early as August this year. On the...
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