Philippines

PH manufacturing sector strengthens in May

PH manufacturing sector strengthens in May By Kris Crismundo MANILA (Philippines News Agency) — The country’s manufacturing sector gained strength in May to 53.7 from 52.7 the previous month as reflected by IHS Markit’s purchasing managers’ index (PMI) survey, which was released Friday. The Philippines’ manufacturing sector’s score was also the second highest among surveyed … Continue reading

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Manlunas St closed to traffic due to Resorts World incident

News Release Manlunas St closed to traffic due to Resorts World incident MANILA (Philippines News Agency) — The Metropolitan Manila Development Authority (MMDA) advised motorists that Manlunas St. in Pasay City is closed to traffic Friday due to the ongoing investigation on the incident in Resorts World Manila. In its traffic advisory, the MMDA said … Continue reading

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Bankers group assures continued services in Mindanao amid martial law

News Release Bankers group assures continued services in Mindanao amid martial law   MANILA (Philippines News Agency) — The Bankers Association of the Philippines (BAP) on Friday allayed fears on possible banking services disruption in Mindanao following the declaration of martial law on Tuesday. “BAP member banks with branches in the region shall continue with … Continue reading

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Business as usual in Philippines, DTI chief tells Russian biz

Business as usual in PHL, DTI chief tells Russian biz   MOSCOW (Philippines News Agency) — Department of Trade and Industry (DTI) Secretary Ramon Lopez has assured Russian businessmen that it is “business as usual” in the Philippines despite the martial law declaration of President Rodrigo Duterte in Mindanao. During the Philippine-Russia Business Forum at … Continue reading