PCC oks Chelsea acquisition of KGLI, but voids Trans-Asia takeover
The Philippine Competition Commission (PCC) has cleared Chelsea Logistics Holdings Corp’s (CLHC) acquisition of KGLI-NM Holdings, Inc., which controls the 2Go Group, Inc., but…
Balisacan leaves NEDA to lead new PH competition agency
Economic Planning Secretary Arsenio Balisacan, who is also director-general of the National Economic and Development Authority (NEDA), has resigned from his post to head…
PH manufacturing sector expands in Nov amid robust local consumption
After posting a slight decline in October, the manufacturing sector accelerated in November 2015 mainly on strong local demand, according to the National Economic…
PH economy strong enough to hit 6% growth in 2015—NEDA
The Philippines can achieve a growth rate of 6% in 2015 with domestic demand remaining strong, according to Socio-Economic Planning Secretary Arsenio Balisacan. “Our…
El Niño, China slump dampen PH manufacturing output
The Philippines’ manufacturing sector recorded a slight decline in output for October 2015 due to the adverse effects of El Niño and continued weakening…
Philippine exports fell by 10.8% in October 2015, the seventh straight month of decline owing to continued sluggish external demand, according to the Philippine…
The Philippines’ merchandise imports continued to post growth for the fourth consecutive month in September, boosted by double-digit increases in the importation of raw materials…
PH manufacturing rebounds with Aug volume increase
After a three-month decline, the Philippine manufacturing sector bounced back in August 2015 on the back of vigorous construction activity and high demand for…
PH industrial output wilts from sluggish global trade
Philippine manufacturing volume fell slightly in July 2015 due to the continuing weakness in global demand, according to the National Economic and Development Authority…
PH July exports slump on lower agro, mineral earnings
Philippine merchandise exports fell for the fourth straight month in July 2015, declining 1.8% to US$5.3 billion from $5.425 billion in the same period…
PH production drops further but NEDA sees silver lining
The Philippine manufacturing sector continued to cool in June 2015 due to the sustained decrease in global demand and business interruptions during the rainy…
