Philippine manufacturing activity contracted in April as war bites

MANILA, Philippines – The fallout from the Middle East war continued to ripple across the Philippine manufacturing sector, dragging factory activity into contraction territory in April for the first time in five months. The latest S&P Global survey of around 400 companies showed the Philippines’ Purchasing Managers’ Index (PMI) fell to 48.3 from 51.3 in […]... Keep on reading: Philippine manufacturing activity contracted in April as war bites

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