MANILA — Manufacturing output continued its rapid growth in October 2016 due to higher production of petroleum products, non-electrical machineries, and transport equipment, according to the National Economic and Development Authority (NEDA). “In order to support the manufacturing sector’s continued growth, the government efforts to improve the business climate must be sustained,” said Socioeconomic Planning continue reading : MANUFACTURING SUSTAINS GROWTH IN OCTOBER 2016
STRONG DEMAND CONTINUES TO BOOST IMPORTS GROWTH IN MAY 2016
The increase in local demand for capital and consumer goods drove imports growth by 39.3 percent year-on-year in May 2016, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the total payments for imported goods reached US$6.7 billion in May 2016 from US$4.8 billion in the same period. continue reading : STRONG DEMAND CONTINUES TO BOOST IMPORTS GROWTH IN MAY 2016
