The volume and value of products churned out by the country’s factories fell to a 20-year low in April amid the enhanced community quarantine (ECQ)—among the most restrictive COVID-19 lockdowns in the region—which put a halt to business activities in areas comprising almost three-fourths of the economy. The Philippine Statistics Authority’s (PSA) monthly integrated survey […]
MANILA, Philippines – The volume and value of products churned out by the country’s factories fell to a 20-year low in April amid the enhanced community quarantine (ECQ)—said to be among the most restrictive COVID-19 lockdowns in the region—which put a halt to...
MANILA, Philippines — The COVID-19 quarantine imposed in Luzon and other parts of the country since mid-March slashed nationwide manufacturing activity last month, leading to a record drop in the country’s purchasing managers’ index (PMI). The latest Philippines...
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