BusinessWorld E-paper
June 2, 2026
PHILIPPINE FACTORY activity bounced back in May as stronger domestic demand boosted output and new orders, although supply chain disruptions and rising costs linked to the Middle East conflict continued to weigh on manufacturers, S&P Global said on Monday.
S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) improved to 50.8 in May from 48.3 in April. However, S&P Global said the latest uptick “was only modest and historically subdued.”
