BusinessWorld E-paper
![](https://bworld-x.com/wp-content/uploads/2024/01/S1-1-Page-1-01.03.24-1-pdf-595x1024.jpg)
January 3, 2024
FACTORY ACTIVITY in the Philippines expanded at a slower pace in December, reflecting modest growth in new orders and output across the sector, S&P Global said on Tuesday.
The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) stood at 51.5 in December, lower than the nine month high of 52.7 in November.