
MANILA, Philippines —Philippine factory activity slipped back into contraction territory in September as weak demand and intensifying international competition weighed on output, new orders and employment. The latest S&P Global survey of around 400 companies showed the Philippines’ Purchasing Managers’ Index (PMI) fell to 49.6 in September from 54.9 in August, marking the first deterioration since April. READ: Philippine factory activity rises to near 10-year high in August This is now below the
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Coverage blindspot: Reporting on this development is currently concentrated in other segments of the media landscape.
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