Local factories opened the year strong, with output soaring to a 7-month high as the economy’s reopening brightened the sector’s prospects. 

A survey of around 400 manufacturers in the country found that the Philippines’ Purchasing Managers’ Index (PMI), a gauge of manufacturing output, grew 53.5 in January from 53.1 in December, S&P Global said in a report on Wednesday.....

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Via philstar.com