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Manufacturing performance ng Pilipinas, tumaas sa unang pitong buwan ng 2024;
PTVPhilippines
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11 months ago
Manufacturing performance ng Pilipinas, tumaas sa unang pitong buwan ng 2024;
Kabuuang halaga ng produksiyon sa bansa, tumaas din
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Transcript
Display full video transcript
00:00
The Philippines has witnessed the strengthening of the manufacturing sector this year.
00:04
According to the Philippine Statistics Authority,
00:06
this has been a big contribution to the continued development of the country's economy.
00:11
This is what Clayzel Fardilla has to say.
00:15
Aaron saved up his new motorcycle for his work.
00:21
So that it won't be a hassle for me to go to work every day.
00:28
I'm adventurous, so I want to go to tourist spots in the Philippines that have motorland.
00:38
According to a power sports company,
00:41
they increased the production of making motorcycles this year.
00:45
Compared to the pandemic, of course, the demand for motorcycles has increased.
00:49
The small motorcycles, yes, for city driving, also for the women.
00:56
And also, the demand for our big bikes has increased.
01:00
According to the Philippine Statistics Authority,
01:03
the Philippines' manufacturing performance was recorded in the first seven months of 2024.
01:11
From January to July this year,
01:13
99.7% of the country's products were made.
01:19
This is more than 2% compared to 2023.
01:24
The growth of the production of petroleum products,
01:28
computers, electronics, drinks, food, and other products is also reflected in this.
01:34
According to a company that makes frozen products,
01:37
this is part of their preparation for the upcoming holiday season.
01:42
We are also doing preparations for the last quarter of the year.
01:48
We also like to invite everyone to participate in and support the nationwide celebration.
01:54
Like hotdogs, bacon, and other meat processing products.
02:00
The total production value in the Philippines decreased by 97.5%.
02:06
This is one of the reasons why the country's gross domestic product increased
02:10
in the second quarter of 2024.
02:13
The last GDP was 5.5 trillion pesos.
02:17
The manufacturing industry contributed 17.1%.
02:23
We know that in 2020, our economy really declined.
02:28
And starting 2021, the production of our stocks increased.
02:36
The policies imposed by the government to improve production helped a lot.
02:44
To further increase the confidence of businessmen and residents in the Philippines,
02:50
the administration of President Ferdinand R. Marcos Jr.
02:54
is pushing for a faster and more digitalized process in business.
02:59
The Anti-Red Tape Authority promised to follow the electronic business one-stop shop.
03:05
Of the 1,600 countries in the Philippines,
03:08
1,100 have already automated the process of business.
03:13
Following President Ferdinand R. Marcos Jr.'s target of making regional hubs
03:19
and manufacturing and services in our country smart and sustainable,
03:24
Kalei Zalpardilla for Pambansang TV in the new Philippines.
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