PSA: Manufacturing performance ng PHL, tumaas sa unang 7 buwan ng 2024

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Transcript

00:00Manufacturing performance of the Philippines was recorded this year.

00:04According to the Philippine Statistics Authority,

00:07there is a 2% increase compared to the year 2023.

00:12Clayzel Pardilla has the report.

00:15Aaron saved up his new motorcycle for his work.

00:21So that it won't be a hassle for me to go to work every day.

00:28I'm adventurous, so I want to go to tourist spots here in the Philippines that are motorized.

00:39According to a power sports company,

00:42they increased the production of motorcycles this year.

00:45Compared to the pandemic, of course, the demand for motorcycles has increased.

00:50Small motorcycles for city driving, also for the women.

00:56Also, the demand for our big bikes has increased.

01:01According to the Philippine Statistics Authority,

01:03the Philippines' manufacturing performance was recorded in the first 7 months of 2024.

01:11From January to July this year,

01:1499.7% of the country's products were manufactured.

01:20This is more than 2% increase compared to the year 2023.

01:24The growth of the production of petroleum products,

01:29computers, electronics, drinks, food, and other products was also recorded.

01:34According to a company that makes frozen products,

01:38this is part of their preparation for the upcoming holiday season.

01:43We are also doing preparations for the last quarter of the year.

01:48We're also happy to invite everyone to participate in buying our products

01:54like hotdogs, bacon, and other meat processing products.

02:00The total production in the Philippines decreased by 97.5%.

02:06This is one of the reasons why the country's gross domestic product increased

02:11in the second quarter of 2024.

02:14The last GDP was 5.5 trillion pesos.

02:18The manufacturing industry contributed 17.1%.

02:23We know that in 2020, our economy really declined.

02:28Starting in 2021, the production of our stocks started to increase.

02:36The policies imposed by the government to increase production helped a lot.

02:44To further increase the confidence of businessmen and residents in the Philippines,

02:50the administration of President Ferdinand R. Marcos Jr.

02:55is pushing for a faster and digitalized process of business.

03:00The Anti-Red Tape Authority promised to follow the electronic business one-stop shop.

03:05Of the 1,600 countries in the Philippines,

03:091,100 have already automated the process of business.

03:14Following President Ferdinand R. Marcos Jr.'s target of making regional hubs

03:20and manufacturing and services in our country smart and sustainable,

03:25Kalei Zalpardilla for Pambansang TV in Bagong, Philippines.

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