MANILA  -The manufacturing sector in the Philippines ended in August a two-year expansion run, but many firms are gearing up for the yearly fourth-quarter sales boom, according to S&P Global. The company's Philippines PMI or purchasing managers index read at 49.7 in August, which signaled a contraction. A PMI—which is based on a monthly survey of managers —of above 50 means an overall increase (more positive responses than negative) while less than 50 means an overall decrease (more negative answers than positive).

https://business.inquirer.net/418718/manufacturing-sectors-2-year-expansion-interrupted

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