GROWTH in the combined assets of the Philippines’ largest banks accelerated to its fastest pace in more than a year in the first quarter, despite disruptions from the Middle East conflict.

By Isa Jane D. Acabal, Researcher Factory output expanded at the fastest pace in over four years in April due to base effects, heightened refining activity, and frontloaded production amid the ongoing conflict in the Middle East, analysts said. Preliminary results of the Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries showed manufacturing output, […]