THE Federation of Philippine Industries (FPI) said reforms are needed in the power, logistics, and food industries to ease the price pressures affecting manufacturing activity, according to BusinessWorld.
The industry group noted that manufacturers are operating in a tight environment characterized by elevated input costs and cooling demand. High electricity rates and expensive logistics have been particularly burdensome, eroding competitiveness and squeezing margins across the supply chain.
FPI urged the government to implement clear, stable policies that would lower operating costs and attract investment. Without structural reforms in power generation and distribution, as well as improved transport infrastructure, the group warned that price pressures could persist and further dampen industrial output.