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The key driver for growth in the rest of this year is the recovery in margins for the float glass business. In the past, we have seen peak margins for float glass hit 40% when the market is in short supply. We could see margins recover when demand improves, as new supply has slowed...
Aquino team targetting annual growth of 7-8%: manufacturing has been the key driver of the Philippines economy, and the new Government of Ninoy Aquino is targetting annual growth of 7-8 per cent during its six-year term ...(MANUFACTURING DRIVES THE PHILIPPINES)...