NEDA urges tapping of new destinations, products to overcome exports decline

The Philippines needs to look at non-traditional export destinations and products to widen its market base as the weak global economy continues to pull down the country’s merchandise exports, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total export earnings declined by 15.1 percent in March 2016. continue reading : NEDA urges tapping of new destinations, products to overcome exports decline

Fragile global demand pulls down exports in April 2015

MANILA – Philippine merchandise exports declined by 4.1 percent in April 2015 following a modest rebound of 2.1 percent in the previous month, due to lower revenues from petroleum, mineral and agro-based products, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported that the total value of outward shipments fell continue reading : Fragile global demand pulls down exports in April 2015