The robust upturn in the semiconductor industry supported the 15.7-percent growth in the country’s merchandise exports in February to $5.9 billion from $5.1 billion a year earlier, based on preliminary data from the Philippine Statistics Authority (PSA).
The positive momentum continued into the first two months of 2024, with total merchandise exports rising 12.3 percent to $11.8 billion from $10.5 billion in the same period last year.
Electronic products, which constitute...
The Asian Development Bank (ADB) predicted stronger economic growth for the Philippines this year and next, fueled by easing inflation, rising domestic demand and...
The Department of Trade and Industry (DTI) discussed the strategies to implement the E-Commerce Philippines 2024-2028 Roadmap that aims to link local products to...
Philippine exports and imports surged in February 2024 on improving global trade prospects.
The Philippine Statistics Authority said February exports climbed 5.9 percent to $5.9...
