
Manila (Philippine Daily Inquirer/ANN) - Philippine merchandise exports topped those of other Asian countries in the first 11 months of 2012, the National Economic and Development Authority (Neda) said yesterday.
But private economists believe a strong rebound in outbound shipments may still be a long way off.
Merchandise exports earnings in November grew 5.5 per cent to US$3.551 billion, from the $3.366 billion seen the previous year. This brought year-to-date exports to $48.026 billion-7 per cent up from the $44.898 billion recorded in the same period of 2011, the National Statistics Office said.