Showing posts with label Export. Show all posts
Showing posts with label Export. Show all posts
Cranes and container trucks are seen at the port of Manila on August 30. The Philippines said Thursday the economy grew a better-than-forecast 5.9 percent in the three months to June, largely due to a strong services sector

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.