Philippines’s exports up by 10.6% in March, exceed full-year targer
MANILA — Merchandise exports increased by 10.6 percent to $4.6 billion in March from the 7.8 percent growth the previous month. The upsurge brought total export revenues in the first quarter to 13.1 percent or US$12.3 billion, which is within the full-year target of 11 percent.
Data from the National Statistics Office (NSO) attributed that the increase to the growth of semiconductors (14.1%), machinery and transport equipment (8.7%) and mineral products (77.1%).
(more…)
