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Smuggling may mask PH vulnerability

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Rampant smuggling in the economy may be hiding weaknesses in the country’s current account surplus, which economic managers have repeatedly cited as one of the domestic economy’s main shields from turbulent market conditions abroad.

Posted: March 18th, 2014 in Headlines | Read More »

Imports surged 13.2% in December

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Imports surged 13.2 percent in December to $5.25 billion, revving up from the 2.3-percent growth the previous month and reversing the 6.4-percent contraction in December 2011, the National Statistics Office (NSO) reported Tuesday.

Posted: February 26th, 2013 in Editor's Pick,Headlines | Read More »

Philippine imports down 3.3% in March

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Hundreds of imported cars mostly from Japan and South Korea are parked waiting for deliveries at a Manila pier on Nov. 10, 2011. AP FILE PHOTO

The National Statistics Office reported Friday that imports fell 3.3 percent to $5.371 billion in March from $5.553 billion during the same month last year.

Posted: May 25th, 2012 in Latest Business Stories | Read More »

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