Thursday, September 29, 2011

Exports decline 1.67% to US$4.4Bil in July

With exports totaling US$4.43Bil in July, the country’s trade deficit settled at US$570Mil for the period, bringing the year-to-date gap to US$6.31Bil.

We need to ram up the exports figures. China is beating everyone with it's low cost labor and thus a hot export driven country.

We need to do more to rebalance this trade deficit. Bring on the investors and ease up on doing business in the Philippines.

Red tape must be removed and other bottlenecks in our economy.

Sulong Pilipinas!




via Census

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