According to the PSA, the country’s total export sales amounted to $6.70 billion or P380 billion, an increase from $6.43 billion or P365 billion in August 2022.
“The country’s total export sales in August 2023 amounted to $6.70 billion, indicating an annual increase of 4.2% from the $6.43 billion total exports in the same month of the previous year. In July 2023, the total exports recorded an annual decrease of 0.9%, while it posted an annual decline of 1.7% in August 2022,” the PSA reported.
Gold sales also increased, earning the country an extra $78.24 million or P4.45 billion compared to the previous year. This is followed by Southeast Asia with an import value amounting to $3.24 billion or P184 billion and Northern America at $851.88 million or P48 billion . Oil prices rallied while the dollar and yen advanced Monday after Hamas launched a shock attack on Israel at the weekend,...
Business groups are raising concern over some provisions of the revised schedule of fees and charges being proposed by the...
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