MANILA, Philippines (Xinhua) — The Philippine export revenue declined by 40.4 percent in December 2008, providing evidence of a worse-than-expected impact of the global economic crisis on the country’s trade sector, the government data showed today.
The drop in December was far worse than the 17.2 percent dip in November, as demands shrank around the globe in a worsening financial turmoil, the National Statistics Office said.
The government said receipts from merchandise exports in the whole year of 2008 also contracted 2.9 percent to 49.023 billion US dollars from 50.466 billion dollars registered in 2007.
Electronic products, the main export item that accounts for half of the trade earnings, fell 47.6 percent in December from a year earlier, statistics showed.
Apparel and clothing accessories, coconut oil, two other major Philippine exports, also witnessed the declines in revenue of 11.4 percent and 28.9 percent respectively in December last year.– Rica D. Delfinado, Philippine Star
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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