Exports down by 24.7% in June year-on-year

Published by rudy Date posted on August 11, 2009

MANILA, Philippines—The value of Philippine merchandise exports continued to decline in June by 24.7 percent year-on-year to $3.41 billion as shipments of electronics slumped.

The latest figures from the National Statistics Office show that exports in the past nine months have been less than what was recorded in the same month the previous year.

The picture looked a bit better, however, for the volume of export from month to month. Exports in June improved by 10.4 percent from the $3.088 billion in revenues posted in May.

Still, total exports in the first half of 2009, reaching $17.225 billion, represented a 32.8 percent dip from the $25.623 billion reported in the same period in 2008.

In June alone, electronics products—which accounted for 57.1 percent of total outbound cargoes—fell by 26 percent year-on-year to $1.948 billion mainly due to the decrease in shipments of components and devices.

Compared to receipts in May, electronics improved by 7.6 percent from $1.811 billion. –Ronnel Domingo, Philippine Daily Inquirer

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

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

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

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.