PHILIPPINE retailers on Thursday declared that the “worst is over” for them since they expect moderate growth this year and a possible recovery next year, citing strong overseas Filipino workers’ (OFWs) remittances and growth in the business process outsourcing (BPO) and tourism sectors.
Consumers want value-for-money, experts say MANILA, Philippines –The country’s retail industry will improve in the coming months, largely due to steady remittances from overseas Filipino workers, according to industry experts.
The Philippine economy will stay afloat in the first half of this year on the back of an improvement in retail sales and government spending, indicating that the state’s full year growth target will be met.
DOMESTIC trade flows in the Philippines dropped nearly a fifth in the first quarter of the year from a year ago, the National Statistics Office (NSO) said.
THE Philippines ranking as a destination of global retailers inched up, according to an international consulting firm.
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
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