Wednesday, December 31, 2008

RP trade profile continues shift toward services - Business - Official Website of GMA News and Public Affairs - Latest Philippine News - BETA

GMANews.TV - RP trade profile continues shift toward services - Business - Official Website of GMA News and Public Affairs - Latest Philippine News - BETA: "Services emerged as the Philippines’ biggest export winner last year, growing by a third to nearly $8 billion, while traditional dollar-earners like electronics, clothing, and automotive products have either slowed down or contracted, data from the World Trade Organization (WTO) showed.

The latest WTO statistics showed that the Philippines is the world’s No. 48 exporter of merchandise goods, with $50.5 billion worth of exports last year, up by 6% and equivalent to about half a percent of the global market."

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