CEBU – The government’s Accelerated and Sustainable Anti-Poverty Program (ASAPP) is giving a boost to the local coffee industry in Tuburan, Cebu as government agencies, LGUs, and private enterprises collaborate to expand production and markets of coffee growers in the area. Launched in 2015, ASAPP aims to ensure that poverty reduction programs are focused, well
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The increase in local demand for capital and consumer goods drove imports growth by 39.3 percent year-on-year in May 2016, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the total payments for imported goods reached US$6.7 billion in May 2016 from US$4.8 billion in the same period.
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The country’s manufacturing output declined in May, a first for 2016, owing to a significant drop in leather, chemical, and petroleum products production, according to the National Economic and Development Authority (NEDA). In the Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries for May 2016, the Volume of Production Index (VoPI) declined by 1.2
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Philippine exports continued to dip for the fourteenth consecutive month in May 2016 due to weak global demand, prompting a need to refocus export strategies of firms, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority released that exports declined by 3.8 percent year-on-year in May 2016 to US$4.7 billion as
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