
Gradual reopening, strict health protocols, structural reforms, key to reviving PH trade
The significant improvement in the country’s trade performance in September suggested that the country’s approach to gradually reopen the economy, along with the strict observance of health protocols, puts us on the right track towards economic recovery, the National Economic and Development Authority said.The Philippine Statistics Authority reported yesterday, November 5, that the country’s merchandise trade performance registered a slower decline of 9.2 percent in September from the previous month’s 17.9 percent contraction, as relaxation of quarantine measures led to an expansion in trade activities.In particular, merchandise exports reversed its six-month long decline to post a 2.2 percent growth as outward shipments continue to improve.Meanwhile, imports fell by 16.5 perce...









