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20% drop in furniture, handicraft exports seen in 2024

By Inquirer - 8 months ago
MANILA, Philippines — A local trade association of exporters is expecting exports revenues from consumer durables such as furniture and handicraft to end up lower by $100 million or about a fifth this year, citing local hurdles and foreign competition. Robert M. Young, president of the Foreign Buyers Association of the Philippines (FOBAP), said they

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