Philippine exports dropped 11.4% in June vs. a year earlier, according to government figures. This included a 23% slump in exports to Japan, a 19.4% decline in apparel and a worrying acceleration in the rate of fall for electronics to 5.1% from 4% in May. This was the 17th straight monthly fall in exports and … Continue reading “Philippine Exports Drop 11%, Little Respite Ahead”