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BusinessWorld
February 15, 2021 | 12:32 am
AGRICULTURE exports may see a rebound this year. PHILIPPINE STAR/MICHAEL VARCAS
THE EXPORT INDUSTRY is expecting the agriculture sector to lead some export recovery this year, while manufacturing growth will remain slow.
Philippine Exporters Confederation, Inc. (Philexport) President Sergio R. Ortiz-Luis, Jr. said that while he is hoping agriculture exports could grow, shipments of big-ticket items like electronics to other countries will continue to be strong.
“If regulations can be fixed, we hope mining ore exports could grow too,” he said in mixed English and Filipino in a phone interview on Feb. 4.
These mining exports could serve as substitutes, he said, while most other exports are down because of low demand in the global market.
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