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Why are imported goods more expensive in the Philippines?

VECTORJUICE-FREEPIKMalaysia-based information aggregator, iPrice, recently published a report that ranked Manila as the third most expensive city to live in in Southeast Asia. According to iPrice, the cost of living in Manila is only a fraction lower than in Bangkok but 28% more expensive, on average, than in Jakarta, Kuala Lumpur, and Ho Chi Minh. Singapore tops the list. The report says that it takes P50,800 to live decently in Manila (and key. ....

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