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PH manufacturing staging comeback

Philippine Daily InquirerPhilippines · ASIA

MANILA, Philippines — The Philippine peso’s slide to back-to-back record lows is breathing new life into the country’s once-stagnant manufacturing sector, HSBC said, though curbing inflation and logis...

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MANILA, Philippines — The Philippine peso’s slide to back-to-back record lows is breathing new life into the country’s once-stagnant manufacturing sector, HSBC said, though curbing inflation and logistics costs will be crucial to sustaining the gains. Aris Dacanay, senior Asean economist at HSBC, said the weaker currency could make Philippine exports more competitive in international markets, […]...

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