Tuesday, April 04, 2006

Competitive Capitalism at work!

Appreciation of the PHP create profit headache for Filipino exporters and manufacturers. Clearances and fees add to the cost of doing business to exporters and importers alike. Removing or paring down these fees and charges is good for us consumers, exporters, importers and manufacturers alike. It should be for all export and import transactions. Exporters and manufacturers benefited the depreciation fo PHP from P40 in 2000 to its lowest of P56.
'Exporters propose lower fees to counter peso woes'

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