Business

Philippine merchandise exports jumped 26.4 percent year-on-year to $6.22 billion in April 2024, rebounding from a 7.3-percent decline in March, the Philippine Statistics Authority (PSA) said Tuesday. Data showed imports also climbed 12.6 percent to nearly $11 billion, resulting in a trade deficit of $4.76 billion, slightly lower than the $4.83-billion gap a year ago. The PSA said exports in the first four months of 2024 totaled $24.19 billion, up 9.6...