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                    [Title] => Garment exports seen to drop by 5% in 2002
                    [Summary] => Garment shipments for the whole of 2002 are expected to drop by more than five percent to $2.8 billion from  $2.974 billion in 2001, the Garments and Textile Export Board (GTEB) said yesterday. 


For this year, GTEB executive director Serafin Juliano said garment exports are still expected to contract by three percent due to the generally weak global demand for locally-made garments and the stiff competition poised by other low-cost producing countries. 


The country’s major markets for garments are the US and Japan.


                    [DatePublished] => 2003-01-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
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PHILIPPINE LUEN THAI HOLDINGS

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                    [ArticleID] => 190997
                    [Title] => Garment exports seen to drop by 5% in 2002
                    [Summary] => Garment shipments for the whole of 2002 are expected to drop by more than five percent to $2.8 billion from  $2.974 billion in 2001, the Garments and Textile Export Board (GTEB) said yesterday. 


For this year, GTEB executive director Serafin Juliano said garment exports are still expected to contract by three percent due to the generally weak global demand for locally-made garments and the stiff competition poised by other low-cost producing countries. 


The country’s major markets for garments are the US and Japan.


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Garment exports seen to drop by 5% in 2002

By Marianne V. Go | January 10, 2003 - 12:00am

Garment shipments for the whole of 2002 are expected to drop by more than five percent to $2.8 billion from $2.974 billion in 2001, the Garments and Textile Export Board (GTEB) said yesterday. For this year, GTEB...

Business