MANILA — The country’s export receipts on forest products grew 83.2 percent in January from year-ago figures, with lumber and plywood shipments mainly accounting for the gain.
The Philippine Statistics Authority (PSA) said January receipts totaled USD17.89 million in 2018, nearly double the USD9.76 million registered in 2017.
Outbound lumber shipment receipts in January 2018 reached USD8.77 million, almost 45-percent higher than January 2017’s USD6.06 million.
The PSA said plywood receipts in January this year totaled USD8.06 million, surpassing by 190.5 percent last year’s USD2.77 million in the same month.
Receipts on other forest products for January likewise rose 13.4 percent to USD1.05 million in 2018 from USD0.92 million in 2017.
Outbound shipment of forest products helped bring the country’s total January receipts to USD5.22 billion, latest PSA report showed. (PNA)
LATEST STORIES
Navy to test Spike-ER missiles off Corregidor
MANILA -- The Philippine Navy (PN) is set to test its newly-acquired Rafael Advanced Defense Systems Ltd Spike-ER surface-to-surface missile systems on July 17 to 18 and July 24 to 26 off Corregidor … [Read More...]
Pacman win highlights grit, determination of Pinoys: AFP spox
MANILA -- The latest victory of Senator Manny "Pacman" Pacquiao against Argentine boxer Lucas Matthysse highlights the grit and determination of a Filipino, Armed Forces of the Philippines (AFP) … [Read More...]
MILF fighters need to undergo process to join PNP
MANILA -- The Philippine National Police (PNP) on Monday said an automatic integration of fighters of the Moro Islamic Liberation Front (MILF) and its splinter cells to the police ranks is unlikely … [Read More...]
North Cotabato village chair survives ambush
COTABATO CITY -- Police have launched manhunt against two men who tried to kill a village chairperson of a communist rebel-infested town of Magpet in North Cotabato on Tuesday morning, a provincial … [Read More...]
Army: 12 BIFF killed in 2-day offensives in Maguindanao
CAMP SIONGCO, Maguindanao -- The military here claimed that 12 Islamic State-linked Bangsamoro Islamic Freedom Fighters (BIFF) were killed in military offensives on Sunday and Monday. Capt. Arvin … [Read More...]
Risk of violence for 2018 SONA low: AFP
MANILA -- The risk of any violence erupting during President Rodrigo Duterte's third State of the Nation Address (SONA) on July 23 is very low, Armed Forces of the Philippines (AFP) public affairs … [Read More...]