Philippine roadmap sees potential 45% increase in exports

The Philippines has launched a textile and clothing industry roadmap that places it as one of the top-ten global players if it achieves a targeted annual export increase of 45%.

Unveiled at the Philippine Garment, Leather Industries and Textile Expo 2019 in Pasay City in December, recommendations include the elimination of used clothing imports, the utilisation of more natural fibres, innovative sustainable product processing and a reduction of the 12% value-added tax, reports the Manila Bulletin.

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