MANILA, Dec.12 –Total merchandise trade grew by 5 percent in October 2016, supported by growth in both imports and exports, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, total trade grew to US$11.7 billion in October 2016, with imports growing by 5.9 percent and exports, 3.7 percent. “Total trade was boosted by higher exports and imports to and from Asia and other major markets. For […]