Congep corporate secretary Maritess Jocson-Agoncillo, who attended the hearing in Washington DC last month, explained that based on 2015 figures, the Philippines produced approximately 12 million pieces of travel goods.
'If duty free is granted to all GSP countries, Congep predicts a 30 percent shift in the short term from non-GSP countries, mainly China.
Young said the Fobap, in collaboration with Confederation of Garment Exporters of the Philippines (Congep
), Garment Business Association of the Philippines (GPAP) and Textile Mills Association of the Philippines (TMAP), will be making this "urgent request" for the approval of the Save Act, more than a month after Supertyphoon "Yolanda" ravaged parts of Eastern Visayas.
), Philexport said labor was the highest cost component in garments manufacturing and a major factor that influences decisions in investment locations.