Thursday, January 22, 2015

Port congestion dampens Toyota Philippines' parts exports

MANILA - The congestion at Manila's main ports has taken its toll on the Philippine auto parts business of Toyota Motor.

According to Toyota Motor Philippines Corp (TMPC) vice president Rommel Gutierrez, the group's exports dropped by a tenth year-on-year to $890 million and fell short of its $897 million target.

Read complete story here.


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