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CEBU INTERNATIONAL FURNITURE FURNISHINGS EXHIBITION

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Unstable peso triggers closures in export sector

By Ehda Dagooc | February 10, 2007 - 12:00am

Some 35 furniture exporters and manufacturers in Cebu have reportedly folded up, leaving behind over 2,000 workers unemployed, due to fierce competition and challenging foreign exchange fluctuation.

Freeman Cebu Business