This is not to say that the absolute values of exports for the latter sectors have fallen since 2000 – indeed services exports have grown quite strongly – but the rise in resource exports has well and truly outpaced everything else, as a result of both volume and price rises.
11055 or the Philippine Identification System (PhilSys) Act; 4. R.A. No. 11256 or the “Gold Law”. 5. Personal Property Security Act (PPSA) (Republic Act No. 11057) which boosts access to credit especially of MSMEs by allowing the use of non-traditional collateral and providing clearer priority rules in case of foreclosure.