Imports continued to outpace the country’s exports, but at a much narrower level, the Philippine Statistics Authority (PSA) reported. The PSA said on Tuesday, Dec. 13, that the country’s trade gap, or the difference between the value of export and import, dropped 13 percent to $3.3 billion in...
After it opposed the importation of 25,000 metric tons of fish until January 2023, a fisherfolk group dared President Ferdinand “Bongbong” Marcos Jr. to ban imported fish from China. “Nakakabahalang pangunahing pinanggagalingan ng ating inaangkat na isda ay China, ang bansang nangangamkam at...
House Deputy Speaker Ralph Recto asserted on Tuesday, Aug. 16, that the importation of the right volume of sugar must be “solely based on science and insulated from lobby and politics.” Batangas 6th District Rep. Ralph Recto (Senate PRIB) In doing so, Recto said in a statement, sugar demand and...
Blackwater is looking to improve its short but impressive all-Filipino Cup run by tapping 6-foot-9 center Cameron Krutwig as its reinforcement in the 2022 PBA Commissioner's Cup. Cameron Krutwig (Photo from FIBA Europe Cup) Kurtwig is set to arrive in the country on Aug. 14 before his scheduled...
Trade deficit accelerated last June as country’s purchases of goods from abroad outpaced the rise in sales of locally-made products, but the National Economic and Development (NEDA) just shrugged off the widening trade gap. The Philippine Statistics Authority (PSA) said Tuesday, Aug. 9, that the...
PH trade deficit widens further in April By Chino S. Leyco Trade deficit widened last April as country’s purchases of goods from abroad outpaced the rise in sales of locally-made products, the Philippine Statistics Authority (PSA) reported on Thursday, June 9. The PSA said the country’s trade...
The country's trade deficit ballooned further in March as Philippines imported more goods from its trading partners, outpacing the growth in exports of local products following the reopening of the domestic economy from quarantine restrictions. The Philippine Statistics Authority (PSA) reported on...
Exports of Philippine-made goods rose at a much faster pace at 12 percent in the first two-months of the year owing to strong demand for electronic products, the government announced. The Philippine Statistics Authority (PSA) released data on Friday, April 8, showing that exports earnings grew 12...
Senator Imee Marcos on Wednesday, April 6 exposed an alleged new "midnight deal" on sugar imports. In a statement, Marcos called on Department of Agriculture (DA) Secretary William Dar to desist from signing a new order to import 350,000 metric tons of sugar. ‘’Agriculture is already an epic...
Vice-presidential aspirant Senator Francis "Kiko" Pangilinan said the Team Robredo-Pangilinan (TROPA) would stop the syndicates behind the importation and smuggling of agriculture products that is killing the livelihood of Filipino farmers and fisherfolk. Vice President Leni Robredo and Senator...
Trade deficit, which is the difference between the value of export and import of a country, jumped by 63 percent in the first month of the year as Filipinos bought more foreign-made products, the Philippine Statistics Authority (PSA) reported on Friday, March 11. Data from the PSA showed that the...
BOC collection from rice imports up 22% in 2021 By CHINO S. LEYCO Government collection of duties from imported rice jumped 22 percent to P18.9 billion in 2021, but it incurred foregone revenues on pork tariff cuts, the Department of Finance (DOF) said. Citing reports from the Bureau of Customs,...
