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Electronics manufacturers seek 'defined' economic stimulus

ABS-CBN News
Updated as of Mar 31 12:12 PM

The government should provide a "defined" economic stimulus for companies to cushion the impact of COVID-19, a group of electronics manufacturers said Tuesday. Read more »

Trade deficit narrows to $2.48 billion in December

ABS-CBN News
Posted at Feb 11 12:18 PM

The balance of trade in goods declined by 40.6 percent to $2.48 billion (P125.8 billion) in December 2019 compared to the $4.17 billion (P211.5 billion) in December 2018, data from the Philippine Statistics Authority showed.  Read more »

Trade deficit narrows to $3.34 billion in November

ABS-CBN News
Posted at Jan 10 11:45 AM

The trade deficit declined by 18 percent to $3.34 billion November compared to the same month in 2018. Total external trade for the month shrank to $14.54 billion, the Philippine Statistics Authority said. Read more »

Singapore economy grew just 0.7 percent in 2019: government

Agence France-Presse
Posted at Jan 02 03:30 PM

The trade ministry said in a statement Thursday that based on advance estimates, the economy expanded by 0.8 percent year-on-year in the fourth quarter to December. Read more »

China, Russia propose lifting some UN sanctions on N.Korea, US says not the time

Michelle Nichols, Reuters
Posted at Dec 17 08:54 AM

China and Russia on Monday proposed the UN Security Council lift a ban on North Korea exporting statues, seafood and textiles, according to a draft resolution seen by Reuters, in a move Russia said is aimed at encouraging talks between Washington and Pyongyang.  Read more »

Customs seizes 'misdeclared' electronic waste from South Korea

ABS-CBN News
Updated as of Nov 24 01:36 AM

Authorities on Thursday seized a 40 foot container of allegedly misdeclared assorted electronic waste which came from South Korea. Read more »

US firms keen on 'Build, Build, Build,' says Filipino envoy

Willard Cheng, ABS-CBN News
Posted at Nov 08 12:25 PM

There is a "very high level of confidence" among US businesses in the Philippine economy, said Jose Victor Chan-Gonzaga, Minister of Economy Affairs of the Philippine Embassy. Read more »

Trade deficit narrows to $3.12 billion September

ABS-CBN News
Updated as of Nov 06 04:12 PM

The trade deficit totaled $3.12 billion in September from $4.02 billion during the same month in 2018. The shortfall was at $2.41 billion in August this year.  Read more »

Trade deficit widens in July, snaps 2 months of decline

ABS-CBN News
Posted at Sep 10 10:08 AM

July trade deficit rose to $3.39 billion from $2.47 billion in June, 15.5 percent lower compared to the $4.02 billion total for the same period last year, data from the Philippine Statistics Authority showed.  Read more »

THE DAY IN PHOTOS: July 23, 2019

ABS-CBN News
Posted at Jul 23 11:29 PM

Here are the big stories today in photos. Read more »

South Korea protests Japan export restriction

Jung Yeon-je, AFP
Updated as of Jul 23 08:48 PM

South Korean protestors cut a banner showing a picture of Japanese Prime Minister Shinzo Abe during a rally denouncing Japan for its recent trade restrictions against Seoul over wartime slavery disputes, near the Japanese embassy in Seoul on Tuesday. Read more »

PH export growth weakens despite strong economic growth

ABS-CBN News
Posted at Jul 20 02:45 AM

Three years into the Duterte administration, the government is keen on maintaining its growth projections for the economy. Read more »

PH economy and the export sector

ABS-CBN News
Posted at Jul 19 04:21 PM

The Philippine government remains keen on maintaining its growth projection for the economy and that includes meeting targets for the export industry. Read more »

Italy seeks stronger agri ties with Philippines, envoy says

Cathy Yang, ABS-CBN News
Updated as of Jul 05 10:26 AM

Italy produces goods that are not made in the Philippines as well technologies in food machinery and storage which can help transform the agriculture sector, Italy’s Undersecretary for Foreign Affairs Manlio di Stefano said in an exclusive interview with ANC’s The Boss.  Read more »

Canadian trash once dumped in PH lands back in Vancouver

Alia Dharssi, Agence France-Presse
Updated as of Jun 30 03:11 AM

Canadian workers plan to burn the piles of garbage and convert it to power Metro Vancouver's electric grid, according to a report by Global News. Read more »

Canadian trash from PH set to arrive in Vancouver

ABS-CBN News
Updated as of Jun 30 12:16 AM

MANILA - After a month-long journey, the cargo vessel carrying shipping containers of Canada trash from the Philippines is set to arrive in Vancouver this weekend. Read more »

Company in Misamis Oriental prepares to ship back garbage to South Korea

ABS-CBN News
Posted at Jun 27 02:16 AM

Verde Soko plans to repack more than 5,000 tons of garbage from South Korea stored in its plant since July last year, with the goal of sending it back to Seoul in a few days' time. Read more »

Asia-wide free trade deal to partially 'insulate' region from US-China trade war: Lopez

Vivienne Gulla, ABS-CBN News
Posted at Jun 21 04:20 PM

ASEAN leaders are expected to conclude negotiations on an Asia-wide free trade agreement this year, a move expected to insulate the region from the effects of the US-China trade war, an official said Friday. Read more »

HK garbage dumped at Misamis Oriental port to be shipped back next week

ABS-CBN News
Posted at May 31 06:12 PM

The waste shipment from Hong Kong dumped at a port in Misamis Oriental will be returned on June 3, an official said Friday.   Read more »

China's US tariff hike to target condoms, wine, pianos

Agence France-Presse
Posted at May 31 03:16 PM

Condoms, perfume, wine and pianos are among a cocktail of American products that will be hit by a steep increase in Chinese tariffs on Saturday as Beijing retaliates in an escalating trade war. Read more »