Topic page on {?keyword?} | ABS-CBN News

PH trade deficit shrinks amid flat exports, falling imports

ABS-CBN News
Posted at Dec 10 06:47 PM

The Philippines' total external trade also shrank 6.7 percent in October as exports remained almost flat while imports fell, the Philippine Statistics Authority said on Tuesday.  Read more »

China exports fall in November, imports recover

Ludovic Ehret, Agence France-Presse
Posted at Dec 08 10:00 PM

China's exports declined for the fourth consecutive month in November as a trade war with Washington rumbles on, official data showed Sunday, although imports rebounded. Read more »

Century Tuna maker to supply fish, coconut milk products to Russian firms

ABS-CBN News
Posted at Oct 15 12:55 PM

The maker of Century Tuna said it signed separate memoranda of understanding with Magnit Food Retail Chain, Dalimo and LLC Dalpromryba for tuna and sardines and with Panasia Impex Co for coconut milk. Read more »

Analyst: Saudi likely to maintain exports, use reserves in near term

ABS-CBN News
Posted at Sep 16 10:07 PM

Saudi Arabia will likely be able to maintain exports as it can use global reserves to ensure supply security. Read more »

China's exports fall in August as US trade war rumbles

Agence France-Presse
Posted at Sep 08 02:13 PM

BEIJING - China's exports fell by 1.0 percent on-year in August, official data showed Sunday, amid a bruising trade war with the US that has roiled markets in the world's top two economies. Read more »

Japan's curbs on high-tech materials exports to South Korea could backfire

Makiko Yamazaki and Heekyong Yang, Reuters
Updated as of Sep 02 08:35 AM

Japan's curbs on exports of high-tech materials to South Korea could backfire in the long run, eroding its dominance over a key link in the global chip supply chain, suppliers and experts say.   Read more »

Xi pledges to balance Philippines-China trade: Trade chief Lopez

ABS-CBN News
Posted at Aug 30 09:59 AM

China plans to buy more goods from the Philippines, especially agricultural and agro-based products, said Trade Secretary Ramon Lopez, who is part of Duterte's official delegation to Beijing. Read more »

Trade deficit shrinks in June as exports rebound

ABS-CBN News
Posted at Aug 07 12:26 PM

Exports reached a total of $6.01 billion, reflecting a 1.5 percent increase compared to the $5.92 billion in June 2018, according to the data released by the Philippine Statistics Authority. Read more »

Japan, South Korea trade tit-for-tat export blows

Miwa Suzuki, Agence France Presse
Posted at Aug 03 02:04 AM

Japan and South Korea rescinded each other's favored export partner status on Friday and Seoul said it would review a military information agreement, as a long-running row between the US allies hit a new low.   Read more »

Economic growth likely at 5.8 percent in Q2: PNB economist

ABS-CBN News
Updated as of Aug 01 02:26 PM

Gross domestic product likely grew 5.8 percent in the second quarter, from 5.6 percent in January to June and below the government's 6 to 7 percent range, Philippine National Bank economist Jun Trinidad told ANC's Market Edge. Read more »

The pits: How China's US tariff jab choked a cherry import boom

Yawen Chen and Shivani Singh, Reuters
Posted at Jul 23 07:32 AM

For public relations officer Rachel Li, paying top dollar for "beautiful" cherries imported from the United States was a no-brainer. Read more »

External trade down 3 percent in May as imports fall

ABS-CBN News
Updated as of Jul 10 04:33 PM

Philippine foreign trade fell 3 percent in May compared to the same month last year as the expansion in exports failed to make up for shrinking imports, the Philippine Statistics Authority said on Wednesday. Read more »

Philippine economy has 'safety valve' vs US-China trade war effects: Pernia

ABS-CBN News
Updated as of Jun 28 12:13 PM

Philippine exports benefit from the trade row, as the country supplies goods to both China and the US, socioeconomic planning secretary Ernesto Pernia told ANC. Read more »

To dodge trade war, Chinese exporters shift production to low-cost nations

Joyce Zhou and Ann Wang, Reuters
Posted at Jun 27 11:40 AM

In recent years, some Chinese manufacturers had already started to relocate some of their capacity to countries such as Vietnam and Cambodia, due to high operating costs at home. The trade war is now pushing more to follow suit, especially makers of low-tech and low-value goods. Read more »

Dissecting Data: Trade gap narrows in April

ABS-CBN News
Posted at Jun 11 03:54 PM

Exports rose 0.4 percent in April to $5.51 billion from the same month in 2018. Imports contracted by 1.9 percent during the same comparable period. Read more »

Peso strengthens as April trade gap falls below forecast

ABS-CBN News
Updated as of Jun 11 05:11 PM

The peso ended stronger against the dollar on Tuesday after official data showed that the trade deficit in April was smaller than expected. Read more »

China's exports beat forecast to rise as trade war heats up

Sebastien Ricci, Agence France-Presse
Posted at Jun 10 04:40 PM

China's exports beat gloomy forecasts to rebound in May though imports sank more than expected, official data showed Monday, as concerns lingered about the impact of its ongoing trade war with the United States. Read more »

Incentives help PH keep, grow foreign investments: electronics manufacturers

ABS-CBN News
Posted at May 20 09:05 AM

The Semiconductor and Electronics Industries in the Philippines Inc is hoping for a dialogue with legislators who won in the mid-term elections Read more »

Trade gap widens in February

ABS-CBN News
Updated as of Apr 11 12:25 PM

The shortfall of $2.79 billion was larger than the $2.54 billion posted in February 2018, PSA data showed. Total trade in goods rose 1.2 percent to $13.14 billion during the same comparable period. Read more »

China factory activity up after 4-month slide

Agence France-Presse
Posted at Mar 31 04:14 PM

China's manufacturing sector ended its 4-month downward trend in March, official data showed Sunday, but exports continued their long slide in the wake of the Washington-Beijing trade war. Read more »