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India to export 8 million COVID-19 jabs in October

ABS-CBN News
Posted at Sep 25 05:39 PM

India halted exports in May after a devastating coronavirus wave lifted its vaccine export ban this week with new infections and deaths slowing down. Read more »

Philippine trade deficit widens to $3.29 billion in July

ABS-CBN News
Updated as of Sep 09 01:19 PM

The Philippines external trade in goods grew by almost a fifth in July, but the trade deficit also widened by more than half. Read more »

Two atypical cases of mad cow disease detected in Brazil

Agence France-Presse
Posted at Sep 05 08:22 AM

Two atypical cases of mad cow disease have been detected in Brazil, resulting in suspension of its exports of beef to China, the Agriculture Ministry said Saturday. Read more »

PH inks deal with US on pineapple, mango exports

ABS-CBN News
Posted at Aug 25 02:46 PM

The Agriculture Department has reached a deal with the US that will pave the way for more exports of the Philippines' pineapples and mangoes. Read more »

Standard adobo, sinigang, sisig? DTI says aiming for international promotion

Jamaine Punzalan, ABS-CBN News
Posted at Jul 12 05:20 PM

The government seeks to standardize adobo, sinigang, sisig, and other traditional Filipino dishes so these could easily be promoted abroad, the Department of Trade and Industry said on Monday. Read more »

Japan exports jump most in 41 years, machine orders rise

Reuters
Posted at Jun 16 12:59 PM

Japan's exports rose at the fastest pace since 1980 in May and a key gauge of capital spending grew, helping the world's third largest economy offset sluggish domestic demand as COVID-19 vaccinations boost business activity in key markets.   Read more »

Virus outbreaks at Thai factories threaten export sector, recovery

Panarat Thepgumpanat and Chayut Setboonsarng, Reuters
Posted at Jun 15 08:36 AM

A series of coronavirus outbreaks in Thai factories is raising concerns that the export sector could be hit hard, threatening to further undermine an economy as it struggles to recover from the pandemic's crippling blow to the crucial tourism industry. Read more »

Philippines' April exports, imports rise at fastest pace in over a decade

ABS-CBN News
Posted at Jun 09 12:18 PM

Philippine merchandise imports grew a hefty 140.9 percent in April from a year earlier, while exports jumped 72.1 percent, both rising at their fastest pace in more than a decade, government data showed on Wednesday. Read more »

PH manufacturing poised for growth this year: industry watchers

Bruce Rodriguez, ABS-CBN News
Posted at May 27 06:05 PM

The outlook for the Philippine manufacturing sector is looking bright this year, according to officials from both private and public sector groups.   Read more »

Vaccine giant tweets Biden to end US raw materials 'embargo'

Agence France-Presse
Posted at Apr 18 09:10 AM

The head of the world's largest vaccine maker directly tweeted US President Joe Biden on Friday urging him to lift an export ban on raw materials desperately needed to make more coronavirus shots.   Read more »

Philippines' Feb trade deficit smallest in 3 months

Reuters
Posted at Apr 08 10:21 AM

The Philippines recorded a $2.29 billion trade deficit in February, the smallest in three months, as the value of imports fell to the lowest since June last year, while a decline in exports slowed, official data showed on Thursday. Read more »

BSP sees stability in position of peso

Bruce Rodriguez, ABS-CBN News
Posted at Mar 20 05:40 AM

The Philippine peso will be staying at its current levels, based on the projections of the Bangko Sentral ng Pilipinas. Read more »

Elephants or avocados: A Kenyan dilemma

Jackson Njehia and Nazanine Moshiri, Reuters
Posted at Mar 03 09:40 PM

The free movement of some 2,000 Amboseli elephants, along with two dozen other wildlife species plus cows owned by local Maasai people, may be under threat - from avocados. Read more »

PH GDP seen to grow 3 percent in 2021, 'best case' at 4 percent

ABS-CBN News
Posted at Jan 28 01:17 PM

An economist is forecasting a 3-percent growth in the country's gross domestic product (GDP) this year, and a best-case scenario at 4 percent, which would depend on the pace of COVID-19 vaccine rollout and government spending on infrastructure and agriculture. Read more »

PH stocks drop 1.6 percent over growth worries, Asia FX eye Fed comments

ABS-CBN News
Posted at Jan 27 03:01 PM

The Philippine stock market fell 1.6 percent on Wednesday as weak export data raised concerns about the country's fragile economic recovery while broader emerging Asian shares were subdued after sharp losses a day earlier. Read more »

Exports, imports contract anew in December

ABS-CBN News
Posted at Jan 27 11:44 AM

For the whole of 2020, export earnings amounted to $63.77 billion, or a decrease of 10.1 percent compared to 2019.  Read more »

Japan's 2020 exports fall 11pct, largest drop in 11 yrs due to pandemic

Kyodo News
Posted at Jan 21 01:32 PM

Japan's exports in 2020 plunged 11.1 percent from the previous year, marking the largest fall in 11 years, as the new coronavirus pandemic battered global demand for industrial products such as cars, government data showed Thursday. Read more »

India, 'pharmacy of the world', starts COVID-19 vaccine exports

Krishna N. Das, Reuters
Posted at Jan 20 08:23 PM

India started exporting coronavirus shots on Wednesday with a shipment to the neighboring Himalayan kingdom of Bhutan, the foreign ministry said, as the so-called pharmacy of the world looks to bolster its vaccine diplomacy. Read more »

Philippines trade deficit narrows to smallest in five months in Nov

Neil Jerome Morales and Enrico Dela Cruz, Reuters
Posted at Jan 08 11:13 AM

Philippine exports grew at the fastest pace in 10 months in November while imports contracted the most since August to yield the smallest trade deficit in five months, government data showed on Friday. Read more »

Customs says study shows 'improved' processing of cargo with digitalization

ABS-CBN News
Posted at Jan 04 12:56 PM

The Bureau of Customs on Monday said there were improvements in the processing of cargo in 5 ports across the country as the agency shifted to digital systems, based on a study by the agency.    Read more »