exports | ABS-CBN News

P&G Philippines can use RCEP to boost baby care exports: DTI

ABS-CBN News
Updated as of Mar 17 05:30 PM

RCEP could help manufacturers, such as P&G Philippines, boost exports and access global supply chains, the company said on Friday. Read more »

Trade deficit at $5.74 billion in January 2023: PSA

ABS-CBN News
Updated as of Mar 14 04:25 PM

The trade deficit widened to $5.74 billion in January 2023, as imports outpaced exports, data from the Philippine Statistics Authority released Tuesday showed. Read more »

Marcos: Gov’t reforms making PH ‘ideal’ export player

Anjo Bagaoisan, ABS-CBN News
Posted at Mar 04 12:27 AM

President Ferdinand Marcos Jr. on Friday assured the local export industry his administration is taking steps to improve the Philippines’ competitiveness in the global export market. Read more »

Durian exports to China to start in March: Palace

Job Manahan, ABS-CBN News
Posted at Feb 24 02:00 PM

The Philippines will start exporting durian fruits to China starting next month following, Malacañang said on Friday. Read more »

South Korea freezes rates, ending year-long run of hikes

Agence France-Presse
Posted at Feb 23 12:31 PM

South Korea's central bank on Thursday froze benchmark interest rates at 3.5 percent owing to concerns over the slowing economy, ending a year-long run of hikes. Read more »

Japan GDP rebounds less than expected in fourth quarter

Agence France-Presse
Posted at Feb 14 10:44 AM

Japan's economy expanded just 0.2 percent in the last quarter of 2022, a smaller rebound than expected despite the long-awaited reopening of the country to tourists, government data showed. Read more »

Produksiyon ng durian sa Pilipinas palalawakin pa

ABS-CBN News
Posted at Feb 05 08:31 PM

Palalawakin pa ang produksiyon ng durian sa Pilipinas. Read more »

China OKs import of durian from Philippines, says envoy

ABS-CBN News
Updated as of Jan 12 02:55 AM

China has allowed the importation of durian from the Philippines, its ambassador to Manila announced said Wednesday. Read more »

Russia rejoins deal to ship vital Ukraine grain exports

Agence France-Presse
Posted at Nov 03 06:17 AM

Russia's defense ministry said it had now received sufficient guarantees from Kyiv that it would not use the maritime corridor to carry out attacks. Read more »

US says Russia 'doesn't care' about starvation

Agence France-Presse
Updated as of Nov 02 06:55 AM

The body overseeing the UN-brokered deal in July said that grain exports will halt as of Wednesday after Russia over the weekend announced a pullout. Read more »

OPEC+: A thriving Saudi-Russian marriage of convenience

Emeline Burckel, Agence France-Presse
Posted at Oct 07 03:00 AM

The UAE energy minister insisted OPEC+ was merely a 'technical organization', suggesting there are no political motives behind its decisions. Read more »

What to expect from food trade show IFEX 2022

ABS-CBN News
Updated as of Sep 22 11:51 AM

IFEX Philippines is returning as an in-person event beginning Thursday, with organizers promising a 'multi-sensory experience' for guests and participants. Read more »

China to start importing durian from PH

ABS-CBN News
Posted at Sep 07 10:57 PM

China will soon start importing durian from the Philippines. Read more »

Food export show IFEX set to return as on-site event

ABS-CBN News
Updated as of Sep 07 05:16 PM

International Food Exhibition (IFEX) Philippines is returning as an on-site event for the first time since the start of the pandemic. Read more »

PH overtaken by India in Christmas decor exports: report

ABS-CBN News
Posted at Sep 05 06:28 PM

India has overtaken the Philippines as the second biggest exporter of Christmas decor to the United States, Bloomberg reported on Monday. Read more »

Philippines to aim for high value exports: DTI

Wena Cos, ABS-CBN News
Posted at Aug 31 06:41 PM

The Philippines will aim to export higher value products apart from commodities and intermediate goods as it attempts to narrow its trade deficit, the DTI said. Read more »

Industrialization, job creation to boost economy, reduce trade deficit: DTI

Sherrie Ann Torres, ABS-CBN News
Posted at Aug 22 03:36 PM

Industrialization could help mitigate the country's ballooning trade deficit or the balance between exports and imports, through improving sectors such as manufacturing and creating jobs, Department of Trade and Industry Secretary Alfredo Pascual said Monday. Read more »

Singapore trims 2022 growth forecast on strong global headwinds

Agence France-Presse
Posted at Aug 11 12:07 PM

Singapore's economy is now projected to expand by 3.0 to 4.0 percent this year, trimmed from a 3.0 to 5.0 forecast earlier, the trade ministry said. Read more »

PH trade deficit widens to $5.84 billion in June

ABS-CBN News
Posted at Aug 09 12:36 PM

The Philippines' trade deficit widened to $5.84 billion in June 2022 or an annual increase of 75.4 percent as imports outpaced exports. Read more »

Indonesia Q2 growth boosted by exports, easing COVID curbs

Agence France-Presse
Posted at Aug 05 01:43 PM

Indonesia's economic growth accelerated in the second quarter of 2022 despite global uncertainty, official data showed Friday. Read more »