Dissecting Data: What led to narrower trade gap in March? ABS-CBN NewsPosted at May 09 04:40 PM The Philippines posted a narrower trade deficit in March even as export figures continued to decline. Read more »
ANALYSIS: Time to take ‘overheating’ warnings seriously Jose Galang — Your BusinessPosted at Apr 27 01:19 PM The time has come for the Duterte economic managers to take a closer, more serious look at the warnings about an economic overheating. Read more »
PH trade deficit widens as exports fall, imports rise double-digit ABS-CBN NewsUpdated as of Apr 11 04:33 PM The Philippine trade deficit reached $3.06 billion in February according to the exports and imports data released by the Philippine Statistics Authority on Wednesday. Read more »
China bans exports of 'dual use' items to North Korea ReutersPosted at Apr 09 05:19 PM China has banned the export to North Korea of some items with potential dual use in weapons of mass destruction, the Chinese Ministry of Commerce said in a statement on its website. Read more »
Peso, under pressure from trade gap, hovers at P52:$1 ABS-CBN NewsPosted at Mar 16 09:35 AM The peso will remain under pressure from the widening trade deficit, notwithstanding strong growth in remittances last January, ING Bank said Friday. Read more »
China seeks more exports from PH ABS-CBN NewsPosted at Mar 15 11:39 PM Amid improved bilateral ties, China is seeking more exports from the Philippines to address a trade imbalance. Read more »
China seeks more exports from Philippines Michelle Ong, ABS-CBN NewsPosted at Mar 15 01:55 PM China's top envoy to the Philippines on Thursday called for more exports from its new ally to address a trade imbalance. Read more »
Trade deficit in January widens below forecast ABS-CBN NewsUpdated as of Mar 09 05:29 PM The expansion in the Philippines' trade deficit in January was lower than expected, as exports posted surprise growth while imports grew slower than forecast, official data released Friday showed. Read more »
US trade deficit hits 9-year high on falling exports Douglas Gillison, Agence France-Presse Posted at Mar 08 08:10 AM The US trade deficit swelled in January to its highest level in nearly a decade as oil prices rose and the world's biggest economy sold fewer aircraft, government data showed Wednesday. Read more »
ANALYSIS: The perils of a surging trade imbalance with China Jose Galang -- Your BusinessPosted at Feb 13 01:20 PM Economic managers of the Duterte administration are turning a blind eye to potentially harmful effects of a ballooning imbalance in the country’s trade with China. Not only is this deficit contributing to the weakness of the Philippine peso, Chinese exports could also further drive inflation which last month jumped to a nearly four-year high. Read more »
Peso slides as trade deficit widens to record Karen Lema, ReutersUpdated as of Feb 09 02:55 PM The peso on Friday weakened to near its lowest level in over 11 years against the dollar, after the government reported that it had the largest deficit on record in 2017. Read more »
Canada says will clamp down on arms exports amid rights concerns David Ljunggren, ReutersPosted at Feb 09 12:56 PM OTTAWA - Canada plans to clamp down on arms exports to ensure the armaments it sells abroad are not used to commit human rights abuses, Foreign Minister Chrystia Freeland said on Thursday. Read more »
Philippines posts record trade deficit in November ABS-CBN NewsUpdated as of Jan 10 06:59 PM The Philippines posted a record $3.78-billion trade deficit in November, as imports grew while exports rose at a slower pace, official data released on Wednesday showed. Read more »
PH trade deficit widens to record $2.84 billion in October ABS-CBN NewsUpdated as of Dec 12 01:40 PM The Philippine Statistics Authority on Tuesday released preliminary data on October exports and imports. Read more »
Made in China to the world ReutersPosted at Nov 23 01:19 PM A villager hangs hand-made noodles up to dry in Linyi, Shandong province, China on Tuesday. China ranks first in food exports around the world, according to their own census. Read more »
Trade deficit narrows to $18.9 billion in Jan-Sept ABS-CBN NewsPosted at Nov 10 03:20 PM The Philippines' trade deficit narrowed in the 9 months to September as exports recovered and imports grew at a slower pace, official data released on Friday showed. Read more »
'PH can compete in high-end coffee market' ABS-CBN NewsPosted at Oct 17 09:48 PM The Philippines can compete in the international high end coffee market, a founding trustee of the Philippine Coffee Board said Tuesday. Read more »
Trade deficit narrows in July, bodes well for growth ReutersUpdated as of Sep 12 03:51 PM The Philippines' trade deficit narrowed in July as exports jumped while imports declined for a second straight month, a good omen for economic growth in the third quarter. Read more »
Trade deficit narrows to $2.15B in June ABS-CBN NewsPosted at Aug 10 10:01 AM The country's trade deficit narrowed to $2.15 billion in June from a record level in the previous month, as imports declined while exports edged higher, official data showed. Read more »
Trade deficit widens to record, peso extends slump ABS-CBN NewsPosted at Jul 11 12:55 PM The country's trade deficit surged to a record in May as imports outpaced exports, official data released on Tuesday showed, underscoring the cause of the peso's drop to its lowest levels in a decade. Read more »