News

Canada says will clamp down on arms exports amid rights concerns

David Ljunggren, Reuters
Updated as of Sep 03 06:03 AM

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 News
Updated 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 News
Updated 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

Reuters
Posted 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 News
Posted 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 News
Posted 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

Reuters
Updated 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 News
Posted 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 News
Posted 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 »

Reimposing death penalty is the red line to EU, warns Ed Angara

ABS-CBN News
Updated as of Jun 16 05:37 PM

The reimposition of the death penalty may cost the Philippines the duty-free privileges it enjoys from European Union (EU) member-states, the country's special envoy to the regional group said Friday. Read more »

Qatar says Gulf citizens can stay despite crisis

David Harding, Agence France-Presse
Posted at Jun 12 07:37 AM

Qatar moved Sunday to avoid an escalation of its feud with Gulf neighbors by telling their citizens they are welcome to stay, while boasting of "business as usual" for vital gas exports. Read more »

Imports fall for 1st time in 9 months

ABS-CBN News
Posted at Jun 09 11:33 AM

Imports fell for the first time in nine months in April due to a decline in the purchase of consumer and capital goods, government data released Friday showed. Read more »

Strong growth likely sustained in Q1 on strong exports, gov't spending

Reuters
Posted at May 17 02:57 PM

The Philippine economy likely sustained its strong growth momentum in the first quarter on recovering farm output and exports and higher government spending, supporting the case for the central bank to tighten monetary policy this year. Read more »

PH aims to address trade imbalance with China in Belt and Road

Mimi Ong, ABS-CBN News
Posted at May 15 02:15 AM

BEIJING - Addressing the trade imbalance between the Philippines and China could be among the early benefits the country can get from improved ties with China and its participation in the Belt & Road initiative. Read more »

Exports grow at slower pace, imports at 9-month high

ABS-CBN News
Posted at Apr 11 01:08 PM

Exports rose for a third straight month in February, although at a slower pace due to double-digit drops in the shipments of machinery and transport equipment and ignition wiring set for vehicles, aircraft and ships, data from the statistics agency released Tuesday. Read more »

Thai PM says "don't worry" about US trade policy yet

Aukkarapon Niyomyat and Orathai Sriring, Reuters
Updated as of Apr 04 09:54 PM

Thailand's prime minister said on Tuesday he had told officials to prepare for changes in U.S. trade policy under President Donald Trump, but it was too soon for the big exporter to worry.  Read more »

Makati Business Club sees sustained economic growth in 2017

ABS-CBN News
Posted at Mar 28 04:38 PM

Majority of the country's senior executives expect economic growth this year to match or surpass that of the previous year, despite rising interest rates and faster inflation, the Makati Business Club said Tuesday. Read more »

China asks WTO to weigh in on EU anti-dumping measures

Agence France-Presse
Posted at Mar 22 12:37 AM

GENEVA - China on Tuesday asked the World Trade Organization to create an expert panel to examine the so-called "surrogate country" approach used by the European Union to calculate anti-dumping measures applied to Chinese exports. Read more »

Exports rise 22.5 pct in January, fastest in 3 years

Reuters
Posted at Mar 10 01:51 PM

Exports grew 22.5 percent in January, the fastest pace in three years, driven by strong demand for apparel, electronics and coconut oil, government data showed. Read more »

Exports rebound, imports sustain rise in December

Reuters
Posted at Feb 10 02:35 PM

Exports recovered in December and climbed 4.5 percent from a year earlier, driven by hefty increases in the shipments of coconut oil, other mineral products and metal components, government data showed.  Read more »