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Amid coronavirus, China looks to US crops for state reserves: sources

Hallie Gu, Jing Xu and Keith Zhai, Reuters
Posted at Apr 23 04:59 PM

China is preparing to buy more than 30 million tons of crops for state stockpiles to help protect itself from supply chain disruptions caused by the coronavirus pandemic and make good on pledges to buy more US crops, three sources told Reuters. Read more »

Imported supplies vs COVID-19 to be released 'right away,' finance dept says

ABS-CBN News
Posted at Apr 02 03:20 PM

The Department of Finance said Thursday imported medical gear to fight COVID-19 would be released "right away" following the issuance of guidelines for tax free importation. Read more »

Rice prices to fall further on second year of tariffs: NEDA

Arianne Merez, ABS-CBN News
Updated as of Mar 04 03:54 PM

The price of rice may drop further to P34 per kilo by the end of the year from the prevailing P36, an economic official said Wednesday after the government exceeded its target last year.  Read more »

China to waive tariffs on US medical imports while fighting virus outbreak

Agence France-Presse
Posted at Feb 18 06:38 PM

Patient monitors, blood transfusion equipment and instruments to measure blood pressure are among the products that qualify for the exemptions, according to a list released by the Tariff Commission of the State Council. Read more »

Trade deficit narrows to $2.48 billion in December

ABS-CBN News
Posted at Feb 11 12:18 PM

The balance of trade in goods declined by 40.6 percent to $2.48 billion (P125.8 billion) in December 2019 compared to the $4.17 billion (P211.5 billion) in December 2018, data from the Philippine Statistics Authority showed.  Read more »

PBA: Brownlee congratulates Durham on 'well-deserved' Best Import award

Camille B. Naredo, ABS-CBN News
Posted at Jan 16 11:30 AM

Barangay Ginebra import Justin Brownlee offered his congratulations to Meralco counterpart Allen Durham, who once again copped the Bobby Parks Trophy in the PBA Governors' Cup. Read more »

Trade deficit narrows to $3.34 billion in November

ABS-CBN News
Posted at Jan 10 11:45 AM

The trade deficit declined by 18 percent to $3.34 billion November compared to the same month in 2018. Total external trade for the month shrank to $14.54 billion, the Philippine Statistics Authority said. Read more »

Philippines lifts restrictions on importing Fukushima food

Kyodo News
Updated as of Jan 09 08:30 PM

Philippine Foreign Secretary Teodoro Locsin said Thursday his country has lifted restrictions on Japanese food imports imposed following the 2011 Fukushima nuclear disaster due to lower risks of radioactive contamination. Read more »

Duterte bans vaping; orders arrest of vapers puffing in public

ABS-CBN News
Updated as of Nov 20 01:35 AM

President Rodrigo Duterte on Tuesday said he will ban the use of vapes or e-cigarettes in public, as well as the importation of such devices. Read more »

Trade deficit narrows to $3.12 billion September

ABS-CBN News
Updated as of Nov 06 04:12 PM

The trade deficit totaled $3.12 billion in September from $4.02 billion during the same month in 2018. The shortfall was at $2.41 billion in August this year.  Read more »

Group opposes more sugar imports, seeks audience with Duterte

ABS-CBN News
Updated as of Oct 13 03:48 PM

Sugar industry stakeholders on Sunday opposed the proposed sugar import liberalization and said they would seek an audience with President Rodrigo Duterte. Read more »

‘Gametime’: Collegiate imports — good or bad for the game?

ABS-CBN News
Posted at Oct 01 10:57 PM

San Beda coach Boyet Fernandez said foreign players in collegiate leagues can benefit the game as long as it is not abused.   Read more »

Solons seek P15-billion supplemental NFA budget to buy palay from local farmers

RG Cruz, ABS-CBN News
Posted at Sep 19 04:00 PM

MANILA - Over 50 lawmakers in the House of Representatives on Thursday filed a resolution seeking a supplemental P15-billion budget to allow the National Food Authority (NFA) to buy palay from local farmers as prices plummet due to imports. Read more »

Trade deficit widens in July, snaps 2 months of decline

ABS-CBN News
Posted at Sep 10 10:08 AM

July trade deficit rose to $3.39 billion from $2.47 billion in June, 15.5 percent lower compared to the $4.02 billion total for the same period last year, data from the Philippine Statistics Authority showed.  Read more »

Duterte orders NFA to buy palay from local farmers amid rice tariffication law

Pia Gutierrez, ABS-CBN News
Updated as of Sep 04 11:02 PM

MANILA (UPDATED) - President Rodrigo Duterte on Wednesday ordered the National Food Authority (NFA) to buy palay, or unhusked rice, from local farmers to help them cope with the effects of the Rice Tariffication Law. Read more »

EU extends tariffs on Chinese bicycles, fearing import flood

Agence France-Presse
Updated as of Aug 30 07:51 AM

The European Union has extended for a further five years anti-dumping duties on Chinese bicycles, the bloc said in its official journal on Thursday, after concluding that any lifting of measures would lead to a flood of imports. Read more »

PBA: Dominant Jones cops Best Import plum

Camille B. Naredo, ABS-CBN News
Updated as of Aug 11 07:10 PM

Jones was awarded the trophy ahead of Game 4 of their best-of-7 Finals series against the San Miguel Beermen on Sunday at the Araneta Coliseum. Read more »

‘Pirma na lang kulang’: DENR all set to implement ban on waste imports

Michael Delizo, ABS-CBN News
Updated as of Aug 11 05:23 PM

The Department of Environment and Natural Resources (DENR) on Sunday said it has finished crafting a policy which would temporarily ban all waste imports amid the recent arrivals of misdeclared shipments carrying garbage.    Read more »

DA handang itigil ang pag-angkat ng bigas tuwing anihan

ABS-CBN News
Posted at Jul 30 01:04 AM

Iyan ay kahit taliwas ito sa layon ng Rice Tariffication Law na walang limitasyon sa importasyon ng bigas. Read more »

Cambodia probes Chinese firm over illegal waste imports

Prak Chan Thul, Reuters
Posted at Jul 21 08:23 AM

PHNOM PENH - Cambodia is investigating a locally-based Chinese firm for illegally importing around 1,600 tonnes of plastic waste from the United States and Canada, the Southeast Asian country's customs chief told Reuters on Friday.   Read more »