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Dissecting Data: Trade gap narrows in April

ABS-CBN News
Posted at Jun 11 03:54 PM

Exports rose 0.4 percent in April to $5.51 billion from the same month in 2018. Imports contracted by 1.9 percent during the same comparable period. Read more »

Peso strengthens as April trade gap falls below forecast

ABS-CBN News
Updated as of Jun 11 05:11 PM

The peso ended stronger against the dollar on Tuesday after official data showed that the trade deficit in April was smaller than expected. Read more »

Agri chief seeks airline warning vs meat from swine-flu hit areas

ABS-CBN News
Posted at Jun 05 03:33 PM

Agriculture Secretary Emmanuel Piñol on Wednesday said he has requested Transportation Secretary Arthur Tugade to direct airlines to warn passengers of a ban on bringing meat products into the country as a precaution against the deadly African swine fever.   Read more »

‘Gesture of goodwill’: PH lifts ban on Fukushima fish imports

ABS-CBN News
Posted at May 29 09:39 PM

The ban covered species such as cherry salmon, sand lance, Japanese dace, and ayu. Read more »

Pork imports limited to swine fever-free markets: trader

ABS-CBN News
Posted at May 29 12:58 PM

A group of traders on Wednesday said it has limited the importation of pigs and processed pork products to countries that have no cases of African swine fever (ASF).    Read more »

PH economic managers set to fully implement Rice Tariffication Act

ABS-CBN News
Posted at Apr 29 11:38 PM

Rice imports of the Philippines may take just less than a month to process, while retail prices of the grain may reach below P30 per kilo. Read more »

Trade gap widens in February

ABS-CBN News
Updated as of Apr 11 12:25 PM

The shortfall of $2.79 billion was larger than the $2.54 billion posted in February 2018, PSA data showed. Total trade in goods rose 1.2 percent to $13.14 billion during the same comparable period. Read more »

Presyo ng well-milled rice inaasahang bababa: DTI

ABS-CBN News
Updated as of Mar 25 08:34 PM

Inaasahang bababa ang presyo ng inangkat na well-milled rice sa mga susunod na buwan dahil sa rice tariffication law. Read more »

Trade deficit widens to $3.76 billion in January

ABS-CBN News
Posted at Mar 12 03:53 PM

Exports in January totaled $5.28 billion compared to $9.03 billion in imports, resulting in a deficit of $3.76 billion, the PSA said. This was wider than the $3.16 billion deficit during the same month in 2018.  Read more »

Fines loom against shipping lines for container delays - trader

ABS-CBN News
Posted at Mar 04 09:30 AM

Shipping lines may soon face fines for delays in the unloading of shipping containers, which spawn congestion at ports, the leader of a truckers' group said Monday. Read more »

Inflation likely within 3.7 to 4.5 pct in February: BSP

ABS-CBN News
Posted at Feb 28 05:59 PM

MANILA - Inflation likely settled within the 3.7 to 4.5-percent range in February, a Bangko Sentral think tank said Thursday.   Read more »

Serge Osmeña suggests reducing tariff on rice imports every year

ABS-CBN News
Updated as of Feb 19 04:35 PM

Marginal farmers are going to suffer from the rice tariffication bill recently signed into law by President Rodrigo Duterte, said former Senator Sergio "Serge" Osmeña III. Read more »

'Local farmers to benefit from higher taxes on imported rice'

ABS-CBN News
Posted at Feb 18 09:07 PM

Former agriculture secretary Dr. William Dar said that under the new rice tariffication law, P10 billion will be allocated to local farmers yearly. Read more »

Death knell for farmers?

ABS-CBN News
Posted at Feb 18 08:50 PM

Members of Rice Watch, Bantay Bigas, and Anakpawis Party-list group hold a protest rally in front of the Department of Agriculture in Elliptical Road, Quezon City on Monday to protest the enactment of Rice Tariffication Law. Read more »

Rice prices to go down?

Jire Carreon, ABS-CBN News
Posted at Feb 18 04:35 PM

Consumers buy rice at the Commonwealth market on Monday. The trade department expects a decrease in rice prices after President Duterte signed into law the Rice Tariffication bill. Read more »

Dissecting Data: Trade deficit narrows in Dec but widens to record in 2018

ABS-CBN News
Posted at Feb 12 08:50 PM

The Philippines' trade deficit narrowed to a three-month low in December last year. But the $41.4 billion trade gap booked for the whole of 2018 was also the widest on record.    Read more »

Gov't may allow more sugar imports once rice tariffs approved

ABS-CBN News
Updated as of Jan 31 10:57 PM

Socioeconomic Planning Secretary Ernesto Pernia said sugar is very expensive in the Philippines because the supply is provided by only a few players.  Read more »

Bureau of Animal Industry defends importation of frozen pork from Belgium

ABS-CBN News
Posted at Jan 07 11:58 PM

A Philippine agriculture group detected the entry of over a million kilos of frozen pork from Belgium, which is among the countries affected by the African swine fever. Read more »

Trade deficit widens in October as infra push drives imports

ABS-CBN News
Updated as of Dec 11 12:56 PM

Imports grew 21.4 percent in October to $10.32 billion compared to the same month last year, data from the Philippine Statistics Authority showed. Read more »

Trade deficit widens in September as exports decline

ABS-CBN News
Posted at Nov 07 05:01 PM

The country's trade deficit widened in September as exports declined while imports surged, the Philippine Statistics Authority (PSA) said on Wednesday. Read more »