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PSEi falls, mirrors US equities

Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

‘High-level’ US trade mission to arrive in PH next week

MANILA, Philippines — The Department of Trade and Industry announced that a “high-level” US trade delegation is arriving next week to enhance “commercially meaningful partnerships.” According to DTI Foreign Trade Service Officer  Jollan Llaneza, the delegation, led by US Commerce Secretary Gina Raimondo, will meet with President Ferdinand Marcos Jr. and Trade Secretary Alfredo Pascual......»»

Category: newsSource:  inquirerRelated NewsMar 10th, 2024

UNCTAD raises alarm over global trade disruptions

The United Nations Conference on Trade and Development is sounding the alarm about the increasing disruptions in global trade, attributed to escalating geopolitical tensions and the impact of climate change on vital trade routes around the world......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

PAGASA warns of dangerous heat index in 11 areas on Black Saturday

PAGASA warned of heat indexes reaching "danger levels" in almost a dozen areas in the Philippines on Black Saturday, with continued exposure possibly causing heat cramps, heat exhaustion or heat stroke......»»

Category: newsSource:  philstarRelated NewsMar 30th, 2024

Scorching Heat

Pedestrians brave the scorching heat in downtown Davao City, as the heat index hit 43 degrees Celsius at 1 p.m. Monday, 25 March 2024, according to the City Disaster Risk Reduction and Management Office. The agency advised the public to observe extreme caution as high temperatures could lead to heat exhaustion or heat stroke. MindaNews photo.....»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2024

EDITORIAL - Foreign trade barriers

Instead of declaring war on pollster Pulse Asia over its latest survey showing 88 percent of Filipinos opposing Charter change, congressmen can read the report of the office of the US Trade Representative, which details foreign trade barriers in 59 markets including the Philippines......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Trade Minister heads to Abu Dhabi for key WTO negotiations

Trade Minister Todd McClay travels to Abu Dhabi in the United Arab Emirates for the 13th Ministerial Conference of the World Trade Organisation (WTO) today, to take up his role as Vice Chair of the negotiations.The Ministerial Conference is the highest decision-making body within the WTO and meets every two years. Trade ministers will negotiate the reform of agriculture trade rules, E-commerce, fisheries subsidi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 23rd, 2024

Wegotmail: Statement of the Ministry of Foreign Affairs of Japan on the Recent Surgein Tensions in the South China Sea

Wegotmail: Statement of the Ministry of Foreign Affairs of Japan on the Recent Surgein Tensions in the South China Sea.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

‘Trade with China should continue’

The Philippines should continue to pursue stronger trade ties with China despite rising tensions in the West Philippine Sea, according to the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. and the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

48ºC heat index hounds Aparri, Cagayan – Pagasa

MANILA, Philippines — A scorching 48ºC heat index hounded Aparri, Cagayan on Tuesday while 30 other areas / locations likewise experienced a dangerous heat index, according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Pagasa defines heat index as a measure of the contribution that high humidity makes with abnormally high temperatures in reducing the body’s.....»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

6 areas hit dangerous heat index hits on Monday

MANILA, Philippines — Six areas experienced a dangerous peak heat index on Monday according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Based on Pagasa’s latest computed heat index as of  5:00 p.m., Dagupan City, Pangasinan and Bacnotan, La Union both had a 44ºC (degrees Celsius) heat index. Meanwhile, Sinait, Ilocos Sur, Puerto.....»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

Mindoro heat index could reach 42 Celsius – Pagasa

Mindoro is expected to sizzle today with heat index to reach as high as 42 degrees, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), which warned the public to guard against heat stroke and heat cramps......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

German FM: Rising tensions in SCS a concern for Europe

Rising tensions in the region and China’s dangerous actions against the Philippines as well as developments in the South China Sea are of concern for Europe, Germany’s Foreign Minister Annalena Baerbock said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Philippines total external trade up 9.7 pct in February

MANILA, April 11 (Xinhua) -- The Philippines' total external trade in goods increased by 9.7 percent in February to 15.46 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Thursday. Of the total external trade in February, 61.8 percent were imported goods, while the rest were exported goods, the agency said. The PSA said the deficit of trade in goods amounted to 3.65 billion dollars,.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Philippines, EU resume free trade agreement talks

MANILA, March 19 (Xinhua) -- The Philippines and the European Union (EU) resumed negotiations for a free trade agreement (FTA) on Monday, the Philippines' Department of Trade and Industry (DTI) announced Tuesday. "Strengthening economic engagement with the EU remains a priority for the Philippines," said Philippine Trade and Industry Secretary Alfredo Pascual, adding that the Philippines aims for an ambitious, b.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Philippines external trade drops 2.1 pct in January

MANILA, March 12 (Xinhua) -- The Philippines' total external trade in goods declined 2.1 percent year-on-year in January to 16.09 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Tuesday. Of the total external trade in January, 63.1 percent were imported goods, while the rest were exported goods, the agency said. The PSA said trade deficit in January amounted to 4.22 billion dollars.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

NZ - UAE trade agreement consultation begins

Following a meeting with UAE Trade Minister Dr. Thani bin Ahmed Al Zeyoudi at the WTO Ministerial Conference in Abu Dhabi, Trade Minister Todd McClay has launched public consultation for a trade agreement between New Zealand and the United Arab Emirates (UAE).  "The UAE is a top-20 export market for New Zealand, and our largest market in the Middle East, with exports increasing 17% i.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

NZ welcomes Australia and Brazil to agreements

New Zealand has welcomed Australia to the Inclusive Trade Action Group (ITAG) and Australia and Brazil to the Global Trade and Gender Arrangement (GTAGA) Minister for Trade Todd McClay says. As the current chair of ITAG and GTAGA, Minister McClay hosted the signing ceremony and issued the Abu Dhabi Joint Statement on Sustainable and Inclusive Trade with fellow ITAG Ministers from Australi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024

Philippine calls for stronger action on climate change

Trade Secretary Alfredo Pascual has called for stronger sustainable trade and development initiatives to address climate change during the second ministerial meeting of the Coalition of Trade Ministers on Climate on the sidelines of the 13th World Trade Organization ministerial conference in Abu Dhabi, United Arab Emirates......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

PH OKs revised Asean free trade pacts with ANZ, Hong Kong

MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced on Thursday  that it signed the Second Protocol to Amend the Agreement Establishing the Asean-Australia-New Zealand Free Trade.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024