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PH exports to EU grew by 31 percent

DTI welcomed another milestone for Philippines and European Union trade relations as export products hit a 31 percent growth increase......»»

Category: newsSource: samarnews samarnewsFeb 13th, 2018

PH exports to EU grew by 31 percent

DTI welcomed another milestone for Philippines and European Union trade relations as export products hit a 31 percent growth increase......»»

Category: newsSource:  samarnewsRelated NewsFeb 13th, 2018

Trade deficit hits record high in Nov

THE Philippines’ trade deficit hit a new record high in November following significant growth in imports, the Philippine Statistics Authority (PSA) reported on Wednesday. Inbound shipments rose by 18.5 percent year-on-year to $8.74 billion, PSA data showed, while exports grew at a slower pace of 1.6 percent to $4.96 billion. The total balance of trade [...] The post Trade deficit hits record high in Nov appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJan 11th, 2018

Trade deficit hits record high in Oct

THE Philippines’ trade deficit hit a record high in October as imports grew twice as fast as exports, the Philippine Statistics Authority (PSA) reported on Tuesday. Inbound shipments rose by 13.1 percent year-on-year to $8.21 billion, PSA data showed, while exports grew at a slower pace of 6.6 percent to $5.36 billion. The total balance [...] The post Trade deficit hits record high in Oct appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsDec 13th, 2017

Total trade grows 10.4% in October

The country’s total trade grew by 10.4 percent in October 2017 from 4.6 percent in the previous month after exports recorded its 11th consecutive month of positive growth, the Philippine Statistics Authority (PSA) reported on Tuesday......»»

Category: newsSource:  interaksyonRelated NewsDec 12th, 2017

GDP grows 6.9% in Q3, beats forecasts

THE Philippine economy grew at a solid pace of 6.9 percent in the third quarter from a year earlier, accelerating from the revised 6.7 percent growth in the second quarter, driven by higher exports and increased public spending, official data showed on Thursday. The third quarter gross domestic product (GDP) growth surpassed the 6.3 percent to [...] The post GDP grows 6.9% in Q3, beats forecasts appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 16th, 2017

PH trade deficit narrows in Sept

THE Philippines’ trade deficit narrowed in September as exports grew faster than imports, the Philippine Statistics Authority (PSA) reported on Friday. Exports rose by 4.3 percent year-on-year to $5.59 billion while imports grew 1.7 percent to $7.5 billion. “The country’s total balance of trade in goods … [amounted]to $1.91 billion in September 2017, lower than [...] The post PH trade deficit narrows in Sept appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 11th, 2017

Economy likely grew 7-7.2% in Q2 — DOF

MANILA, Philippines - The economy likely expanded within the seven percent to 7.2 percent range in the second quarter on the back of strong exports and agric.....»»

Category: financeSource:  philstarRelated NewsAug 15th, 2017

PH exports up by 18.34 percent in Q1

Philippine exports for the first quarter of 2017 grew by 18.34 percent after it reflected double-digit growth for March 2017 with 21 percent total increase amounting to $5.58 billion compared to $4.61 billion recorded value in the same period in 2016......»»

Category: newsSource:  samarnewsRelated NewsJun 14th, 2017

Economy likely grew 7% in Q2 – Pernia

MANILA, Philippines -  The economy likely grew close to seven percent in the second quarter due to the improving performance of the farm and exports sector,.....»»

Category: financeSource:  philstarRelated NewsJun 11th, 2017

Philippine exports grow 18.3 percent in Q1

MANILA, Philippines (Philippines News Agency) – Merchandise trade grew 22.7 percent in March backed by double-digit growth of.....»»

Category: financeSource:  philstarRelated NewsMay 11th, 2017

My Australia Day tribute to Filipino Australians

Filipinos love meat and Australia is the largest exporter of red meat to the Philippines. Beef is one of our top five exports and sheepmeat exports grew nearly 30 percent in 2016. Aussies too are partial to throwing a juicy slab of meat on the barbie (BBQ) and many will do so to commemorate Australia Day today......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2017

My Australia Day tribute to Filipino Australians

Filipinos love meat and Australia is the largest exporter of red meat to the Philippines. Beef is one of our top five exports and sheepmeat exports grew nearly 30 percent in 2016. Aussies too are partial to throwing a juicy slab of meat on the barbie (BBQ) and many will do so to commemorate Australia Day today......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2017

Electronics top PH exports; East Asia market expands

Electronic products remained to be the country’s top exports as the sector grew by 11.6 percent from US$2.359 billion in 2015 to US$ 2.633 billion this year accounting for 53.7 percent of the total export revenues in August 2016......»»

Category: newsSource:  samarnewsRelated NewsNov 23rd, 2016

SKorea economy gains pace in Q2

SEOUL: South Koreas economy posted improved growth in the second quarter as exports and domestic consumption picked up, the central Bank of Korea (BoK) said on Tuesday. Asias fourth largest economy grew 0.7 percent in the April-June period from the .....»»

Category: newsSource:  manilatimes_netRelated NewsJul 26th, 2016

Brisk sales boost Ayala Land’s 2017 profit by 21%

Property giant Ayala Land Inc. (ALI) on Wednesday said its profit grew 21 percent to PHP25.3 billion in 2017, as property sales and leasing revenues picked up......»»

Category: newsSource:  interaksyonRelated NewsFeb 15th, 2018

Stock market up, ALI results cited

SHARE prices continued to recover on Wednesday with a strong 2017 result for property developer Ayala Land, Inc. (ALI) said to have boosted the Philippine Stock Exchange index (PSEi). The benchmark index gained 27.97 points or 0.33 percent to close at 8,598.11 while the broader All Shares grew by 0.39 percent or 19.59 points to [...] The post Stock market up, ALI results cited appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsFeb 14th, 2018

Jollibee nets P7.09B

Fast-food giant Jollibee Foods Corp. grew its net profit attributable to equity holders of parent firm by 15 percent last year to P7.09 billion on a record store rollout program and strong same-store sales. For the fourth quarter alone, JFC's attributable net profit rose by 11.7 percent year-on-year to P1.98 billion, Asia's most valuable restaurant chain disclosed to the Philippine Stock Exchange on Wednesday. The full-year performance brought JFC's return on equity to 19.3 percent, stable from 19.2 percent in the previous year. System-wide sales grew by 15.2 percent for the whole year to P171.77 billion, driven by the expansion of its store network and strong same-store sal...Keep on reading: Jollibee nets P7.09B.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2018

Gov’t revenue up at faster pace in Jan., on lookout vs cigarette smuggling

Tax takings of the Bureau of Internal Revenue (BIR) rose at a faster pace in January on the back of higher excise taxes on a number of goods under the first tax reform package, but the government is bracing for a surge in cigarette smuggling amid higher prices.   BIR Commissioner Caesar R. Dulay told reporters last Friday that the January collections of the country's biggest tax agency grew 15 percent from P147.4 billion in January 2017.   The growth in the BIR's January collections outpaced the 14-percent increase a year ago.   Dulay said that in the case of the new excise tax on sugar-sweetened beverages under the Tax Reform for Acceleration and Inclusion...Keep on reading: Gov’t revenue up at faster pace in Jan., on lookout vs cigarette smuggling.....»»

Category: newsSource:  inquirerRelated NewsFeb 12th, 2018

PH to sustain manufacturing growth due to weak peso – report

Manufacturing growth in the Philippines is expected to be sustained in the near to medium term partly due to a weak peso, London-based economic research firm Capital Economics said.   "A key factor behind the recent strength of the economy in the Philippines has been the manufacturing sector. Last year, manufacturing output grew by an impressive 8.6 percent, outperforming other parts of the region," Capital Economics said in a report.   The report of senior Asia economist Gareth Leather is titled "Philippines: Will manufacturing continue to outperform?" It cited Thomson Reuters and its own data on manufacturing production in the emerging Asian region.   F...Keep on reading: PH to sustain manufacturing growth due to weak peso – report.....»»

Category: newsSource:  inquirerRelated NewsFeb 12th, 2018

Trade gap widens as imports surge

A sustained double-digit jump in imports and a continued decline in merchandise exports widened the trade deficit to a record-high $4.02 billion in December. Preliminary data released by the Philippine Statistics Authority Friday showed that the value of imported goods last December jumped 17.6 percent to $8.74 billion. On the other hand, exports of Philippine-made goods that month declined 4.9 percent to $4.72 billion. The total external trade in goods rose 8.6 percent to $13.46 billion in December last year. The country's chief economist, Socioeconomic Planning Secretary Ernesto M. Pernia, earlier said that the sustained wider trade in goods deficit was "not good, but trans...Keep on reading: Trade gap widens as imports surge.....»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2018