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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

Total exports breach target last year as services boom

Aggregate Philippine exports surpassed last year’s target and likely grew at least 10 percent as service exports finished with another double-digit expansion, an official of the Department of Trade and Industry said yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 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

Clark infrastructure pushes Central Luzon growth to 9.3%

TAGUIG CITY, May 26 -- Key infrastructure developments in Clark are boosting Central Luzon's gross domestic product (GDP) which grew to 9.3 percent in 2017, almost three percent higher than the countr.....»»

Category: newsSource:  manilanewsRelated NewsMay 27th, 2018

Clark infrastructure pushes Central Luzon growth to 9.3%

TAGUIG CITY, May 26 -- Key infrastructure developments in Clark are boosting Central Luzon's gross domestic product (GDP) which grew to 9.3 percent in 2017, almost three percent higher than the countr.....»»

Category: newsSource:  philippinetimesRelated NewsMay 26th, 2018

Manila seeks tariff concession from Seoul

The Philippines will ask the South Korean government to remove its tariffs on agricultural products from the Philippines.   This is one of the issues that the Philippine delegation will raise during President Duterte's state visit to South Korea next month.   Agriculture Secretary Emmanuel Piol, who will be part of the President's entourage to South Korea, said he was expecting to hold negotiations with his South Korean counterpart on the country's request for preferential or zero-tariff treatment for Philippine agricultural products exported to Korea.   Currently, South Korea slaps a 30-percent tariff on Philippine agriculture exports, particularly banan...Keep on reading: Manila seeks tariff concession from Seoul.....»»

Category: newsSource:  inquirerRelated NewsMay 25th, 2018

Miscues push Warriors to brink of elimination

By Shaun Powell, NBA.com HOUSTON — The hefty equipment bag sitting next to the visitor’s locker room entrance after Game 5 of the Western Conference finals never had a chance. Whack! went Draymond Green’s fist against it as he walked by. Well, at least the Warriors hit something as the night grew late. Once again, the defending champions, the team with four All-Stars, the franchise with a pair of former MVPs still in their prime and two of the most efficient machines of this generation went flatter than Texas when it counted. Missed shots, failed stops and poor decisions all piled on their heads. That fourth quarter was mostly a 12-minute mess. It doomed them at the finish, for the second straight game, and now has them on the brink — really! — in the conference finals. The Warriors awaken today with a pair of potential saving graces: Game 6 is in Oakland and Chris Paul is gimpy, and might be done for good. That could be enough to push this series to seven games. Yet nothing is for certain anymore in the Warriors’ world, if only because of the weird and uncharacteristic — for them — developments in the clutch. Simply put, their lack of composure and smarts is the reason they’re in a bind. Imagine: The Rockets don’t score 100 and James Harden missed all 11 of his three-pointers and the Warriors still lose. It was a strange, empty night for the Warriors where nothing made sense for them. Yes, Paul went nuts in the fourth quarter and Houston’s defensive rotations and traps are catching the Warriors — and especially Kevin Durant — by surprise, and yet the Warriors are also doing a good job of stabbing themselves. Thursday's (Friday, PHL time) 98-94 loss was another blown opportunity, another one that got away, and for the first time since The Finals two summers ago the Warriors are staring at elimination. The face of the Warriors in these back-to-back losses belongs to Durant, and it wears the look of a man confused and dumbfounded. He is 1-for-9 shooting over the last two fourth quarters, reduced to a supporting actor, a backup singer, instead of a beast. He’s not the total reason for this, but a strong symptom nonetheless. Could they fall short of The Finals, a place where they were all but destined to go? It’s a reality, obviously, and their margin for error is toothpick-like. But that’s not what coach Steve Kerr’s gut tells him. “I feel great about where we are right now,” he said. “That may sound crazy, but I feel it. I know exactly what I’m seeing out there … we got everything we needed. Just too many turnovers, too many reaches. If we settle down a little bit we’re going to be in really good shape.” Maybe some of Kerr’s mood has something to do with Paul grabbing a hamstring in the final moments, perhaps stripping the Rockets of their best player in this series. Maybe it’s just hard to fathom the Warriors losing four times in a best-of-seven. All that talent and past success can make a man stubborn, almost refusing to ponder the possibility of defeat. Fine, but Kerr and crew must find a way to clean up the bad choices they’ve made with the game on the line, before it becomes habit-forming. Eighteen turnovers isn’t a recipe for winning. “We can learn from it,” said Durant, “and we’ve got another opportunity at home. We’ll be ready to play.” Trailing by a point with 49 seconds left, here’s what the Warriors coughed up: * Quinn Cook missed a three-pointer. The big surprise is that the ball found Cook and he actually took a shot at that stage of the game. * Curry missed a driving layup, and rather than grab the rebound, Green slapped it out toward the perimeter, hoping a teammate would grab it. Trevor Ariza scooped the lose ball instead. * Then: Down three points and seconds left, the play was designed for Curry to spring loose for a three, but Green fumbled a pass that hit him in both hands. Game over. “We were supposed to score,” said Green. “I lost the ball. Nothing more, nothing less.” Before these self-inflicted misadventures, the Warriors were repeatedly punished by Paul, who recovered from an 0-for-7 first half with 18 points in the second half — complete with a payback shimmy aimed at Curry — before pulling up lame with 22 seconds left. Also, Eric Gordon dropped 24 points and went to the line 10 times, thanks to reach-in fouls by beaten Warriors defenders. “What we can’t live with is reaching and jumping on Eric Gordon’s pump fakes,” said Kerr. “We reached on James and he shot nine free throws. We’ve got to be a little more disciplined.” Overall, the Warriors withstood a manic Toyota Center and were locked in a tight finish against a 65-win team, but never led after the eight-minute mark and weren't nearly sharp enough to capture the lead. They were without Andre Iguodala again, but he’s a defensive specialist and for much of the night defense wasn’t a big issue for the Warriors; the Rockets shot 37 percent and Harden didn’t hurt them. Their problems were mistakes and missed shots. Anyway, Golden State has four All-Stars to Houston’s two, and now with Paul’s status questionable, maybe just one. That means, although the Warriors trail 3-2, they’re in a reasonably good position to keep the series alive. They’re not worried. There’s another emotion running through their bodies. “I think they’re angry,” said Kerr. “As they should be. They’re competitors.” This is new territory in the Durant Era. Remember, the Warriors lost only once last season and until the West Finals didn’t perspire much. As expected, the Rockets are indeed the biggest threat they’ve faced. It’s the series that’s meeting the high expectations for drama and suspense and a chance to see the mighty Warriors ousted. Does Paul’s injury linger and ultimately bail out the Warriors? Can Durant rediscover his touch in the clutch? Will the Warriors wise up or once again wig out? There’s nothing at stake, really, except a dynasty that a loaded team was created to become. Curry plans to remain cool and confident, and the Warriors really don’t have any other choice but to adopt that mentality. “We’ve played the last two games good enough to win but just haven’t gotten the job done," he said. "The way we played tonight, if we can repeat that, take care of turnovers, just stay mentally locked on the details for 48 minutes, we know we can get a win. “Just the talent we have on this team and the resiliency, you know we can get the job done. We know we haven’t been in this position before, so it’s a chapter we need to figure out and finish the story.” Veteran NBA writer Shaun Powell has worked for newspapers and other publications for more than 25 years. You can e-mail him here or follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting. .....»»

Category: sportsSource:  abscbnRelated NewsMay 25th, 2018

Insurers earn P8 billion in Q1, 27% more than 2017

The insurance industry’s net income grew by 27 percent to P8.03 billion in the first quarter from P6.34 billion in the same period last year, the Insurance Commission reported yesterday......»»

Category: financeSource:  philstarRelated NewsMay 23rd, 2018