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Trade dep’t says export of goods on track even as growth falls short of DBCC goal

THE COUNTRY should be able to hit the Trade department’s merchandise export target in 2018, officials of the Department of Trade and Industry (DTI) said on Friday, even though growth will be in low single-digit rate and will lag behind last year’s pace......»»

Category: financeSource: bworldonline bworldonlineDec 7th, 2018

Trade dep’t says export of goods on track even as growth falls short of DBCC goal

THE COUNTRY should be able to hit the Trade department’s merchandise export target in 2018, officials of the Department of Trade and Industry (DTI) said on Friday, even though growth will be in low single-digit rate and will lag behind last year’s pace......»»

Category: financeSource:  bworldonlineRelated NewsDec 7th, 2018

Trade gap widens in July amid flat export growth

By Carmina Angelica Valeroso-Olano, Researcher The country’s trade deficit continues to grow in July as imports continued its accelerated growth pace while export growth was flat. Exports grew by 0.3% to $5.85 billion in July, slower than the 2.8% growth in June and 21.9% in July 2017. The country’s balance of trade in goods expanded to […] The post Trade gap widens in July amid flat export growth appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 11th, 2018

Sustained export surge seen

The Department of Trade and Industry is bullish that the country’s export performance will surpass, if not maintain its growth in 2018. Trade Secretary Ramon Lopez told reporters the increase in investments on manufacturing for exports of goods and services, growing factory capacity, and improving environment of the global market….....»»

Category: newsSource:  journalRelated NewsDec 28th, 2017

October trade gap biggest on record as imports outpace exports in growth

By Ranier Olson R. Reusora Researcher FOREIGN SALES of Philippine goods grew for the 11th straight month last October, but the double-digit increase in merchandise imports drove the monthly trade gap to its biggest on record, the government reported yesterday. Preliminary data which the Philippine Statistics Authority (PSA) released on Tuesday showed export sales growing […] The post October trade gap biggest on record as imports outpace exports in growth appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 12th, 2017

6.5-7.5% export growth targeted

Exports of goods and services could grow by 6.5 to 7.5 percent this year, a Trade department official said on Friday, with revenues expected to hit $79.7 billion to as much as $80.4 billion. “There is a recovery in global demand, which is already happening now. Actually the strength of the US dollar versus the [...] The post 6.5-7.5% export growth targeted appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 20th, 2017

PHL EXPORTS YIELD GROWTH IN DECEMBER 2016

The Department of Trade and Industry sees sustained growth for exports in 2017 as Philippine exported goods yielded a 4.5% growth in December 2016 with a total of $4.71 billion in export revenues from $4.660 billion in the same period in 2015. &'8220;As we implement new strategies in diversifying our markets and upscaling our products [&'].....»»

Category: newsSource:  boholnewsdailyRelated NewsFeb 16th, 2017

DTI expects total exports growing by 10% for 2018

The Department of Trade and Industry expects the country’s exports of goods and services to rise by nearly 10 percent to as much as $87.8 billion this year, with growth expected from both sectors......»»

Category: financeSource:  philstarRelated NewsDec 7th, 2018

Cooper, Cowboys join Redskins atop NFC East with 31-23 win

ARLINGTON, Texas (AP) — Ezekiel Elliott made the $21 donation after his touchdown. Amari Cooper took the freebie following the first of his two scores. The bonus for the Dallas Cowboys: They're all the way back in the NFC East race. Cooper had a 90-yard touchdown after celebrating with a free throw following his first scoring catch, Elliott ran for 121 yards with his TD and the Cowboys pulled even with Washington atop the division with a 31-23 Thanksgiving win over the Redskins on Thursday. The Cowboys (6-5) won their third straight game since the first home loss, to Tennessee in the Dallas debut of Cooper following a trade dropped them two games under .500. Dallas' eighth win in nine Thanksgiving games against Washington, and second in three seasons, earned a season split. The Redskins (6-5) lost for the third time in four games in Colt McCoy's first start in four years coming off Alex Smith's season-ending leg injury. The former Texas Longhorns star threw three interceptions to offset two touchdown passes. McCoy won his two previous starts at the home of the Cowboys, one for the 2009 Big 12 championship and the other his most recent NFL victory with the Redskins in 2014. Cooper, the former Oakland receiver had much more fun in his second home game, finishing with a Dallas Thanksgiving-best 180 yards receiving — 105 of those coming after the catch on his two touchdowns. First, Cooper ran away from Quinton Dunbar after the Washington cornerback slipped on a short pass, turning it into a 40-yard TD for a 17-13 lead. Cooper celebrated by mimicking a free throw , shooting the football through the goal post. On the 90-yarder, Cooper made the catch just outside the Dallas 30, spun out of the arms of Fabian Moreau and won the race to the pylon against Ha Ha Clinton-Dix, who tried to shove him out of bounds around the 5. It was his longest career catch and the longest completion in Dak Prescott's three seasons. McCoy looked as if he hadn't started a game in a long time early, throwing into double coverage on his first play and fumbling while trying to scramble on his third, with the Redskins recovering and punting. But McCoy settled in with a couple of third-down passes to Jordan Reed to keep drives going, then hit Vernon Davis in stride on a 53-yard touchdown — the longest Washington completion of the season — for a 7-7 tie. The Cowboys were having all the fun before the Redskins pulled even, with Elliott scoring on a 16-yard run and dropping $21 into a giant Salvation Army red kettle behind the end zone. The cash was handed to him by a team photographer. As a rookie in 2016, Elliott jumped into the kettle on the same part of the field after a touchdown in a 31-26 win over the Redskins. That season's NFL rushing champion, who wears No. 21, was fined for the stunt and later donated $21,000 to the Salvation Army. After scoring on a scrambling 5-yard run for the third Dallas touchdown in less than eight minutes and a 31-13 lead, Prescott let Elliott help him into another kettle on the other end of the field, drawing the same unsportsmanlike conduct penalty Elliott did two years ago. Elliott missed the Thanksgiving game last year on his six-game suspension over domestic violence allegations. MISSING PRO BOWLER Redskins defensive end Preston Smith had seven QB pressures before halftime, the most in the NFL in the first half this season. All of them came against Cameron Fleming, who was filling in for Tyron Smith. The five-time Pro Bowler Smith was active but didn't play after saying he experienced a stinger in the previous game against Atlanta. Smith was listed as questionable with a neck injury coming in. Smith finished with 1½ of the four sacks of Prescott — all in the first half — and had four QB hits. MR. IRREVELANT Washington receiver Trey Quinn, the final pick of this year's draft at the home of the Cowboys and a former player at nearby SMU, set up his own 14-yard touchdown catch for Washington's only lead at 13-10 in the third quarter with a 30-yard punt return to the Dallas 25. INJURIES Redskins running back Adrian Peterson left briefly in the first quarter with a shoulder injury but returned. Still, he wasn't nearly as effective as he was in Washington's 20-17 win in the first meeting. The four-time All-Pro finished with 35 yards on 12 carries after going for 99 yards at home. UP NEXT Redskins: First of two meetings in the final five games against the defending champion Eagles, at Philadelphia on Monday, Dec. 3. Cowboys: Face New Orleans in the second of three straight home games next Thursday......»»

Category: sportsSource:  abscbnRelated NewsNov 23rd, 2018

Financial system stronger, but new vulnerabilities emerge

Although the global expansion has plateaued, easy monetary policies continue to support growth. But we shouldn’t rest too easily. Chapter 1 of the latest Global Financial Stability Report finds that short-term risks to the financial system have increased somewhat over the past six months. Trade tensions have escalated, policy uncertainties have increased in a number […].....»»

Category: newsSource:  tribuneRelated NewsNov 5th, 2018

Trade war impact deepens across Asia, but ‘real economic shock’ yet to hit

HONG KONG — The economic impact of the intensifying trade war between Washington and Beijing appeared to deepen last month with factory activity and export orders weakening across Asia, but analysts warned the worst was yet to come. In a sign conditions for exporters and factories were deteriorating, manufacturing surveys showed marginal growth in China, a […] The post Trade war impact deepens across Asia, but ‘real economic shock’ yet to hit appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsNov 1st, 2018

PVL: Gervacio shows consistency for Perlas Spikers

Dzi Gervacio has been consistently delivering the goods for BanKo in the Premier Volleyball League Season 2 Open Conference. The former Ateneo de Manila University standout in her first all-Filipino stint as a Perlas Spiker is in her vintage form and her numbers in the stats sheet say it all. Gervacio is averaging 16.8 point per game and her 17-point explosion Wednesday helped BanKo get back on the right track after a two-game slump. The open spiker pounded 15 kills and landed a couple of aces while putting up 10 digs in the Perlas Spikers’ 25-22, 25-21, 25-19, victory over Iriga-Navy at the FilOil Flying V Centre in San Juan. It was a quick win for BanKo as it improved to 6-2 win-loss record and completed an elims sweep of the Lady Oragons.     “Gusto lang namin makabawi kasi last round we won in four sets,” she said. “So at least kahit mabagal ang pace straight sets pa rin.” All thanks to another superb effort by Gervacio, who finished the first round at the third spot in scoring behind Alyssa Valdez of Creamline and Pocari Sweat’s Myla Pablo.     “Siguro I wasn’t aware also (of my stats) kasi coming into Open Conference ni-remind din ako ng mga coaches namin na we want you to step up and be one of the leaders inside the court,” said Gervacio.   However, Gervacio, who is second in attack efficiency (33.76%) behind Valdez (40.46%) after the first seven games and in the top 10 in service and digs, is not too keen on chasing individual glory but would rather play her role well to bring glory to BanKo.         “I think its cherry on top, the main goal naman is to finish no. 1,” she said.   --- Follow this writer on Twitter, @fromtheriles.....»»

Category: sportsSource:  abscbnRelated NewsOct 24th, 2018

Economic execs turn cautious on targets

THE DEVELOPMENT Budget Coordination Committee (DBCC) on Tuesday slashed economic growth and fiscal goals and raised inflation forecasts in the face of tighter credit conditions, rising oil prices and a worsening Sino-US trade row. The post Economic execs turn cautious on targets appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsOct 16th, 2018

Window of opportunity narrowing on global growth – IMF

NUSA DUA, Indonesia – The window of opportunity to keep global growth on track is "narrowing" amid trade disputes and emerging markets crises, the IMF said Saturday, October 13, and cautioned against currency wars as a US-China spat threatens to boil over. The warning from the International Monetary ........»»

Category: newsSource:  rapplerRelated NewsOct 13th, 2018

US-China surplus hits record $34B

ADDING FUEL TO TRADE WAR China’s overall export growth accelerated BEIJING — China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 percent over a year earlier despite a worsening tariff war. Exports to the United States rose to $46.7 billion, […].....»»

Category: newsSource:  tribuneRelated NewsOct 12th, 2018

Philippine trade year-on-year performance (August 2018)

THE COUNTRY’s merchandise trade deficit lingered above the $3-billion mark for the fifth straight month this year in August as a pickup in export growth that month failed to offset a slower increase in imports, according to data the Philippine Statistics Authority (PSA) reported on Wednesday. The post Philippine trade year-on-year performance (August 2018) appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 10th, 2018

August merchandise export growth fails to stem trade deficit

THE COUNTRY’s merchandise trade deficit lingered above the $3-billion mark for the fifth straight month this year in August as a pickup in export growth that month failed to offset a slower increase in imports, according to data the Philippine Statistics Authority (PSA) reported on Wednesday. The post August merchandise export growth fails to stem trade deficit appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 10th, 2018

Philippines’ trade deficit stays above $3 billion for 5th straight month

MANILA—The Philippines‘ trade deficit stayed well above $3 billion for the fifth month in a row in August as sustained purchases of capital goods to feed the government’s infrastructure overhaul kept import percentage growth at double-digits, outpacing exports. While the infrastructure investment bodes well for the Southeast Asian economy in the long term, economists say the […] The post Philippines’ trade deficit stays above $3 billion for 5th straight month appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsOct 10th, 2018

Trade gap widens to $3.55B in July

The trade deficit widened to $3.55 billion in July, the government reported on Tuesday, as double-digit imports growth outpaced an exports recovery. Total external trade in goods hit $15.25 billion, the Philippine Statistics Authority (PSA) said, up 17.5 percent from a year earlier. Total exports grew by 0.3 percent to $5.85 billion while imports surged [...] The post Trade gap widens to $3.55B in July appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 11th, 2018

Philippine trade gap widens in July amid lackluster export growth

The Philippines’ trade deficit swelled in July, the government’s statistics agency reported Tuesday, after exports barely grew during the month while imports continued its accelerated growth pace......»»

Category: financeSource:  philstarRelated NewsSep 11th, 2018

China’s record trade surplus with US adds fuel to trade war

BEIJING — China’s trade surplus with the United States widened to a record in August even as the country’s export growth slowed slightly, an outcome that could push President Donald Trump to turn up the heat on Beijing in their cantankerous trade dispute. The post China’s record trade surplus with US adds fuel to trade war appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 10th, 2018