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DTI confident of meeting export target by 2022

The country remains on track to meet the total exports goal of $122 billion to $130 billion by 2022, with outbound merchandise shipments seen to recover and grow in the subsequent quarters as the government addresses core issues affecting exporters and promotes other products to diversify exports......»»

Category: financeSource:  philstarRelated NewsMay 10th, 2019

Philippine trade year-on-year performance (March 2019)

MERCHANDISE TRADE remained a drag on overall economic growth last quarter, as export receipts declined for the fourth straight month in March while import payments continued to increase. Read the full story......»»

Category: financeSource:  bworldonlineRelated NewsMay 8th, 2019

Exports fall a 4th month, widen trade gap

MERCHANDISE TRADE remained a drag on overall economic growth last quarter, as export receipts declined for the fourth straight month in March while import payments continued to increase......»»

Category: financeSource:  bworldonlineRelated NewsMay 8th, 2019

Trade gap widens in March

The country’s trade deficit in goods widened in March as exports declined while imports registered faster growth, the government reported this morning. Preliminary data released by the Philippine Statistics Authority showed the March trade deficit at $3.138 billion, higher than the $2.744 billion deficit in February and the $2.340 billion in the same month last […].....»»

Category: financeSource:  bworldonlineRelated NewsMay 8th, 2019

Goods trade up 10.5% amid large deficit with top partner China; electronics still top export

INTERNATIONAL trade in goods in 2018 totaled $182.15, up 10.5%, the Philippine Statistics Authority (PSA) said, with China, the top trading partner, accounting for 16.9% of total trade while enjoying a large surplus vis-a-vis the Philippines with exports of $22.01 billion and imports of $8.82 billion......»»

Category: financeSource:  bworldonlineRelated NewsMay 6th, 2019

PH exports seen to grow by 12-15% in 2018

The Department of Trade and Industry (DTI) is targeting a 12-to 15-percent growth in merchandise exports next year, hoping the export industry will continue its recovery. Read More........»»

Category: newsSource:  filipinoexpressRelated NewsApr 28th, 2019

Trade remains challenging; factory output picks up

MERCHANDISE TRADE will remain a drag in the calculation of the country’s economic growth, as export receipts contracted in November 2016 while the import bill continued to increase......»»

Category: newsSource:  bworldonlineRelated NewsJan 10th, 2017

BLOGTABLE: Will Warriors make another push for 73 wins?

em>NBA.com blogtable /em> Through 35 games, the Warriors are just three games off their 73-win pace from 2015-16. Do you think they will finish below last season’s win total, match last season’s win total or exceed it … and why? strong>David Aldridge: /strong> em> strong>Below. Likely well below /strong> /em>. I get the sense that Steve Kerr believes the pursuit of 73 last season, while understandable and perhaps even correct given the unique circumstances, cost his team a lot of emotional energy going into the playoffs. So I suspect he'll rest a lot of his starters down the stretch in April to make sure they're ready for a long postseason run. I am absolutely sure they will not 'go for it' again just for the sake of chasing the record. strong>Steve Aschburner: /strong> em> strong>Golden State doesn’t want to win 73 games or more /strong> /em>. That 73-9 record – a tremendous achievement last season – wound up getting them mocked as much as anything when they didn’t finish off with the NBA championship. Steve Kerr & Co. don’t need that sort of attention or pressure again, and even the players who pushed last spring to eclipse the 1996 Bulls’ 72-10 mark will want to be smarter and embrace this trendy NBA notion of “rest” as a way to better prep for the postseason. strong>Fran Blinebury: /strong> em> strong>The Warriors will not reach last season’s record of 73 wins because they won’t try. /strong> /em> They saw what the pursuit of history did to them a year ago, wore them down and out and had them physically unprepared to go the distance to win a championship. A year ago Stephen Curry and Draymond Green pushed at Steve Kerr to let them go for the record. This time sanity prevails and will give the key members of his lineup plenty of rest coming down the stretch of the regular season. It’s all about Larry O’Brien Trophy or bust this time around, not chasing records. strong>Scott Howard-Cooper: /strong> em> strong>Below /strong> /em>. I’m saying massive tailspin all the way to 68 or 69 wins. The Warriors went for it last season because Steve Kerr could see his locker room really wanted the record, but that won’t happen again. Kerr made it clear from the first day of training camp that rest would be much more of a priority than a year earlier, and the same locker room is on board. Maybe that changes if they get into the final few weeks and 74 gets the heart pounding, but I doubt it. June would have been the only thing that matters anyway. But after the way the Dubs went down in flames, it matters in a special way for them. strong>Shaun Powell: /strong> em> strong>They'll finish below because Steve Kerr will begin resting players on a rotational basis come late March or early April /strong> /em>. He's already on record saying 73 or more wins means nothing to him and, I suspect, the players as well. It's championship or bust for this team, so expect to see Curry, KD, Draymond and Klay logging heavy bench time in the spring. strong>John Schuhmann: /strong> em> strong>They're not getting to 73 (and they'd probably prefer not to), but I wouldn't say that 70 is out of the question /strong> /em>. The Warriors have four of the 20 best players in the league and could rest one of those four guys every game from here on out and still have more talent their opponent most nights. So, more than any other team we've ever seen, they can make their health and energy in April, May and June their No. 1 priority and still win a lot of games in January, February and March. strong>Sekou Smith: /strong>I'm convinced the Warriors learned a lesson from last season in regards to chasing numbers during the regular season. As fun as it might have seemed at the time, that 73-win chase didn't produce the desired results in the playoffs. em> strong>So I say they finish below last season's win total. Why bother with an attempt at breaking your own record when you can keep your focus on the real prize? /strong> /em> They don't hand out Larry O'Brien trophies for the best team in the regular season. strong>Ian Thomsen: /strong> em> strong>They're going to finish short because winning 73 isn't their goal. /strong> /em>And it should not be. The only thing that matters for this group – and for Kevin Durant in particular – is prevailing in the playoffs. The regular season is very simply a means to that end. strong>Lang Whitaker: /strong> em> strong>Below. And if they accidentally mess around and start winning even more games and look like they’re on track to get near 73, I suspect they might self-sacrifice the effort and start sitting guys down the stretch. /strong> /em> Because if we learned anything from last season, as great as it was for the Warriors to finish with 73 wins, the only numbers anyone cares about is 3-1. And for Golden State, getting back to the Finals as healthy and rested as possible should be the goal. .....»»

Category: sportsSource:  abscbnRelated NewsJan 5th, 2017

As imports continue to outpace exports trade deficit widens in Oct

MANILA, Philippines - Despite sustained export growth in October, the country’s trade balance remained in a deficit as imports continued to outpace outbound.....»»

Category: financeSource:  philstarRelated NewsDec 9th, 2016

Chinese ship opens new trade route via Pakistani port

GWADAR - Pakistan's top civil and military leaders on yesterday opened a new international trade route by seeing off a Chinese ship that will export goods to.....»»

Category: newsSource:  philstarRelated NewsNov 13th, 2016

Goods, service exports may not grow -- EDC

THE EXPORT Development Council (EDC) has kept its growth targets for overseas sales of both goods and services for 2016 and 2017 at 3%, but remains open to the possibility that both years may not see any growth at all, officials of the group said......»»

Category: newsSource:  bworldonlineRelated NewsNov 6th, 2016

Economy: Domestic trade up nearly 40% in second quarter

DOMESTIC trade grew nearly 40% by value in the second quarter on the back of increasing local consumption, with the growth track seen continuing for the remaining of the year......»»

Category: financeSource:  bworldonlineRelated NewsOct 13th, 2016

Manufacturing sustains growth in August

The country’s manufacturing output continued its growth in August on sustained production of capital goods and growth in volume of export-oriented products, the National Economic and Development Authority (NEDA) said......»»

Category: newsSource:  mb.com.phRelated NewsOct 11th, 2016

2016 service-merchandise exports may be flat, at best

TOTAL Philippine exports -- both services and goods -- may not grow at all this year, at best, amid muted global trade, a top private sector official of the Export Development Council (EDC) said......»»

Category: newsSource:  bworldonlineRelated NewsOct 2nd, 2016

Finance: BPI on track to hit growth goal

AYALA-LED Bank of the Philippine Islands (BPI) is on track towards hitting its growth target this year, its chief executive officer said, with the bank's less risky and more balanced portfolio seen to drive expansion......»»

Category: financeSource:  bworldonlineRelated NewsAug 28th, 2016

Weak global demand to drag down exports growth DTI

MANILA, Philippines The Department of Trade and Industry (DTI) expects to fall short of its exports growth target this year but clarifies the slowdown is n.....»»

Category: financeSource:  philstarRelated NewsJul 21st, 2016

PBA: Jones gets 40-20 and TNT rolls past Alaska

There’s no stopping Terrence Jones and TNT in the 2019 PBA Commissioner’s Cup. At least for now. Jones was dominant once again, leading the KaTropa to a big 99-85 win over Alaska Saturday at the Big Dome. After firing 41 points in his PBA debut, Jones was good for 43 points this time and TNT won a second game in as many outings. He also had 22 rebounds before getting ejected with two minutes left for two technical fouls in the game. “Our main short-term goal is to win as much as possible, especially in the early part of the conference,” said head coach Bong Ravena. “Kailangan main laging maka-panalo, hahanapin kasi namin mga talo namin sa una [late in the conference],” he added. TNT got the job done against the Aces to be on top of the standings this early. The KaTropa pulled away in the fourth, leading by as many as 19 after being only up two at the break. Jones was largely responsible for that, scoring 14 in the second quarter and another 21 in the second half to anchor the TNT offense. Jayson Castro was the top local for the KaTropa, adding 14 points, three asssists, three steals, and two blocks. Alaska got 23 from import Chris Daniels and 22 from Jvee Casio but the Aces have now lost back-to-back games for a 1-2 record. — Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated News19 hr. 37 min. ago

DTI rolls out “Diskwento Caravan” in Cebu

CEBU CITY, Philippines — The Department of Trade and Industry Cebu Province (DTI Cebu) is set to conduct a “Diskwento Caravan” as a move to enable members of marginalized communities to have access to basic goods. The Diskwento Caravan is a project of the DTI where basic necessities and prime commodities are sold at discounted […] The post DTI rolls out “Diskwento Caravan” in Cebu appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsMay 24th, 2019

OECD cuts global growth forecast

OECD cuts global growth forecast The Manila Times PARIS: The OECD on Tuesday (Wednesday in Manila) cut its forecast for the world economy, urging governments to resolve their trade disputes as the la.....»»

Category: newsSource:  manilanewsRelated NewsMay 23rd, 2019

DTI-CITEM Eyes P10.5B Sales in IFEX Philippines NXTFOOD ASIA

Two hundred two million dollars or more than 10.5 billion pesos worth of export and domestic sales are expected to be generated by around 657 local and international food exhibitors in the upcoming 13th edition of IFEX Philippines on May 24-26, 2019 at the World Trade Center Metro Manila (WTCMM) and the Philippine Trade Training […].....»»

Category: newsSource:  metrocebuRelated NewsMay 23rd, 2019