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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,.....»»
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.....»»
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.....»»
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.....»»
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......»»
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.....»»
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......»»
China urges Philippines to stop provocations in South China Sea
BEIJING, April 1 (Xinhua) -- China urges the Philippines to immediately stop violating China's sovereignty and its provocations on Ren'ai Jiao, and return to observing the spirit of the Declaration on the Conduct of Parties in the South China Sea (DOC), Chinese foreign ministry spokesperson Wang Wenbin said on Monday. Wang made the remarks when asked to comment on a statement made by the Philippine department of.....»»
China gets increasingly rambunctious in South China Sea
Hong Kong, April 1 (ANI): Chairman Xi Jinping, as part of his hardening stance against the Philippines, has obviously instructed agencies like the China Coast Guard (CCG), which is directly under his command, to demonstrate greater vigor in the South China Sea. Indeed, Second Thomas Shoal has emerged as a potent flashpoint in the South China Sea, a submerged reef situated 194km west of the Philippine island of Palawan. Th.....»»
China coastguard uses water cannons against Philippine ships in South China Sea
MANILA/SHANGHAI (Reuters) -China’s coastguard said it had taken measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippines decried the moves, including the use of water cannons, as “irresponsible and provocative”. China’s actions led to “significant damage” and injury to personnel on a civilian boat hired to resupply.....»»
China says it opposes Philippine construction on Nansha Islands
China firmly opposes the Philippine side conducting any form of construction activity on the islands and reefs of China's Nansha Islands that it invaded and illegally occupied, a spokesperson for China's Defense Ministry said Thursday. "China has indisputable sovereignty over the Nansha Islands and the adjacent waters, which is fully backed by historical and legal evidence," Wu Qian, a spokesperson for the.....»»
China says it opposes Philippine construction on Nansha Islands
China firmly opposes the Philippine side conducting any form of construction activity on the islands and reefs of China's Nansha Islands that it invaded and illegally occupied, a spokesperson for China's Defense Ministry said Thursday. "China has indisputable sovereignty over the Nansha Islands and the adjacent waters, which is fully backed by historical and legal evidence," Wu Qian, a spokesperson for the.....»»
Philippines to improve 9 of its islands in South China Sea
MANILA, The Philippines: The Philippines is set to enhance the habitability of islands it considers part of its territory in the South China Sea, according to Romeo Brawner, Manila's military chief. These plans are unfolding amid escalating tensions between the Philippines and China, as both nations claim South China Sea territory and have accused each other of provocative actions in the region. Apart fr.....»»
Philippines to enhance habitability of its islands in South China Sea
MANILA, The Philippines: The Philippines is set to enhance the habitability of islands it considers part of its territory in the South China Sea, according to Romeo Brawner, Manila's military chief. These plans are unfolding amid escalating tensions between the Philippines and China, as both nations claim South China Sea territory and have accused each other of provocative actions in the region. Apart fr.....»»
Steps taken by China in South China Sea destabilizing – US
Steps taken by China in the South China Sea that were coercive and against international law are “destabilizing” and “deeply unacceptable,” a ranking State Department official said yesterday......»»
Philippines announces decisive measures amid tensions with China
Manila [Philippines], March 28 (ANI): Amid the escalating tensions in the South China Sea, Philippine President Ferdinand R Marcos Jr has announced decisive measures to protect his country's sovereignty and maritime rights while ensuring peace and stability in the Indo-Pacific. Marcos, known as Bongbong, said that the measures, aimed at addressing what he said is the "open, unabating, and illegal" actions by China's Coast.....»»
Philippines, Vietnam to boost SCS cooperation, incident prevention
The Philippines and Vietnam yesterday agreed to boost cooperation between their coast guards and to prevent untoward incidents in the disputed South China Sea in light of Beijing’s continued aggression in one of the world’s most important trade routes......»»
BOC creates body to solve trade woes
The Bureau of Customs has established an advisory council that aims to address trade bottlenecks and enhance trade facilitation among importers and business groups amid a changing global environment......»»
Indian Coast Guard ship docks at Manila port amid tensions in South China Sea
Manila [Philippines], March 26 (ANI): Amid tensions in the South China Sea, the Indian Coast Guard ship, Samudra Paheredar docked at the Manila Bay in the Philippines as part of a broader initiative aimed at demonstrating ICG Marine Pollution Response capabilities, the Ministry of Defence (MoD) said in an official release on Tuesday. The ICG ship which arrived at the port on Monday, is on an overseas deployment to ASEAN c.....»»
Trade gap widens to $4.69 billion in November
The country’s trade deficit in November widened to a seven-month high as imports left negative territory, while exports continued to decline......»»