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Trade deficit narrows in February

The Philippines posted its narrowest trade deficit in five months in February as exports grew at a faster pace than imports, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Trade deficit narrows to $4 billion in December

The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Trade gap expected to widen further

The Philippines’ trade deficit is expected to widen further this year amid weaker exports and stronger imports, according to Dutch financial giant ING......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Meat imports up 3 percent in Q1

The country’s meat imports grew by three percent to over 270,000 metric tons in the first quarter on the back of higher pork purchases, latest government data showed......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Rice imports as of mid-March 886,963 MT

The country’s rice imports as of mid-March have surpassed the total volume recorded in the entire first quarter of last year by a double-digit rate, to over 880,000 metric tons, government data showed......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Salt imports decline as local output improves

The country’s salt imports decreased to 84 percent of total requirements last year from 90 percent in 2022 as local production improved, a ranking official of the Bureau of Fisheries and Aquatic Resources said......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

‘Imports, SRA made future worse for RHI unit’

Sugar and ethanol producer Roxas Holdings Inc. (RHI) took a major hit as increased imports and an alleged instruction from the government to stop refining led to the closure of its wholly owned subsidiary......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

‘Pork prices to go up as DA limits imports’

Limiting imports under lower tariff rate could drive pork prices higher as micro, small and medium enterprises would lose access to “cheaper” imported stocks, meat importers warned yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

2024 rice imports hit 570,000 MT

The country’s rice imports have reached almost 570,000 metric tons as of mid-February, surpassing the total imported volume in the first two months of last year by over 40 percent......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Fertilizer imports hit 3-year high in 2023

Fertilizer imports last year expanded by almost a fifth to a three-year high of over 2.5 million metric tons as global prices of the farm input declined at a double-digit pace......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Philippines’ estimated rice imports rise by 100,000 MT — USDA

In a data report released on Friday, the USDA has increased its estimates for Philippine rice imports in 2024 to 3.9 million MT, higher than the 3.8 MT million forecast last January. .....»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Keeping Magnolia at Bey

The theory is if the opposing imports cancel each other out, then the locals will decide the outcome of the PBA Commissioner’s Cup Finals. But what if the imports don’t perform as expected, can the locals carry the load?.....»»

Category: sportsSource:  philstarRelated NewsFeb 6th, 2024

Filipino imports shine in action-packed Japan B. League weekend

Kai Sotto scores a season-high 16 points, while Matthew Wright puts up back-to-back 20-plus-point performances as Filipino imports impress in the Japan B. League.....»»

Category: newsSource:  rapplerRelated NewsJan 28th, 2024

DA: Suspension of onion imports depends on actual production

The suspension of onion imports is only conditional and still depends on actual production this crop season, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024

Onion prices plunge; DA suspends imports

The Department of Agriculture has ordered the suspension of onion imports as the farmgate price of white onions went down to P18 per kilo amid the flooding of imported bulbs......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

DA halts onion imports as oversupply drives prices down

The Department of Agriculture on Friday ordered the suspension of onion imports until May, citing abundant supply of onions in the country......»»

Category: financeSource:  philstarRelated NewsJan 19th, 2024

Tale of two imports

Rain or Shine’s Tree Treadwell is cut from a different mold that’s typical of imports playing in the PBA......»»

Category: sportsSource:  philstarRelated NewsJan 15th, 2024

PHL coco exports grow 78%

Exports of coconut oil and other coconut by-products reached an unprecedented level of $1.57 billion, 78 per cent more than last year’s value of $884 million, records of the Philippine Coconut Authority show......»»

Category: newsSource:  thenewstodayRelated NewsApr 10th, 2024

Trade deficit narrows in January

The Philippines posted a smaller trade deficit of $4.22 billion in January as exports picked up, preliminary data from the Philippine Statistics Authority showed......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024