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TR4 disease, logistics issues prune banana exports last year

The Philippines is expected to have posted declines in banana exports last year due to the spread of the Banana Fusarium Wilt Tropical Race 4 disease as well as logistical challenges, according to a report by the Food and Agriculture Organization of the United Nations......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Exports expected to gradually recover this year

The Philippines is expected to see an improvement in exports this year, but the recovery would be gradual, according to think tank Oxford Economics......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Philippines pineapple exports grew by 5 percent in 2023

Pineapple exports from the Philippines are seen to have increased by five percent last year, according to the Food and Agriculture Organization of the United Nations......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Seafood exports from far eastern Russia soaring

The region supplied nearly 2 million tons of fish products to twenty countries last year Russia's seafood exports from the fish-rich Far Eastern Primorsky and Sakhalin regions surged by over 70% last year, data published by the Russian regulator responsible for food safety, Rosselkhoznadzor, showed on Thursday.  .....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Russia s seafood exports soaring

Moscow supplied nearly 2 million tons of fish products to twenty countries last year Russia's seafood exports from the fish-rich Far Eastern Primorsky and Sakhalin regions surged by over 70% last year, data published by the Russian regulator responsible for food safety, Rosselkhoznadzor, showed on Thursday.  .....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Russia boosting trade with fellow BRICS nation

Turnover with Brazil nearly doubled in December as the South American country ramps up imports of commodities from Moscow Trade between Russia and Brazil surged to record volumes in December despite Western sanctions as fellow BRICS countries continue expanding economic ties, RIA Novosti reported this week.  .....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Infrastructure spending hits lowest level in November

Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Remittances ease to $3 billion in November

Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Bank credit growth slows anew in November

The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Banks’ NPL ratio eases to 3.41 percent in November

The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Tighter control over rice imports, direct buying from farmers eyed

The Department of Agriculture is seeking tighter control over the rice industry by restricting imports during harvest seasons and inspecting warehouses of traders and importers......»»

Category: financeSource:  philstarRelated NewsApr 30th, 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