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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,.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

Philippines total external trade drops by 5.4 pct in November

MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Toral: Philippine economy continues to expand amidst external pressures

Toral: Philippine economy continues to expand amidst external pressures.....»»

Category: newsSource:  sunstarRelated NewsMay 18th, 2024

Toral: Philippine economy continues to expand amidst external pressures

Toral: Philippine economy continues to expand amidst external pressures.....»»

Category: newsSource:  sunstarRelated NewsMay 17th, 2024

Chinese economy to moderate in 2024: ADB

Manila [Philippines], April 12 (ANI): The Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB). The growth in the Asian economy is projected to moderate from a 5.2 per cent expansion last year. An uncertain external macroeconomic environme.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Coast guard ship visit highlights shared problems for PH, India — external affairs minister

The arrival of the Indian pollution control vessel in Manila brought attention to the shared challenges in marine pollution encountered by both India and the Philippines, according to India’s external affairs minister......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

India’s external affairs minister to visit Philippines

India’s Minister of External Affairs Subrahmanyam Jaishankar will undertake his second visit to the Philippines from March 25 to 27, the Department of Foreign Affairs said......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Further improvement in Philippines external position seen

The Bangko Sentral ng Pilipinas (BSP) sees a further improvement in the country’s external payments position this year due to a likely higher balance of payments (BOP) surplus and a narrower current account (CA) deficit......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

LT Group optimistic on outlook

LT Group Inc. (LTG) of taipan Lucio Tan is keeping a bullish outlook despite expecting some macroeconomic headwinds this year......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

Remittances plummet to 9-month low in February

Money sent home by overseas Filipino workers went down to its lowest level in nine months in February amid global economic headwinds, data from the Bangko Sentral ng Pilipinasshowed......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

CNPF net income up by 12 percent in 2023

Century Pacific Food Inc., the Po family’s listed food and beverage firm, overcame headwinds from inflationary environment last year to finish with a double-digit profit growth, driven by a strong performance of its branded business......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

6-day, 680-kilometer run to help Negros Occidental kids with cancer ends

The group completes the five-leg run six days later after braving hot days, then rain and strong headwinds.....»»

Category: newsSource:  rapplerRelated NewsJan 27th, 2024

Government sticks to 6.5-7.5 percent growth target for 2024

Despite global and domestic headwinds, the government is still aiming to attain a 6.5 to 7.5 percent economic growth for this year, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

East Asia and Pacific to see moderate growth

The East Asia and the Pacific region is expected to have moderate growth this year amid headwinds from tight financial conditions and geopolitical rifts, according to a new report from the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Economy to expand at faster pace in 2024

The Philippine economy is expected to grow at a faster pace this year than in 2023 despite headwinds, but the growth will be below the government’s target, according to First Metro Investment Corp.......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

World Bank downgrades Philippine GDP projections for 2024 and 2025

The World Bank downgraded its GDP projections for the Philippines in 2024 and 2025 due to “various headwinds facing private investment”, like the effects of higher interest rates and “rising indebtedness.”.....»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

PMA recalibrates curriculum toward graduates readiness vs external threats

From being Bachelor of Science in National Security Management degree holders, next year’s graduates at the Philippine Military Academy (PMA) would become Bachelor degree holders for Management majors in National Security Studies......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

Philippines gross int l reserves level settles at 103.4 bln USD in April

MANILA, May 7 (Xinhua) -- The Philippines' gross international reserves (GIR) decreased to 103.4 billion U.S. dollars at the end of April from 104.1 billion dollars at the end of March, the Philippine central bank said Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the latest GIR level represents a more than adequate external liquidity buffer equivalent to 7.7 months' worth of imports of goods and payments.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

BSP to be more cautious on lowering rates – S& P

The Bangko Sentral ng Pilipinas, along with other emerging market central banks, would be more cautious about cutting borrowing costs this year amid external risks, according to S&P Global Ratings......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024