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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......»»
Excise tax collection declines to P292 billion
Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»
Israel sees decrease in foreign trade in 2023
Tel Aviv [Israel], January 23 (ANI/TPS): Israel's Central Bureau of Statistics (CBS) reported on Israel's foreign trade in 2023 as compared to 2022. The countries to which exports of goods (excluding diamonds) from Israel had the largest increases in 2023 were Morocco, Egypt, Hungary, Romania, Uruguay, Lithuania, Hong Kong and Poland. In contrast, the countries with the largest decreases in exports from Israel were Malays.....»»
Israel sees decrease in foreign trade in 2023
Tel Aviv [Israel], January 23 (ANI/TPS): Israel's Central Bureau of Statistics (CBS) reported on Israel's foreign trade in 2023 as compared to 2022. The countries to which exports of goods (excluding diamonds) from Israel had the largest increases in 2023 were Morocco, Egypt, Hungary, Romania, Uruguay, Lithuania, Hong Kong and Poland. In contrast, the countries with the largest decreases in exports from Israel were Malays.....»»
Thousands of global leaders gathered in South Korea for building institutional peace
More than 1,800 people from 121 countries, including the United States, the Philippines, Ukraine, South Africa, Pakistan, Thailand, Romania, and India, attended the 9th Anniversary of the September 18th HWPL World Peace Summit held in Incheon, South Korea from September 18th to 21st......»»
High rice prices to persist until September – DA
Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»
Manila International Book Fair 2024 set for September
The Manila International Book Fair will be holding its 2024 edition from September 11 to 15......»»
RHI widens net loss to P360 million
The attributable net loss of sugar and ethanol producer Roxas Holdings Inc. (RHI) in the first quarter of its current fiscal year widened to nearly P360 million as revenues plummeted due to stoppage of its sugar and bioethanol businesses......»»
GCash widens global reach
Overseas Filipino workers may connect their GCash accounts with foreign banks by the second quarter of the year, expanding the financial services they can access in the e-wallet......»»
Customs seizes P18 billion smuggled goods in Q1
The Bureau of Customs confiscated P18 billion in smuggled goods in the first quarter as the entry of illegal items into the country remains a problem......»»
Presyo Merkado: Current prices of food in Metro Cebu markets
Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines —It is almost payday! What are you planning to buy in the market? You may check the prices of goods and commodities.....»»
Nestle, Danone see price hikes slowing after years of sharp increases
LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for basic goods like yoghurt and coffee. But Danone, which owns brands including Evian and Badoit waters and Activia.....»»
BFAR urges traders to comply with EO on unsanitary transport of wet goods
CEBU CITY, Philippines- The Bureau of Fisheries and Aquatic Resources (BFAR) has commended Cebu Governor Gwendolyn Garcia for issuing an executive order that prohibits the entry of vehicles transporting wet goods from unsanitary conditions within the territorial jurisdiction of the province of Cebu. BFAR-7 Provincial Fishery Officer Joel Clapano urged stakeholders and fish traders to.....»»
Pasil fish traders upset over Gwen’s wet goods transport policy
CEBU CITY, Philippines- Several fish traders at the Pasil Fish Port are complaining regarding a new policy of the Cebu Provincial Government which prohibits the entry of vehicles transporting wet goods from unsanitary conditions within the territorial jurisdiction of the province of Cebu. The policy, outlined in Executive Order (EO) No. 2 issued by Governor.....»»
Expired canned goods, poultry wastes unearthed in the farm of Palompon mayor
ORMOC CITY, Leyte —Tons of poultry wastes and expired canned goods, believed to be intended as donations for Yolanda victims, were unearthed from a farm in Palompon, Leyte, reportedly owned by the town’s mayor, Ramon Oñate. On Sunday, January 21, 2024, the Department of Environment and Natural Resources (DENR) Region 8 spearheaded the excavation of.....»»
Marcos hopes for Philippines-EU FTA by 2027
President Marcos is hoping to conclude negotiations for a free trade agreement between the Philippines and the European Union by 2027 that is seen to further boost trade and investments between the country and the EU......»»
EDITORIAL - Foreign trade barriers
Instead of declaring war on pollster Pulse Asia over its latest survey showing 88 percent of Filipinos opposing Charter change, congressmen can read the report of the office of the US Trade Representative, which details foreign trade barriers in 59 markets including the Philippines......»»
‘Trade with China should continue’
The Philippines should continue to pursue stronger trade ties with China despite rising tensions in the West Philippine Sea, according to the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. and the Department of Trade and Industry......»»
NZ-EU FTA gains Royal Assent for 1 May entry to force
The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand's ratification of its free trade agreement with the European Union. "I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union of our ratification of the New Zealand European Union Free Trade Agreement (NZ-EUFTA)......»»
Malaysia holds historic biz market footprint in city
CONSIDERING the business climate and unique geographic position of Davao City, the Malaysia External Trade Development Corporation (Matrade) under the trade promotion agency of the Ministry of Investment, Trade and Industry (MITI) has set a historic business market footprint in the city through the Market Immersion Mission, making Davao one of their smart cities in the country, alongside the Philippine’s capital region, Manila......»»