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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......»»
Philippines eyes $3.82 million sales from German trade fair
The Philippines is targeting to generate $3.82 million in sales from its participation in an international consumer goods trade fair in Germany, according to the export promotions arm of the Department of Trade and Industry......»»
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......»»
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)......»»
French Farmers Protest Unfair Competition in EU Free-Trade Agreements
French Farmers Protest Against Unfair Trade Agreements Imposed by EU French farming unions have taken to the streets to protest against free-trade agreements imposed by.....»»
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.....»»
India s neighbors adopt its digital payment system
New Delhi has launched its Unified Payment Interface in Sri Lanka and Mauritius, bolstering its influence in the region The leaders of India, Mauritius, and Sri Lanka have virtually launched New Delhi's Unified Payment Interface (UPI) system. The move allows Indian tourists to pay with the app while visiting t.....»»
Indo-Russia defense venture in talks with Saudi Arabia
BrahMos Aerospace, advanced cruise missile manufacturers, have $7bn in orders from India and other countries BrahMos Aerospace, a joint India-Russia venture which produces supersonic cruise missiles for maritime, aerial, and land-based platforms, is in talks with Saudi Arabia, TASS news agency reported citing an offic.....»»
Indo-Russia defense venture in talks with Saudi Arabia
BrahMos Aerospace, advanced cruise missile manufacturers, have $7bn in orders from India and other countries BrahMos Aerospace, a joint India-Russia venture which produces supersonic cruise missiles for maritime, aerial, and land-based platforms, is in talks with Saudi Arabia, TASS news agency reported citing an offic.....»»
Alcantara, partner ousted Chennai Open doubles tilt
Filipino tennister Francis Alcantara had an early exit in the Chennai Open ATP Challenger 2024 in India, as he and his partner, Japan's Kaichi Uchida, bowed to Taiwan's Yu Hsiou Hsu and India's Arjun Kadhe, 6-4, 6-4 on Wednesday......»»
Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25
New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»
Interim Budget: FICCI advocates measures in comprehensive budget recommendations for 2024-25
New Delhi [India], January 25 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation.....»»
Philippines beats India for back-to-back wins in women’s Asia ice hockey tiff
The Philippine women’s ice hockey team picked up where they left off after their opening win in the 2024 IIHF Women’s Asia and Oceania Cup with a 7-0 shutout of India at the Bishkek Arena in Kyrgyzstan on Wednesday......»»
DMK criticises Election Commission for being biassed in allocating symbols to political parties
Chennai (Tamil Nadu) [India], March 28 (ANI): The Deputy Secretary of the Student Wing of Dravida Munnetra Kazhagam (DMK), Ka Amutharasan, has accused the Election Commission of India (ECI) of having a biassed attitude towards opposition parties by allocating election symbols as per their wishes. "ECI has allocated the symbols for the Tamil Manila Congress and Amma Makkal Munnetra Kazhgam that those parties wished for. Th.....»»
India backs Philippines in dispute with China
New Delhi has drawn a strong response from Beijing after reiterating its support for Manila in a territorial dispute India has "firmly reiterated" its support for the Philippines and its "national sovereignty," as Manila remains locked in a territorial dispute with Beijing in the South China Sea. Ten.....»»
India backs Philippines in sea dispute with China
New Delhi has drawn a strong response from Beijing after reiterating its support for Manila in a territorial dispute India has "firmly reiterated" its support for the Philippines and its "national sovereignty," as Manila remains locked in a territorial dispute with Beijing in the South China Sea. Ten.....»»
Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
Karan Johar set to host 71st Miss World
Mumbai (Maharashtra) [India], March 6 (ANI): The upcoming 71st Miss World pageant is all set to unfold in India after a 28-year hiatus. Filmmaker Karan Johar will host the prestigious event. Miss World's official Instagram handle announced this news on Tuesday and captioned the post, "We are honored to announce that Karan Johar @karanjohar, a renowned Indian filmmaker, will host the 71st Miss World Festival. He has been t.....»»
India orders BrahMos cruise missiles worth $2.3bn
The government has approved the purchase of 200 of the supersonic weapons, which were co-developed with RussiaNew Delhi's Cabinet Committee on Security cleared the acquisition of 200 BrahMos extended-range supersonic cruise missiles on Wednesday. The new weapons, developed jointly by India and Russia, are to be purchased for around 190 billion rupees ($2.3 billion). They will be mounted on warsh.....»»
India orders BrahMos cruise missiles worth $2.3bn
The government has approved the purchase of 200 of the supersonic weapons, which were co-developed with RussiaNew Delhi's Cabinet Committee on Security cleared the acquisition of 200 BrahMos extended-range supersonic cruise missiles on Wednesday. The new weapons, developed jointly by India and Russia, are to be purchased for around 190 billion rupees ($2.3 billion). They will be mounted on warsh.....»»