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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: philstar philstarJan 21st, 2024

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......»»

Category: newsSource:  philstarRelated NewsMay 7th, 2024

Government budget back to deficit in February

The government reverted back to a budget deficit in February after a quick surplus at the start of the year, but a narrower gap can still be expected as the tax season draws near......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

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......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

‘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......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

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)......»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsMar 12th, 2024

British chamber remains optimistic on UK-Philippines trade growth

With the total trade in goods and services reaching an all-time high of £3.0 billion, BCCP Executive Director/Trustee Chris Nelson expressed optimism on the positive growth trajectory of the UK and the Philippines’ bilateral trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

BOC creates body to solve trade woes

The Bureau of Customs has established an advisory council that aims to address trade bottlenecks and enhance trade facilitation among importers and business groups amid a changing global environment......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

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.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Packaging trade show to support MSME development efforts – DTI

The Regional Operations Group of the Department of Trade and Industry expressed support for the upcoming ProPak Philippines trade show, emphasizing its potential to offer opportunities for innovation and improvement in product processing and packaging to micro, small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsJan 13th, 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

Domestic trade expected to improve this year

Domestic trade is seen improving this year on expectations of strong economic activity and continued slowdown in inflation, according to economists......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Philippines still interested in CPTPP membership

The Philippines is still interested in becoming a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as the membership is expected to create new relations with economies outside the country’s existing bilateral free trade deals, according to Trade Undersecretary Allan Gepty......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

MCWD water production drops further

MCWD water production drops further.....»»

Category: newsSource:  sunstarRelated NewsMay 16th, 2024

MPUJ operators ask Cebu City to study SRP proposal further

MPUJ operators ask Cebu City to study SRP proposal further.....»»

Category: newsSource:  sunstarRelated NewsMay 8th, 2024

Comelec mulls further limiting substitution due to withdrawal 

Comelec mulls further limiting substitution due to withdrawal .....»»

Category: newsSource:  sunstarRelated NewsMay 4th, 2024

Hamas sends delegation to Egypt for Hamas for further ceasefire talks

Hamas sends delegation to Egypt for Hamas for further ceasefire talks.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

No classes in Cebu province due to extreme heat

CEBU CITY, Philippines — All classes in Cebu province are suspended beginning Friday, April 5 until further notice as the summer heat became risky for teachers and students to go out. Governor Gwendolyn Garcia on Friday issued a memorandum, directing local governments under the province’s jurisdiction to cancel all classes until further notice. READ MORE:.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Insurance penetration rate slips further to 1.6 percent

The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024