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Posts tagged with "trade"

Clarion Call

Clarion Call

Feb. 29 | To be honest, I thought the COVID-19 crisis would start slowing down right about now, particularly when the number of daily new cases in China began to decline slightly. But, of course, there was no reason to let our guard down.   As I write this,...

PH Oct trade weakens further as imports enter seventh month of decline

PH Oct trade weakens further as imports enter seventh month of decline

Dec. 10 | Image from Pixabay. Philippine merchandise trade registered its seventh consecutive month of decline in October 2019 as imports continued its decline during the period, data from the Philippine Statistics Authority (PSA) showed. PSA said total merchandise...

Understanding Incoterms 2020

Understanding Incoterms 2020

Dec. 6 | Want to avoid costly disputes and misunderstandings in sales contracts? Sign up for the “UNDERSTANDING INCOTERMS 2020” seminar on December 18 (Wednesday), 2019 at the Solaire Resort (The Forum 1 ABC), from 1:30-5pm. The seminar will help stakeholders...

PH travel goods win zero tariff under expanded US GSP program

PH travel goods win zero tariff under expanded US GSP program

Jul. 1 | Starting July 1, 2017, Philippine-made travel goods such as bags and wallets can enter the U.S. market with zero tariff after the Office of the United States Trade Representative approved the Philippine government’s petition to expand the U.S. Generalized...

Robust exports, imports push up March PH trade by 23%

Robust exports, imports push up March PH trade by 23%

May. 15 | The Philippines recorded a 22.7% growth in trade for March this year, following notable progress in exports and imports. Total trade value in March 2017 grew to US$13.5 billion, with imports and exports rising 24% and 21%, respectively, the Philippine...

PH trade expands 5.8% in 2016 on robust imports

PH trade expands 5.8% in 2016 on robust imports

Feb. 12 | Philippine merchandise trade grew 5.8% in 2016, backed by double-digit growth of imports that offset export decline, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, the country’s...

PH local trade still on an upswing in Q3

PH local trade still on an upswing in Q3

Jan. 27 | The Philippines’ domestic trade continued its growth with 4.09 million tons booked in the third quarter of 2016, or 21.4% higher than the 3.37 million tons recorded in the same period of 2015, according to the Philippine Statistics Authority (PSA). Similarly,...

PH domestic trade swings to black in first quarter

PH domestic trade swings to black in first quarter

Jul. 18 | The Philippines’ domestic trade increased 7% during the first quarter of 2016 to 5.36 million tons from 5.01 million tons in the same quarter in 2015, according to the Philippine Statistics Authority (PSA). In its latest data, PSA said total value of...

Aquino approves 3-year Philippine Export Development Plan

Aquino approves 3-year Philippine Export Development Plan

Feb. 15 | President Benigno Aquino III has approved the Philippine Export Development Plan (PEDP) for 2015 to 2017 that sets exports growth target of 8 to 9% to reach the $100-billion goal this year. Aquino signed Memorandum Circular No. 9 on Feb. 4 pursuant to...

NCR, Eastern Visayas lead in PH domestic trade

NCR, Eastern Visayas lead in PH domestic trade

Jul. 8 | Domestic trade transactions in the Philippines dropped 2.4% to 5.01 million tons first quarter of 2015 from 5.13 million tons in the same period last year, according to the Philippine Statistics Authority (PSA). The total value of commodities that flowed...