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How we wish our next secretary of the Department of Trade and Industry (DTI) would be known as the champion and booster of Philippine exports,” someone mused in a conversation last week. He was coming from the…
MANILA, Philippines – The Philippines will start exporting okra or lady’s fingers to South Korea, the Department of Agriculture (DA) said. “After the resumption of okra exports to Japan last year, we are opening yet another market…
The value of goods exported and imported by the Philippines in August fell by more than a fifth due to still weak global demand caused by the COVID-19 pandemic. The latest preliminary external trade data released by…
The Department of Finance said that the US-China trade war had not made it “easy” for the Philippines, but expressed confidence that the country could withstand the impact. said during the question-and-answer portion of the Pre-State of…
MANDAUE CITY—A close relationship between the Philippines and China would benefit the country’s economy, Speaker Gloria Macapagal Arroyo said. Arroyo was in Cebu Friday for several events including the blessing and inauguration of the All Prime International…
WASHINGTON — The Trump administration has imposed restrictions on technology exports to a state-supported Chinese semiconductor maker, citing national security grounds amid a mounting tariff battle. The controls imposed Monday on Fujian Jinhua Integrated Circuit Co. reflect…
Merchandise exports in April declined at its fastest pace in four months but imports continued to post robust growth, said to be supportive of domestic manufacturing and the country’s ambitious infrastructure program, the government reported on Friday.…
An official of the Philippine Exporters Confederation, Inc. (Philexport) in Cebu sees bright prospects for the export sector in 2018 on the back of the country’s robust economic performance, among other factors. Federico Escalona, executive director…
United Nations — A proposed new UN sanctions resolution would significantly increase economic pressure on North Korea to return to negotiations on its nuclear and missile programs by banning mineral and seafood exports worth over $1 billion…
Amid a weak global market, exporters are encouraged to temporarily focus on the domestic market and explore opportunities in emerging markets such as countries in the Asean, European Union, Australia and South America. “We can tap their…
After a recorded slump in Central Visayas exports in 2015, Cebuano exporters are encouraged to sell fast-moving consumer goods in mainstream markets in the United States. Fast-moving consumer goods are relatively low cost goods, which include processed…
Adouble-digit decrease in export sales from Central Visayas was possible in 2015, given that global demand continued to be weak and major export markets have been reeling from external headwinds as well. Cebu exporters, however, remained “cautiously…
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