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Due to increased local production, the Philippines might buy less rice from abroad despite a slight rise in consumption caused by a weaker El Niño. According to a report by the US Department of Agriculture’s Foreign Agricultural…
MANILA —The Philippines experienced its smallest trade deficit in December 2023 in four months, as exports saw a slight decrease and imports turned negative. The country’s trade balance shifted to a $4.01 billion deficit, marking an 11…
MANILA, Philippines — The Foundation for Economic Freedom (FEF) has called on the Marcos administration to temporarily lift or at least cut import tariffs on rice to check surging prices of the staple grain and avert a possible “full-blown…
The Bureau of Plant Industry (BPI) is exploring ways to counter the rising retail prices of onion in the markets, including importation. Jose Diego Roxas, spokesperson for the BPI, told the Inquirer in a text message that the agency…
The Philippines will have to import as much as 3.4 million metric tons (MT) of rice next year to meet the anticipated shortage of the staple. “We will need to import between 3 [million MT] [and] 3.4…
MANILA, Philippines — Private firms can now import COVID-19 vaccines “at will” amid the alarming surge of COVID-19 cases, President Rodrigo Duterte announced in a pre-recorded briefing that was televised Monday night. “I have ordered Sec Galvez…
Cebu City, Philippines—African student-athlete Tosh Sesay is all fired up after being cleared to play for the University of Cebu (UC) in their semifinal matchup with defending champion University of the Visayas (UV) on Thursday, November 14,…
San Miguel is expected to parade a new import when it plays Rain or Shine in a PBA Governors’ Cup game in Cebu on Saturday, November 9, 2019, at the Hoops Dome in Lapu-Lapu City. The Beermen…
CEBU CITY, Philippines —Despite not being able to help his team in a Cesafi men’s basketball game on Saturday, October 5, 2019, due to uniform issues, University of Southern Philippines Foundation (USPF) Panthers foreign student athlete Sameen…
Manila, Philippines—San Miguel Beer is leaving nothing to chance in its bid to complete the second PBA Grand Slam for the franchise, tapping seasoned Dez Wells for the Governors’ Cup tentatively set to open on Sept. 20,…
Cebu City, Philippines—The University of San Jose-Recoletos (USJ-R) Jaguars will be parading a new foreign student athlete when the brand new season of the Cesafi men’s basketball tournament comes off the wraps on August 31, 2019, at…
PHILIPPINE companies sold $124 million worth of sales in China’s first import expo, hitting twice the target earlier set by the Department of Trade and Industry (DTI). In a statement issued on Monday, DTI noted that it…
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