Import duties, taxes up in October

Ben O. de Vera 11/04/2020

  The Bureau of Customs (BOC) collected P50.9 billion in import duties and other taxes in October, exceeding its downscaled revenue goal for the fifth straight month. While the BOC’s actual collection was 5.2-percent higher than the…

Exports, imports still sliding

Ben O. de Vera 10/10/2020

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…

Imports to spice up Cesafi slam-dunk competition

Brian Mikhael J. Ochoa 11/01/2019

Mandaue City, Cebu—Expect the slam dunk competition of this year’s Cesafi All-Star break to be action packed. This as foreign student-athletes will be competing in the much-awaited side event of the All-Star Games scheduled on November 10,…

China suspends Canadian meat imports amid Huawei dispute

06/26/2019

TORONTO – China is suspending all meat imports from Canada amid their dispute over the Canadian detention of a top executive at the Chinese tech company Huawei. The Chinese Embassy in Ottawa said in a statement on…

PH oil imports seen rising

/INQ.net 05/27/2019

The continued delay in petroleum exploration amid an anticipated decline in Philippine output of oil and gas is driving the country to even greater reliance on imports, according to a unit of Fitch Group. “The Philippines’ oil…

Trade deficit widens in October as food imports surge

Inquirer.net 12/11/2018

THE trade deficit widened to a record $4.2 billion in October as the jump in imports, especially of food products, outpaced exports, the government reported Tuesday. This developed while the government eased importation procedures to ease high…

Trump’s tariffs on $200 B of Chinese imports kick in

AFP 09/24/2018

Donald Trump’s tariffs on another $200 billion of Chinese imports took effect Monday, with Beijing accusing Washington of “economic intimidation” as the standoff between the world’s top two economies clouds the global outlook. The latest volley against…

No more imports in Cesafi by 2021

Mars Alison 08/20/2018

The Cebu Schools Athletic Foundation Inc. (Cesafi) will no longer allow foreign players to play by the season 2021-2022. This was announced by CESAFI commissioner Felix “Boy” Tiukinhoy during a press conference at the Harolds Hotel on…

Gov’t eyes lower tariffs on meat, fish imports to address inflation

Inquirer.net 08/05/2018

SPEAKER Gloria Macapagal-Arroyo and the Duterte administration’s economic managers tackled the possible lowering of tariffs on meat and fish imports in a meeting to discuss measures to mitigate the impact of soaring inflation. “To cushion the impact…

Trade deficit widens as imports increase

Inquirer.net 02/11/2018

A SUSTAINED double-digit jump in imports and a continued decline in merchandise exports widened the trade deficit to a record-high $4.02 billion in December. Preliminary data released by the Philippine Statistics Authority (PSA) Friday showed that the…

WHO WILL IT BE?

Inquirer.net 06/19/2017

KaTropa have two imports at their disposal, still undecided who to use Game Tomorrow: (Smart Araneta Coliseum) 7 p.m. – San Miguel Beer vs TNT KaTropa TNT KaTropa is still undecided on which import to play in…

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